News

American InfoSource President, Blake Hogan, testified before the House Judiciary Committee on the issue of “Chapter 7 Bankruptcy Trustee Responsibilities and Remuneration.”

American InfoSource, the leading source of debt recovery solutions, today increased its lead on all major bankruptcy data providers with the announcement of a new electronic notification system designed to make it simpler than ever for creditors to receive adversary case notices.

American InfoSource is pleased to announce it has entered into a strategic partnership with John McMickle, President of JDM Public Strategies.

Compared with other federal crimes like terrorism, kidnapping and counterfeiting, bankruptcy-related crimes have long ranked low on prosecutors' priority lists.

Justice Elena Kagan, hailed last year by President Barack Obama as a defender of “ordinary citizens,” sided with a Bank of America Corp. unit against an indebted consumer in her first U.S. Supreme Court ruling.

U.S. consumer bankruptcies are on an upward trend, with 1.6 million filings estimated to come by the end of 2010.

To provide for improvements to the administration of bankruptcy in cases under chapter 7 of title 11 of the United States Code.

Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system.

With Memphis and the nation mired in a deep recession last year, you might expect the path from neighborhoods and businesses to U.S. Bankruptcy Court would be more heavily trod than usual.