Law

Bankruptcy Code Does Not Preempt State Creditor-Harassment Claims, 4th Circuit Rules

Divided appeals court says state claims are in keeping with federal law's goal of giving debtors "a fresh start." The U.S. Bankruptcy Code does not preempt a bankrupt debtor's state-law claims of ...
Investopedia

Bankruptcy: What It Is, How It Works, and Types

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.
JD Supra

Bankruptcy Basics and the Impacts of COVID-19

Contract law is about holding people to their promises. Bankruptcy law does just the opposite. Authorized by the Constitution and created by ...

Chapter 7 vs. Chapter 13 Bankruptcy: Which Is Best for You?

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...
Law

Third Circuit Confirms That Bankruptcy Code Governs Retention of Debtor's Counsel and Recognizes That Bankruptcy Court Has Considerable Discretion

The Third Circuit confirmed that §327 governs retention of counsel. Moreover, it determined that a review of potential conflicts is committed to the discretion of the bankruptcy court and stated that ...