Monthly Archives: March 2010

SUPREME COURT TO HEAR ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES?

ISSUE: IN CALCULATING DISPOSABLE INCOME FOR CHAPTER 13 SHOULD COURT CONSIDER ACTUAL INCOME/EXPENSES OR LIMIT INQUIRY TO HISTORICAL FIGURES?
Hamilton v. Lanning
Argued: 3/22/10
No. 08-998
Court Below: 545 F.3d 1269 (10th Cir. 2008)
[Summarized by: Cameron Soran]
Full Text:
http://www.scotusblog.com/wp-content/uploads/2009/10/08-998_ca10.pdf
BANKRUPTCY (Whether when calculating the debtor’s projected disposable income during the plan period, the bankruptcy court may […]

Debt Collector Imprisoned For Scam

Source:
Debt collector imprisoned for scam
By Matt Gryta
NEWS STAFF REPORTER
Updated: March 23, 2010, 6:59 am / 4 comments
Published: March 23, 2010, 12:30 am
Noah Schapiro, a Williamsville debt collector who is a drug and gambling addict, was sentenced Monday to six to 12 years in prison and was ordered to repay 21 clients and a […]

Man sues Kentucky law firm over debt collection letter

Source: Credit and Collection News
www.wvrecord.com
Mar. 10, 2010 | West Virginia’s Legal Journal
News > Federal Court
Man sues Ky. law firm over debt collection letter
3/9/2010 7:54 PM By Kelly Holleran -Monongalia Bureau
MORGANTOWN - A man has filed a putative class action lawsuit against the Kentucky-based law firm that he says illegally sent him a debt […]

The Legal Professional: US bankruptcies rise in 2009

Source: Credit and CollectionNews.com
(The Legal Professional)
Wednesday 10 March 2010
The USA lumps all kinds of insolvency proceedings under the single heading of “bankruptcy” and so its headline figures are misleading. But behind the headline figure - that there was a near-30% increase in 2009 as against 2008, there are some trends that indicate a deep malaise […]

DEBT COLLECTORS PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES

DEBT COLLECTORS WILL PAY MORE THAN $1 MILLION TO SETTLE FTC CHARGES
SOURCE: CreditAndCollectionNews.com

A nationwide debt collector has agreed to pay a civil fine of more than $1 million to settle Federal Trade Commission charges that it violated federal law by inaccurately reporting credit information and pressing consumers to pay debts they often did not owe.
CLICK […]