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Recent Posts in Legal News Category

  • Bankruptcy Appellate Panel Rules on Statute of Limitations Argument

    || 19-Nov-2015

    The Bankruptcy Appellate Panel (BAP) of the Ninth Circuit recently had an opportunity to consider a statute of limitations argument concerning fraudulent transfer actions based on actual intent. In deciding whether to consider the issue, the BAP had to determine whether the law raised factual issues or a purely legal issue. Ultimately, the BAP decided that the statute raised factual issues and ...
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  • Security-Chipped Credit Cards Replace Magnetic Strip Credit Cards

    || 7-Oct-2015

    Credit card fraud has been one of the most common types of fraud for quite some time. In fact, the Federal Reserve reports that in 2012, there were over 13.7 fraudulent credit card transactions that totaled more than $2.3 billion in charges. Research states that the magnetic strips located on the back of these cards are easy to counterfeit. These strips have become one of the main ways fraudsters ...
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  • The Change in Bankruptcy Law That Could Save Your Car

    || 23-Jun-2015

    In 2005, Congress amended the Bankruptcy Code in favor of the car finance industry. In short, the change meant debtors couldn’t file for bankruptcy and continue making their car payments with complete certainty their automobile wouldn’t be repossessed. After the amendment in 2005, filers were essentially forced to choose between keeping their cars and or discharging their debt. Now, ...
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