Bankruptcy Blogs

Announcement: What to Expect at Your Bankruptcy Hearing

09/07/19

What to Expect at Your Bankruptcy Hearing For most people, your only bankruptcy hearing is what’s called the “meeting of creditors.”  (We almost never actually have creditors show up. We can also call it your “trustee hearing.”) Here’s a video that explains where to go, best places to park, what to bring and what questions […]

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North Carolina group switches plan from de novo to M&A

09/06/19

Skip Brown, an executive with the the Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.

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Student borrower protection bill stalls in California

09/06/19

A legislative measure would have made the Golden State the first in the nation where aggrieved borrowers could sue their servicers. The bill was delayed until 2020 after banks and other financial companies expressed opposition.

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Did Treasury's GSE report move the needle?

09/06/19

The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.

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Destination Milwaukee: A community bank's incremental expansion

09/06/19

Other banks have made splashy acquisitions there, but PSB Holdings is getting ready to open a branch after making inroads in the market for three years. Its next step could be M&A.

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BB&T-SunTrust branch sale, GSE overhaul, CFPB's payday rule: Top stories of the week

09/06/19

Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories.

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RBB entering Chicago with PGB acquisition

09/06/19

Both banks focus on the Chinese-American community.

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CFPB to hold symposium on behavioral economics

09/06/19

The event is the bureau's second in a series on consumer protection policy. The first dealt with the agency's authority to penalize firms for unfair, deceptive or abusive acts and practices.

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Fed proposes capital requirements for insurance units

09/06/19

The Fed is seeking feedback on a "Building Block Approach" to risk-based capital standards for firms heavily engaged in insurance activities.

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CEO of failed First NBC facing criminal probe, judge says

09/06/19

Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter.

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