Bankruptcy Blogs

FHA Fees Are Holding Back First-Time Homebuyers

09/16/14

The Federal Housing Administration raised mortgage insurance fees during the financial crisis in order to cover a wave of defaults. Now that the housing market has steadied, the agency should adjust its policies.

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The Daily Docket: NII Holdings Enters Bankruptcy

09/16/14
PRNewsFoto/NII Holdings, Inc.

NII Holdings Inc ., which owns Nextel

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Morning Scan: Banks Vie for No. 1 Slot in Apple Pay; Citi Nears IPO for One Main

09/16/14

Receiving Wide Coverage ...

Apple Pay's Ripple Effects: Big banks are vying to have their cards at the top of iPhone users' mobile wallets when Apple Pay debuts next month. Apple has yet to release details of how its mobile payments system will work, but the Financial Times reports that everyone is betting consumers will be able to select a particular card as the default payment option. That's a scary prospect for lenders like the San...

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American Sniper’s Widow Sues Bankrupt Training Company He Founded

09/15/14
“American Sniper” author Chris Kyle poses for this 2012 file photo. Mr. Kyle was fatally shot at a shooting range southwest of Fort Worth, Texas, on Feb.
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Digital Wallets

09/15/14

Interesting op-ed on digital wallets by Edward Castronova and Joshua Fairfield in the NYT. I'm a little more skeptical. Thoughts follow the break.

(1) We already live in a world of digital currency.

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Indictment for Bankruptcy Crime in Palm Beach County

09/15/14

An indictment a few days ago against a chapter 7 debtor in Palm Beach County provides an occasion to review the bankruptcy crimes provisions of title 18 of the United States Code.  This indictment gives credence to the rule of thumb to beware of the debtor who mentions the words "Rolex watch." 

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Finality and its Three Exceptions

09/14/14

The 11th Circuit Court of Appeals recent decision in In re Donald J.

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The Broke and the Beautiful: Vintage Edition

09/12/14

This week on The Broke and the Beautiful, Vintage Associates is selling Jackson family memorabilia, and “Real Housewives of New Jersey” stars Teresa and Joe Giudice are selling their house. Also, the patriarch of “My Five Wives” is out of bankruptcy.

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