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Commencing a Chapter 13 Case –A Chapter 13 bankruptcy case begins with the filing of the bankruptcy petition. –Upon the filing of the petition an automatic stay arises that prohibits creditors from taking any further action to collect a debt or enforce a judgment. –A Notice of Commencement of Cas...
As reported on MSNBC.com (Nov. 1, 2009): Executives of America's 28 largest banks will meet with Federal Reserve supervisors on Monday to discuss the Fed's plan to police banks' pay policies, officials said Friday. Consumer spending plunged in September by the largest amount in nine months, refle...