Bankruptcy News Briefs 1/25


Headlines Kicking off The Week…

Lawsuit Alleges College Chain Misled Students

Ocwen to Pay $2M Penalty to SEC for Misstated Financials

CFPB Alleges Unlawful Lending Practices Against Buy-Here, Pay-Here Auto Dealer

Confusion After Clarity: The CFPB’s November Bulletin on Consumer Authorizations for Preauthorized Electronic Fund Transfers

Student Loan Super Borrowers: Facing Larger Than Life Student Loan Debt

Court Case Challenges CFPB’s Power

A Legal Battle Brews Over the Power of America’s Consumer Finance Watchdog

Virginia reaches $63 million settlement with 11 banks for RMBS fraud

Bankruptcy judge to reconsider order requiring Bloomberg sources’ disclosure



Join us at the San Francisco Marriott Marquis on May 19th-22nd for the 24th Annual Convention in San Francisco. This will be a convention to remember!

Are you new to practicing bankruptcy and need to know the basics (perfect for paralegals and support staff)  Join us on Thursday, May 19th from 9:00 AM to 4:00 PM for for Bankruptcy 101. 

Bankruptcy 101 Sessions Include:

  • Overview of Consumer Bankruptcy
  • Communicating with Clients and Preparing Schedules
  • What Exemptions Do You Use
  • Means Testing
  • Chapter 13 Plans and Confirmation
  • Love & Money: When Bankruptcy Law and Family Law Collide

Just another reason to Register by March 25th to Receive the Early Bird RateVisit  to register and learn more about the sessions, keynote speakers and a few new things NACBA has in store for you!

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New Proof of Claim and Mortgage Attachment: The Other Form Changes

We all know that all of the bankruptcy filing forms were revised as of December 1, 2015.  But did you know that major changes were also made to the Proof of Claim form (Form 410) and the Mortgage Proof of Claim Attachment form (Form 410A), with the same effective on Dec. 1, 2015? Learn from two bankruptcy and consumer law experts how these form changes can help you in representing clients.  This webinar will help you to understand the new forms and what to look for in figuring out whether the creditor’s claim is accurate and whether the servicer may have misapplied payments or made other servicing errors before the bankruptcy was filed.


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2016 never looked better!  Sail the friendly seas when you register for NACBA’s Fall Workshop Summit at Sea, October 7th-10th, 2016.


With so many exciting educational events and networking opportunities on the horizon in 2016 begin this year by renewing your NACBA Membership! Renew Today! 

Not a member of NACBA? Want to take advantage of all the benefits NACBA Members receive?Make a resolution and Join  NACBA Today!

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