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Bankrupcy News.
Eighth Circuit Strikes Down BAPCPA's Provision Banning Attorneys from Providing Debt Advice
The U.S. Court of Appeals for the Eighth Circuit yesterday struck down BAPCPA's provision that barred attorneys from advising clients to take on more debt before they filed for bankruptcy protection...Read More

Countrywide Submits New Proposal to Settle Lending Suit
The Countrywide Financial Corp. and a chapter 13 trustee have submitted a new proposal to resolve claims of abusive lending practices...Read More

Sharper Image Battles Requests for Chapter 7 Conversion
Bankrupt retailer Sharper Image Corp. is fighting moves by the representative of a putative class of shoppers to convert its chapter 11 case to chapter 7...Read More

Aloha Unions Object to Chapter 7 Trustee Order
Two unions representing bankrupt Aloha Airlines' flight attendants and pilots have objected to a chapter 7 trustee's motion asking a Hawaii court for authority to amend the company's employee benefit plans...Read More

Unemployment Rate Hits Five-Year High
The U.S. jobless rate jumped in August to a nearly five-year high as employment fell for an eighth straight month, raising the risk of recession as households face a struggling labor market and high inflation...Read More
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Upcoming Events.

Bankruptcy 2008: Views from the Bench
September 12, 2008
Washington, D.C.

28th Annual Midwestern Bankruptcy Institute & Consumer Forum
Kansas City, Missouri
October 3, 2008

Chicago Consumer Bankruptcy Conference
Chicago, Illinois
October 13, 2008

International Insolvency Symposium
Frankfurt, Germany
October 31, 2008

Detroit Consumer Bankruptcy Conference
Troy, Michigan
November 11, 2008

Winter Leadership Conference
Tucson, Arizona
December 4-6, 2008

Upcoming Events.

110th Congress

S. 3287, To amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.
 
S. 3259, To amend title 11, United States Code, with respect to the priority of certain high cost credit debts.
 
P.L. 110-262, To designate the United States bankruptcy courthouse located at 271 Cadman Plaza East in Brooklyn, New -ork, as the `Conrad B. Duberstein United States Bankruptcy Courthouse'
 
H.R. 3010, To amend chapter 1 of title 9 of United States Code with respect to arbitration.
 
H.R. 4044, To amend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to exempt from the means test in bankruptcy cases, for a limited period, qualifying reserve-component members who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 60 days.
 
H.R. 5830, To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market.
 
H.R. 5679, To amend the Real Estate Settlement Procedures Act of 1974 to require mortgagees for mortgages in default to engage in reasonable loss mitigation activities.
 
H.R. 3221, A bill to provide needed housing reform and for other purposes. (Senate housing stimulus package).
 



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