Bankruptcy Blogs

'Rural' Mortgage Definition Another One-Size-Fits-All Rule

04/15/13

The requirement is a symptom of a larger problem: Inherently local knowledge is needed for most of the regulations tasked to regulators in Washington.

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Refi Party Is Over, Mobile Money Party Is Just Beginning

04/15/13

Breaking News This Morning ...

Earnings: Citigroup, M&T, First Republic, Webster Receiving Wide Coverage ...

Refi Party's Over: That seems to be the big takeaway from the JPMorgan and Wells Fargo first-quarter reports that came out Friday, which showed declines in mortgage banking income. Wall Street Journal, Financial Times, New York Times, Washington Post ...

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The Daily Docket: LBIE Creditors Might Get Full Returns

04/15/13

Creditors of Lehman Brothers Holdings Inc.’s U.K. arm, Lehman Brothers International Europe, might get all their money returned to them. Read the article via Daily Bankruptcy Review.

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Regulators Should Nurture Insurers' Role in Mortgage Market

04/15/13

Private mortgage insurance should be identified as a viable option for credit enhancement as regulators contemplate post-GSE-reform models and Basel III revisions.

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Published Study About Student Loan Discharge

04/15/13

Most people filing bankruptcy understand that Chapter 7 bankruptcy will not discharge student loan debt. In fact, the bankruptcy law provides an exception to the general rule of non-dischargeability when the debtor can demonstrate that the student loan causes an undue hardship on his post-bankruptcy recovery.

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Should You Buy a Car Prior to Filing Chapter 13?

04/14/13

buying a car--chapter 13You may want to consider buying a car prior to filing your Chapter 13 bankruptcy case.

Filing bankruptcy isn’t a matter of going to your bankruptcy lawyer’s office, plunking your money down, and signing a few documents. It involves planning.

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Commercial Law in the Legal Academy

04/13/13

Brian Leiter's been running a poll about what areas of law and legal study deserve more attention from the legal academy. I was rather surprised by the choices in the poll: areas that I've always thought are well-covered like family law are included, while commercial law isn't even on the list.

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Nebraska’s Westward-Expansion Museum Leaves Investors Hanging

04/12/13

The Kearney Arch museum in rural Nebraska has never been able to convince enough motorists to pull over to see its historical artifacts and volunteer re-enactors who chronicle how Americans bravely set out in wagons in the mid-1800s to settle the country’s prairie land.

But the storyline of the museum’s own financial struggle might not be so dramatic if the attraction—a boxy structure meant to look like a covered bridge and painted with colors of the Nebraska sunset—wasn’t hoisted above Interstate 80.

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