Bankruptcy Blogs

Morning Scan: Bernanke's a Hamilton Fan; Teaming with Marketplace Lenders

06/23/15

Receiving Wide Coverage ... Save Hamilton: Ben Bernanke has joined the growing chorus of those who say the Treasury should bump Andrew Jackson from his perch on the $20 to make way for the first woman on U.S. currency Â-- and leave Alexander Hamilton be on the $10. The former Fed chief writes on his blog that he's "appalled" by the plan to push aside Hamilton (who Bernanke calls "without doubt the best and most foresightedÂ...

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Failed Hospital’s Ex-Owner Pleads Not Guilty to Criminal Charges

06/22/15

More than a decade after his Chicago hospital collapsed into bankruptcy, Peter Rogan faces a reckoning.

Mr. Rogan last week pleaded not guilty to criminal charges accusing him of trying to evade creditors from collecting nearly $200 million in legal judgments against him in connection with the fraud that brought down Edgewater Hospital and Medical Center.

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Apple Pay's Lack of Loyalty Perks Is a Smart Move

06/22/15

Apple realizes that retailers are uniquely well-positioned to encourage mobile payments adoption. That's why the company's decision to start accepting retailer loyalty cards on Apple Pay before launching a loyalty program of its own makes good sense.

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The Safe Way to Give Traditional Banks Regulatory Relief

06/22/15

Determining regulatory requirements based on banksÂ' activities rather than their size would liberate old-school institutions from unnecessary burdens without endangering the financial system.

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Morning Scan: Dimon on Jimmy Lee; Regulators' Biggest Fear

06/22/15

Wall Street Journal Jimmy Lee, the JPMorgan Chase vice chairman who unexpectedly died last week, will be "irreplaceable," according to CEO Jamie Dimon. Lee was responsible for being the point man to JPMorgan's top corporate clients; his duties will be farmed out to several executives. One example of Lee's importance: when General Electric earlier this year decided to sell off its GE Capital banking unit, Dimon and Lee were both summoned to a GE conference roomÂ...

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RadioShack Nears Final Reckoning in Bankruptcy

06/22/15
Sale signs greet customers walking to the RadioShack at Valley View Plaza in Marion, Ind., on Friday, Feb. 20, 2015. The store is among the Central Indiana Radio Shacks slated to close in the wake of the company’s Feb. 5 bankruptcy filing.
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Chapter 13 Bankruptcy Plan

06/21/15

The bankruptcy code requires a chapter 13 debtor to file a chapter 13 plan. The chapter 13 debtor has the exclusive right to file a plan as chapter 13 is a voluntary proceeding.

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Credit Counseling Prior to Bankruptcy

06/21/15

The bankruptcy code requires that an individual seeking to file for bankruptcy relief must take a certain approve credit counseling course during the 180 days prior to the filing of the case.

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