Bankruptcy Blogs

How Prepaid Providers Painted Themselves Into a Corner

04/29/13

A heightened regulatory focus may be a direct result of early positioning as a business distanced from the rest of the payments industry, which may be keeping more banks from offering prepaid products.

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Banks Have a Responsibility to Teach Financial Literacy

04/29/13

Building a nation of savers will keep more money in our economy, make responsible credit more accessible and improve resiliency when setbacks occur.

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The Daily Docket: Kodak Reaches Deal to Hand Business to U.K. Retirees

04/29/13

Eastman Kodak Co. reached a deal to hand over its “personalized imaging” and “document imaging” businesses to U.K. retirees, The Wall Street Journal reports.

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Don't Think of It as Losing a Co-COO, Think of It as Gaining a Sole COO

04/29/13

Receiving Wide Coverage ...

Another Shake-Up at JPMorgan: Frank Bisignano is leaving the bank to run First Data and Matt Zames will add responsibilities as sole chief operating officer, a title he has shared with Bisignano since July. Bisignano and JPMorgan CEO Jamie Dimon go back a long way, having worked together at Citi during the Weill era. The Journal casts the departure as a significant blow to the bank, starting with the headline ("Dimon Loses…")....

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Exemption of Unemployment Compensation After Debtor’s Receipt

04/29/13

Can a Florida Chapter 7 bankruptcy debtor exempt money in his bank account that represents deposited unemployment compensation? A Florida bankruptcy court recently reviewed this issue which had not previously been considered by any Florida court.

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Reduce Your Car Loan

04/27/13

It’s important to keep a car. We all know this. We need to get to work, and we need to shop for our family. Sometimes our circumstances change and a vehicle loan that was once affordable, well, no longer is. The law recognizes this and wants to help.

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Trouble Getting a Mortgage Modification? Get Your Bankruptcy Court to Help!

04/26/13

Homeowners experiencing financial difficulties can avoid losing their homes by getting a mortgage modification. The trouble many people have is getting their mortgage company to agree to grant them an affordable modification.

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Brown-Vitter TBTF Bill: Just Another Break-up Proposal

04/26/13

Unrealistic capital requirements and strict deadlines would force megabanks to sell assets, removing their value from the U.S. and global economies permanently.

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The Broke and the Beautiful: Supermodel Edition

04/26/13

On this week’s The Broke and the Beautiful, Janice Dickinson is strutting down the bankruptcy catwalk, and Arnold Klein got hit with an arrest warrant. Also, Girls Gone Wild’s trustee wants to ban Joe Francis from the company’s headquarters.

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