Bankruptcy Blogs

Why 5% Cash Back Is an Overrated Selling Point

11/06/13

Big, flashy rewards are often too broad, too niche, or too complicated for consumers. Banks should follow Capital One's lead and switch to more straightforward (and sustainable) rewards programs.

[more]

Oops, I Brought Down the Bank: A Cautionary Tale

11/06/13

If a technology problem has roiled your organization recently, there's an 80% chance someone in IT changed something they didn't fully understand.

[more]

The Daily Docket: Advantage Rent A Car Enters Bankruptcy

11/06/13

Simply Wheelz LLC, which does business as Advantage Rent A Car, filed for Chapter 11 protection Tuesday, months after its spinoff from Hertz Corp. Read the Daily Bankruptcy Review article here.

[more]

Paradox: Adding Capital Increases Need for More Capital

11/06/13

Banks must generate higher earnings to cover the cost of capital they raise. Higher earnings require taking more risk, creating the need for more capital. There is a better way.

[more]

CFPB Revs Up Auto-Loan Probe; AIG Preps Another Mortgage Suit

11/06/13

Receiving Wide Coverage ... You had to figure that with an election night, and lots of other distractions such as the continued buzz over the SAC Capital plea deal, commercial banks would get a break for at least one 24-hour news cycle. Wrong. Scan the major dailies, and there are threats coming from all directions, including regulatory probes, lawsuits and fines. Even Bitcoin is going to get scrutiny on Capitol Hill. …

[more]

An Easy Fix to Dodd-Frank's Credit Ratings Rule

11/05/13

By deleting three words from the Dodd-Frank Act, regulatory agencies could "refer to" credit ratings, which certainly makes sense, while never "requiring reliance" on them, which doesn’t.

[more]

Bankruptcy Lawyer - Exemption of Worker's Compensation Benefits in Florida

11/05/13

Miami bankruptcy lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. Office: 1221 Brickell Ave., 9th Fl., Miami, Florida. Tel.: (305) 891-4055. www.bublicklaw.com

[more]

DIP Financing: How Chapter 11's Bankruptcy Loan Rules Can Be Used To Help A Business Access Liquidity

11/05/13

Cash Is King. An army may march on its stomach, but for companies, it's liquidity that keeps the business going. For many companies, typical sources of liquidity, beyond cash flow from sales or other revenue, are (1) financing from banks or other secured lenders, (2) credit from vendors that can reduce immediate liquidity needs, and (3) when needed, loans from owners, investors, or other insiders.

[more]

Bankruptcy Lawyer - Constructive Trusts in Florida

11/05/13

Bankruptcy Lawyer - Chapter 13 Bankruptcy Lawyer Jordan E. Bublick has an office in Miami and has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is located in Miami at 1221 Brickell Ave., 9th Fl., Miami and may be reached at (305) 891-4055. www.bublicklaw.com  

[more]