The word “defalcation” remains one of the more frightening terms in the title insurers’ lexicon. But with the proper training, preparation, and response, defalcations can be managed, and the title ...

COLUMBUS, Ohio, Dec. 8, 2020 /PRNewswire/ -- As the first to review and rate Title underwriters, Demotech, Inc. has observed and reported on the impact of defalcations and escrow theft on the Title ...

Read Part 2, Part 3, and Part 4 of this story. On a warm summer day in July, 1873, Ethelbert S. Mills, the president of the Brooklyn Trust Company, took a couple of days off to go to the beach at ...

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WASHINGTON (CN) - The Supreme Court agreed Monday to consider whether a man can discharge a judgment debt that he can satisfy only with a property sale kept in limbo. Randy Curtis Bullock is in a bind ...

Bullock v. BankChampaign, N.A. is a case in which the oral argument had little to do with the final opinion. The dispute involves an exception to the bankruptcy discharge for debts incurred through ...

Debts for fraud or defalcation while acting in a fiduciary capacity, embezzlement or larceny are nondischargeable in bankruptcy. However, "defalcation" is not defined in § 101 of the Bankruptcy Code.

Read Part 1, Part 2, and Part 3 of this story. In the fall of 1873, the great city of Brooklyn had been “Rodmanized.” No, not taken over by the ancestor of a second-rate, cross-dressing basketball ...