A couple accused of running mortgage fraud schemes committed such “astonishing” discovery violations that the sanction imposed by a federal judge last week was a final judgment in the case. Vincent L. Abell, his wife, Marta Bertola, and their company, ...

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For individuals who are living on a fixed income, are unable to pay off their consumer debt or are fending off frequent calls from creditors or debt collection agencies, filing for bankruptcy often seems like the only option. Many of ...

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Caesars Entertainment Operating Co. opened a multiday trial to determine the exact date it went bankrupt, a question that could threaten a $468 million claim senior lenders have made on the casino company’s cash and affect talks with lower-ranking creditors. ...

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WILMINGTON, Del. — The old adage about looking a gift horse in the mouth may have a corollary regarding gift cards issued by retailers: Use it or lose it. In the latest case of gift card holders caught up in ...

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HARTFORD, Conn. — Rapper 50 Cent owns seven cars valued at more than $500,000 and pays $72,000 a month to maintain his Connecticut mansion, according to bankruptcy court filings. His businesses, however, posted losses of more than $10 million last ...

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Alpha Natural Resources is filing for Chapter 11 bankruptcy protection, the fourth big coal producer to do so within the last two years. The company operates about 60 coal mines throughout Virginia, West Virginia, Pennsylvania, Kentucky, and Wyoming. Coal prices ...

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Judge rules passwords property in bankruptcy head news summary that includes legal battle between colleges, Trump threatens NBC and pot proves profitable in Washington state.

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Consider the following (not so) hypothetical cases. No. 1. A lender made two loans to the same borrower. The borrower wanted to pay off one of the loans (Loan 1), but not the other (Loan 2). The lender agreed that ...

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Monica Stitt, a 45-year-old woman, is unemployed, disabled, and living far below the poverty line. Still, a federal district judge decided last week that she could not cancel more than $37,000 in student debt in bankruptcy, because she hadn’t made ...

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WASHINGTON  — The Supreme Court ruled Monday that one of the nation’s biggest law firms is not entitled to recover $5.2 million in legal fees it incurred in the course of a bankruptcy proceeding. The 6-3 ruling said the firm ...

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