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Standard of Living

A Debtor May Forfeit Right to a Chapter 7 Discharge By Refusing to Lower Standard Of Living

by Balch & Bingham LLP on

The Seventh Circuit Court of Appeals recently determined that a chapter 7 bankruptcy case can be dismissed if the debtor “avoids repayment of debt without an adequate reason.” In re Schwartz, No. 15-1416 (7th Cir. August 24,...more

Bloggers Beware! The Admissibility of Blog Entries As Admissions Against Interest

by Butler Snow LLP on

In this day in age, you really can find anything on the Internet. That is the good news and the bad news for attorneys and clients alike. With the popularity of online web logs, or “blogs,” on the rise, odds are that your...more

Macroeconomic Aspects of Retirement Savings

by Bennett Jones LLP on

In this issue: - Executive Summary - Introduction - Saving for our Collective Old Age - Macroeconomics of Savings and Investments - Individual Households’ Incentives to Save - Overall...more

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