Elizabeth Warren on The Daily Show discusses the need for Wall Street reform.  See her previous appearance on the show.

Turns out Wednesday’s Turnaround Underground event was covered by Reuters.  Nice quotes from some of the organizers including Arent Fox’s Adrienne Blankley and Neiger LLP‘s Edward Neiger.

Here’s the article link:  http://www.reuters.com/article/idUSTRE60R18Q20100128?feedType=RSS&feedName=everything&virtualBrandChannel=11563

Watch this space for details on the next event.

I just checked the PageRank for Bankruptcy Bill and apparently we moved up from a PageRank 4 to a PageRank 5 website.  Yippity doo!

What does this mean exactly?  We’re not entirely sure, but it sounds pretty good.

Then again, Abovethelaw.com comes up as PageRank 4 if you check their site.  And they must get exponentially more traffic and visibility than Bankruptcy Bill.

If any readers have insights and perspectives to share on what this all means, any comments and discussion are welcome.

Bankruptcy Bill was recently introduced to another lawyer with an affinity for cartoons: 

Joseph Aronds, Esq., Assistant Vice President at Hartz Mountain, has been writing a cartoon called Overruled! for the past two years for the New Jersey Association of Corporate Counsel’s monthly publication ACC Focus on the New Jersey Chapter. Joe was also recently appointed Vice President of Communications for NJCCA, which ran a nice profile of him here.

We asked Joe if he’d be interested in having his cartoons posted on the Bankruptcy Bill site as well and he said, “Sure!”  We hope our readers enjoy the cartoons and would also like to extend special thanks to bankruptcy attorney Sharon Levine of Lowenstein Sandler PC for introducing us.  You can get in touch with Joe at joseph.aronds [at] hartzmountain.com.

(Joe wishes to acknowledge Seth Wimpfheimer’s help with the coloring.)

***************

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  He speaks Japanese and focuses on comparative and international law, as well as international business.

Law Shucks

• CEO Blames Lawyers for Company’s Bankruptcy

WSJ Bankruptcy Beat

• Maine Sends Hamstrung Negotiator to FairPoint Talks
• The Daily Docket: Air America Signs Off
• If at First You Don’t Succeed, Open Your Wallet
• Tribune Gets Bonus Jitters as Payday Nears
• The Daily Docket: Bankruptcy for MGM?
• Ex-Football Star Facing Bankruptcy, Foreclosure
• The Daily Docket: W.R. Grace Seeks New Loan
• Bankruptcy Gets Starring Role on Bravo
• The Daily Docket: JAL Launches Restructuring
• Hecker Accused of Concealing Assets from Bankruptcy Court

Creditslips.org

• There May Be More Financially Distressed Small Business Owners Than You Think
• On Break Up Fees
• How Many Bankruptcy Appeals?
• Chapter 11 Costs — Help?
• Life Imitates Art (or at Least My Final Exam)
• Usury and Securitization
• A Special Bankruptcy Court
• Visa Does Not Issue Cards or Extend Credit.

Going Concern

• Who Wants to Buy Nic Cage’s Haunted House?

Above The Law

• Morning Docket: 01.14.10
• Bankruptcy Judge to the Rescue of Poor Old Lady/Law School Grad
• Job of the Week: Bankruptcy Baller

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

***************

Bill McLeod is a Boston-based bankruptcy attorney, representing creditors and debtors with over 15 years of experience. You can learn more about this and read more of his blog posts at www.mcleodlawoffices.com. Follow him on Twitter.  Find him on Facebook.

In recent months, I’ve been hearing from and speaking with attorneys young and old who express a desire to practice consumer bankruptcy law. Only some express a desire to enter into a practice area that is evolving, intellectually fascinating, and in this economy extraordinarily relevant. Virtually (but not) all express their belief that this is one practice area that is expected to grow in the coming years. Some mention that as the only motivation to consider it. I guess they have mortgage payments too.

If you’re considering changing practice areas, adding practice areas, or entering the consumer bankruptcy arena as a newly minted attorney fresh off the bar exam lawyer, here’s my…

Top Ten Things You Need to Know Before You Become a Bankruptcy Lawyer

1. Own a copy of the bankruptcy code. If you do not have a copy of the bankruptcy code and you’re already practicing (or perhaps better said, think you’re practicing) bankruptcy law, you’re already doing a bad job. Actually, you’re flirting with a malpractice claim. I have two: one at the office, and one which is always in my brief case, and my brief case is almost always with me (except when I leave it home). In addition to owning it, you should read it.

2. Never forget the basics. Attorneys have rules. You cannot lie, nor can you help a client lie. You cannot steal, nor may you help a client steal. You cannot violate your oath. There is no “winking” in bankruptcy. (more…)

Came across this great video of comedian Tim Clue talking about debt, credit cards and bill collectors on the blog of Oklahoma bankruptcy lawyer Dan Nunley.

Presenting Bankruptcy Bill’s favorite new event to hit the underground bankruptcy scene…

BLT (Bankruptcy Lawyer Topics) is a periodic review and comparison of consumer bankruptcy topics being covered on bankruptcy lawyer blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York (he’s celebrating Day 2 of his New York license by providing you with more BLT).  He speaks Japanese and focuses on comparative and international law, as well as international business.

• Click on BK Lawyer Blogs for a state-by-state list of bankruptcy lawyers with their own blogs.
• Have a blog or know a good blog post you think should be included? Or a suggestion for a future BLT theme?  Send an e-mail to BLT [at] bankruptcybill [dot] us with the link.
• Suggestion to bankruptcy lawyers with blogs: Make sure to include a “Search” function somewhere on your blog.  It makes it easier to find topical posts on your blog and increases the likelihood that a post from your blog will be included in BLT.

(We begin from the middle!…)

GENERAL

CreditSlips.org

• The Other Underwater Loans: Negative Equity in Auto Finance
• Calling All Article 9 Supernerds—Negative Equity and State Law

Consumer Law & Policy Blog

• Car Sales Plummet after Cash-for-Clunkers Program Ends

National Association of Consumer Bankruptcy Attorneys (NACBA)

• Eighth Circuit Allows Debtor to Claim Vehicle-Ownership Expense for Wholly-Owned Vehicle

NEVADA

Haines & Krieger (Las Vegas, NV)

• Five Warning Signs That You Are Headed for Bankruptcy
• Bankruptcy Myths

Black & LoBello Law Blog (Las Vegas, NV)

• Bankruptcy FAQ

***SEE MORE BLOG POSTS FROM BANKRUPTCY LAWYERS AROUND THE U.S.*** (more…)

The voting results of Bankruptcy Bill’s Bankruptcy Song Contest are not yet complete, due primarily to baby-raising reasons.  So in the mean time, we thought it might be entertaining and/or a good space filler to share the “Bankruptcy Song” from an episode of The Drew Carey Show where Drew holds a party to celebrate his filing for bankruptcy.

While the song doesn’t have a lot of actual bankruptcy information in it (like, say, “Bankruptcy Lover” by Bankruptcy Bill & The Fresh Starts), it is about bankruptcy and it was on a very popular mainstream sitcom.  Hence we believe it merits inclusion in the liturgy of pop culture bankruptcy songs out there.  (And yes, we realize it’s a rather small liturgy as liturgies tend to go.)