ABI Blog Exchange

By: Mary Shahverdian  On April 23, 2024, The Federal Trade Commission (“FTC) issued a final rule banning non-compete agreements for workers. The final rule defines a “non-compete” clause or agreement as …

Even when the contentions against a debtor-spouse sound in fraud, breach of fiduciary duty, or intentional tort, the claims of the debtor’s spouse survive a Chapter 7 discharge.

Tax code changes effective in 2018 inflicted a crippling blow to consumers who must sue to enforce their rights.  And few have yet noticed. The tax deduction for miscellaneous itemized deductions under IRC Section 212 is gone.

Below is a summary of Ponzi scheme activity reported for April 2024. There were at least 13 new Ponzi schemes revealed this month.

“You mean to tell me you don’t have any underwear!”   When I was much younger, I practiced bankruptcy law in Baltimore City. Judge Kiser, the bankruptcy judge, made people inventory their underwear.  

Law Review: Kilborn, Jason J., The 'Market Model' of Debt Counseling and Bankruptcy in the United States (March 1, 2024)

Research Paper: Lee, Brian Jonghwan, Bankruptcy Lawyers and Credit Recovery (April, 2024). FRB of Philadelphia Working Paper No. 24-10,