Ross, the world’s first artificially intelligent attorney, has its first official law firm. Baker & Hostetler announced that they will be employing Ross for its bankruptcy practice, currently comprised of almost 50 lawyers.
Source: Artificially Intelligent Lawyer “Ross” Has Been Hired By Its First Official Law Firm
WASHINGTON — U.S. Rep. Patrick Murphy introduced a bill last week that would prevent Social Security benefits from being garnished to pay student loans.
Source: Murphy bill would stop tapping Social Security to pay student loans
Recently, lawyers for 50 Cent fought against the appointment of a bankruptcy examiner to investigate Instagram photos the rapper posted of himself lying next to piles of hundred dollar bills. In
Source: Going Broke Badly: Celebrities Committing Bankruptcy Fraud | The National Law Review
A federal judge ruled that law-school graduates who file for bankruptcy protection can cancel the debt they racked up while studying for the bar exam, finding such loans are different from traditional federal student loans that are rarely canceled by bankruptcy.
Source: Judge Rules Bankrupt Law Grad Can Cancel Some Debt – WSJ
Wells Fargo & Co <WFC.N> will pay $81.6 million to homeowners for denying them a chance to challenge mortgage payment increases imposed during their bankruptcy proceedings, the U.S. Justice Department said on Thursday.
Source: Wells Fargo to pay $81.6 million to bankrupt U.S. homeowners | Grand Forks Herald
For borrowers seeking relief on their student loans in bankruptcy, there’s no room for any spending seen as excessive.
Source: How the Government Polices What Student Debtors Spend – Bloomberg Business
BOSTON — A Boston bankruptcy case could shift the decades-old federal laws that prohibit the dismissal of student loans in a bankruptcy and allow borrowers wit
Source: Bankruptcy case could make it easier to shed student loans
The ability to obtain a discharge of a person’s debts in bankruptcy—either through a reorganization of his or her affairs or liquidation proceeding administered by a court-appointed trustee—is a fundamental benefit…
Read more: http://www.thelegalintelligencer.com/id=1202738727251/Bankruptcy-Plans-Go-Up-in-Smoke-Marijuana-Grower-Denied-Relief#ixzz3nndyckw2
Source: Bankruptcy Plans Go Up in Smoke: Marijuana Grower Denied Relief | The Legal Intelligencer