Alabama Bankruptcy Attorney Articles | Semmes Law Firm, P.C.

August 8, 2013
Uncategorized

Government plans to wind down Fannie Mae, Freddie Mac

On Tuesday, President Obama indicated that he will support a congressional plan to wind down Fannie Mae and Freddie Mac, but conditioned his support on ...

August 8, 2013
Uncategorized

Dept. of Justice and SEC accuse Bank of America of Investor Fraud

The U.S. Department of Justice and the Securities and Exchange Commission filed parallel civil suits against Bank of America that accuse the bank of investor ...

August 8, 2013
Uncategorized

J.P. Morgan Chase Facing Probe Over Mortgage-Backed Securities

J.P. Morgan Chase revealed in a regulatory filing Wednesday that it is the subject of a investigation by the U.S. Attorney’s office related to mortgage-backed ...

October 26, 2012
Bankruptcy

Can a lien be avoided based on 11 U.S.C. § 506(d) solely on the ground that a proof of claim was disallowed because it was filed late?

Can a lien be avoided based on 11 U.S.C. § 506(d) solely on the ground that a proof of claim was disallowed because it was ...

October 24, 2012
Bankruptcy

US Sues Bank of America for $1 Billion for Mortgage Fraud

The Associated Press reported that a federal prosecutor sued Bank of America for more than $1 billion for mortgage fraud against Fannie Mae and Freddie ...

October 24, 2012
Bankruptcy

Does debt settlement work? Shouldn’t I try that before looking at filing bankruptcy?

Does debt settlement work? Shouldn’t I try that before looking at filing bankruptcy? According to a NACBA Consumer Alert (‘The Debt Settlement Trap: The #1 ...

October 22, 2012
Bankruptcy

What effect does Bankruptcy Code’s automatic stay provision have on conditions of a criminal sentence?

What effect does Bankruptcy Code’s automatic stay provision have on conditions of a criminal sentence? Defendant was ordered to pay restitution after being convicted for ...

October 18, 2012
Bankruptcy

When does judicial estoppel apply to proofs of claim?

The Fifth Circuit Court of Appeals found that judicial estoppel does not apply to an inconsistent proof of claim filed by the same creditor in ...

October 10, 2012
Bankruptcy

Why creditors should be held accountable for discharge violations

When a creditor tries to collect a debt that was discharged in bankruptcy, it is (and should be) treated as a serious violation of the ...

October 9, 2012
Uncategorized

Newman v. Newman, Georgia Supreme Court,

Newman v. Newman, Georgia Supreme Court, Docket S12F1549, October 1, 2012 Parties executed prenuptual agreeement where both parties recognized that there were ambiguities and stated ...