Economy

Indiana AG sues Florida foreclosure firm owned by lawyer

August 11, 2011
IL Staff
Indiana Attorney General Greg Zoeller has filed a complaint against a for-profit Florida foreclosure consultant company that Zoeller claims operated illegally in 15 Indiana counties and failed to provide refunds to customers after services were not provided.
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Partner pay rises despite economic recession

August 3, 2011
Scott Olson
Partners at Indianapolis’ largest law firms are enjoying healthy pay increases despite the tough economic times.

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I-9 audits present legal concerns for businesses

July 6, 2011
Jenny Montgomery
Indiana’s chapter of the National Federation of Independent Business issued a press release June 23, urging Indiana businesses to prepare for I-9 audits. U.S. Immigration and Customs Enforcement has stepped up its audits of businesses nationwide in an effort to crack down on the employment of unauthorized immigrant workers.
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Legal trend utilizes AG experience

July 6, 2011
Michael Hoskins
When he was the state’s top prosecutor, former Indiana Attorney General Jeff Modisett saw the beginning of a trend that’s now become a focus of his practice.
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Indiana Legal Services weathers budget cutsRestricted Content

June 22, 2011
Jenny Montgomery
The ILS board has taken cost-cutting steps, which include not renewing staff contracts.
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Judges split on mortgage issue

May 17, 2011
Jennifer Nelson
In a case of first impression between a lender and the mortgagee on record, the Indiana Court of Appeals was divided as to whether the mortgagee on record had an enforceable right under a mortgage.
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As boomers age, lawyers seeing new trends in estate and health care planning

May 11, 2011
Jenny Montgomery
Born between 1946 and 1964, baby boomers are not like generations that came before them with regard to estate-planning needs. Many of them are living longer and will be working longer – some by choice and others because the value of their retirement accounts has plunged in recent years. As they look toward their future, the boomers’ top concerns are asset protection and paying for long-term care, although each person may have a different approach about how to accomplish those goals.
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Federal budget cuts lead to uncertainty for state's student civic programs

April 15, 2011
Jenny Montgomery
Chuck Dunlap, executive director of the Indiana Bar Foundation, says federal budget cuts mean the IBF’s Civic Education Program will have no federal funding as of September.
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Pilot project uses secure network for foreclosure settlement agreements

April 11, 2011
IL Staff
The Indiana Supreme Court announced Monday a new program that allows parties in mortgage foreclosure settlement cases to exchange financial documents over a secure online network.
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Bankruptcy filings ease slightly in Indiana

March 1, 2011
Scott Olson
Total bankruptcy filings in the Southern District of Indiana ticked down last year. Business bankruptcies in Indiana dropped 3.2 percent.
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High court seeks comment on foreclosure practices

February 25, 2011
IL Staff
The Indiana Supreme Court is accepting comments from the public on the proposed “Mortgage Foreclosure Best Practices” guidelines.
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Fair Finance trustee sues Indy attorney for $375,000

February 15, 2011
Greg Andrews
The bankruptcy trustee for Fair Finance Co. has filed a lawsuit against Indianapolis attorney Stephen Plopper and his wife, saying they defaulted on a 2003 loan from the defunct Tim Durham-owned business and now owe $375,000.
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Cuts proposed to LSC budget would affect ILS

February 10, 2011
Rebecca Berfanger
Among approximately 70 proposed budget cuts, the U.S. House Appropriations Committee has proposed cutting $75 million, or 17 percent of the budget for the Legal Services Corporation, which funds 136 civil legal aid programs around the country, the committee announced Wednesday.
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Law schools discuss loans, jobsRestricted Content

February 2, 2011
Rebecca Berfanger
School administrators respond to a widely circulated The New York Times article, "Is law school a losing game?"
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Legal aid budgets remain steady

January 19, 2011
Rebecca Berfanger
While the need for services for indigent Hoosiers during these tough economic times continues to increase, civil legal aid providers are reporting that budgets for 2011 will be similar to those of 2010, and the numbers of cases handled in 2010 are comparable to 2009.
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Indiana pro bono districts take a hitRestricted Content

December 22, 2010
Rebecca Berfanger
While low interest rates can be a good thing for those looking to take out loans to buy a home, a car, or to refinance, they mean nothing but headaches and heartaches for organizations that depend on the dollars generated, such as legal aid organizations that rely on funds from Interest on Lawyer Trust Accounts.
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Court programs, economy among focuses of foreclosure conference

November 24, 2010
Rebecca Berfanger
When it comes to the problem of mortgage foreclosures in Indiana, there appears to be no end in sight, at least not yet.
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COA: Summary judgment wrong in foreclosure suit

November 19, 2010
Jennifer Nelson
A mortgagee’s compliance with federal mortgage servicing responsibilities is a condition precedent that can be raised as an affirmative defense to the foreclosure of a Federal Housing Administration insured loan, the Indiana Court of Appeals ruled today for the first time.
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Courts consider foreclosure issues

October 27, 2010
Rebecca Berfanger
To address recent news regarding foreclosures – including a handful of national banks putting holds on foreclosure proceedings regarding their lenders – participants in the foreclosure prevention efforts of the Indiana Supreme Court, including judges in pilot programs around the state for settlement conferences, held a conference call Oct. 19 to address these issues.
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Education conclave focuses on diversity, economyRestricted Content

October 13, 2010
Rebecca Berfanger
When the Indiana State Bar Association gets law students, attorneys, professors, judges, court administrators, deans, and representatives of Indiana’s Judges and Lawyers Assistance Program, Disciplinary Commission, Board of Law Examiners, and the Indiana Bar Foundation are all in the same place for a few hours, some interesting dialogues are bound to take place.
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Supreme Court to rule on priority rights on liens

October 4, 2010
Jennifer Nelson
The Indiana Supreme Court took a case from the Indiana Court of Appeals involving strict foreclosure in which the lower appellate court adopted the reasoning from a federal case to determine priority rights on liens.
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Discrimination cases rising

September 29, 2010
Rebecca Berfanger
As people lose their jobs in a rough economy, it’s obvious that unemployment claims go up – and stay up – as it is more difficult to find new work.
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Lenders meet with borrowers at event

September 29, 2010
Rebecca Berfanger
Following a statewide event Sept. 1 to help to homeowners who were concerned they might be facing foreclosures, the Indiana Foreclosure Prevention Network hosted another event Sept. 16 in Indianapolis.
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New approach to foreclosure prevention successful

September 15, 2010
Rebecca Berfanger
Courts around the state have experienced more success with a new approach to settlement conferences utilizing facilitators – who interact directly with borrowers and lenders – than past attempts to find alternatives to foreclosures.
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Attorneys needed for foreclosure events

August 13, 2010
IL Staff
Attorney volunteers are needed for free borrower outreach programs around Indiana hosted by the Indiana Foreclosure Prevention Network Sept. 1.
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  1. Being dedicated to a genre keeps it alive until the masses catch up to the "trend." Kent and Bill are keepin' it LIVE!! Thank you gentlemen..you know your JAZZ.

  2. Hemp has very little THC which is needed to kill cancer cells! Growing cannabis plants for THC inside a hemp field will not work...where is the fear? From not really knowing about Cannabis and Hemp or just not listening to the people teaching you through testimonies and packets of info over the last few years! Wake up Hoosier law makers!

  3. If our State Government would sue for their rights to grow HEMP like Kentucky did we would not have these issues. AND for your INFORMATION many medical items are also made from HEMP. FOOD, FUEL,FIBER,TEXTILES and MEDICINE are all uses for this plant. South Bend was built on Hemp. Our states antiquated fear of cannabis is embarrassing on the world stage. We really need to lead the way rather than follow. Some day.. we will have freedom in Indiana. And I for one will continue to educate the good folks of this state to the beauty and wonder of this magnificent plant.

  4. Put aside all the marijuana concerns, we are talking about food and fiber uses here. The federal impediments to hemp cultivation are totally ridiculous. Preposterous. Biggest hemp cultivators are China and Europe. We get most of ours from Canada. Hemp is as versatile as any crop ever including corn and soy. It's good the governor laid the way for this, regrettable the buffoons in DC stand in the way. A statutory relic of the failed "war on drugs"

  5. Cannabis is GOOD for our PEOPLE and GOOD for our STATE... 78% would like to see legal access to the product line for better Hoosier Heath. There is a 25% drop in PAIN KILLER Overdoses in states where CANNABIS is legal.

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