The Bad CHOICE Act
I'm testifying before House Financial Services tomorrow regarding the "CHOICE Act," the Republican Dodd-Frank alternative. My testimony is here . ... Read full article
I'm testifying before House Financial Services tomorrow regarding the "CHOICE Act," the Republican Dodd-Frank alternative. My testimony is here . ... Read full article
The revised draft PROMESA bill (available here ) is now under debate in Congress. The bill appears to respond to some early criticisms, although its length and complexity obscures answers to some important questions. Under the circumstances, it seems ... Read full article
Melissa's post asked what the executive branch could do to facilitate restructuring of Puerto Rico's debt. I'll get to that, but I first want to talk about Puerto Rico itself. At first glance, the Commonwealth seems to be in a uniquely ... Read full article
The Archdiocese of Milwaukee filed its chapter 11 petition on January 4, 2011. Yesterday, four years and ten months later, Bankruptcy Judge Susan Kelley confirmed the dioceses' reorganization plan. During those four plus years, the most contentious ... Read full article
Temple Law Review will soon publish a volume honoring Bil ... Read full article
BAPCPA's been in effect for 10 years now. I still remember the day before it went into effect, seeing round the block lines at the Wilmington courthouse as consumers rushed to file. There's lots to say about BAPCPA, for both consumers and ... Read full article
One of the great challenges to the bankruptcy system if not to the American way of life is those who insist on capitalizing the letter c when discussing chapters of the Bankruptcy Code. If it is "section 1129," as the Bluebook dictates, then ... Read full article
I never thought I'd write this, but Donald Trump speaks the truth, at least as far as bankruptcy is concerned. There's plenty to criticize regarding Donald Trump, but I really wish the media would back off the bankruptcy angle of his career, or ... Read full article
I'm testifying tomorrow before Senate Judiciary Committee's Subcommittee on The Constitution (yes, that's the official capitalization), about the constitutionality of the Dodd-Frank Act. Short version: nothing to see here folks. Slightly ... Read full article
You may have heard it. It was on the radio the last three mornings as I drove to work. It goes, "I got bills I gotta pay, so I'm gonn' work work work every day." It made me think about bankruptcy (naturally). And it is really catchy. ... Read full article
Should liability under the Fair Debt Collection Practices Act (FDCPA) lie against a creditor who submits a proof of claim past the statute of limitations in a consumer bankruptcy case? ... Read full article