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The Bankruptcy Act of 1898 (Act of July 1, 1898, ch. 541, 30 Stat. 544) was the first permanent bankruptcy law and remained in effect until the passage of the Bankruptcy Reform Act of 1978 (Pub. L. 95–598, 92 Stat. 2549, November 6, 1978). The 1898 Act created "courts of bankruptcy" defined as the district courts of the United States.
Lawyers practice in multiple areas and your best bet would be to go with someone who specializes in bankruptcy law. Attorneys who dabble in a little of everything are likely not aware of the ...
As a member of Rose Law Firm from 1964 to 2012, Herb practiced law in the areas of utility rate regulation, environmental, labor, bankruptcy, real estate and commercial lending and litigation, oil and gas, and eminent domain. In his 48-year legal career, Herb has tried over 100 trials, 65 appeals and has appeared before the Arkansas Supreme Court.
Richard and Betty Jo Rousey filed a joint Chapter 7 bankruptcy petition in the United States Bankruptcy Court for the Western District of Arkansas. They petitioned the court to shield portions of their IRAs from their creditors under section 522(d)(10)(E) of the United States Bankruptcy Code ( 11 U.S.C. § 522(d)(10)(E) ).
Certain scholars and politicians have advocated for a reform of the law to allow states to seek bankruptcy. [6] [3] [4] They argue that the law will require voluntary consent by the state and will not give the federal government or creditors the power to force a bankruptcy; therefore it would not interfere with state sovereignty or be unconstitutional.
In 2001, shortly after becoming President of the United States, Bush nominated Cummins to be the United States Attorney for the Eastern District of Arkansas, [3] a position that he held until 2006. During his tenure as U.S. Attorney, his office successfully investigated and prosecuted several high-profile cases including the conviction of a ...
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