Bankruptcy Blogs

The Broke and the Beautiful: Love Actually Edition

02/15/13

This week on The Broke and the Beautiful, actress and singer Martine McCutcheon is in bankruptcy, and Chapter 11 has claimed another special-effects studio.

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Debt Settlement, the IRS and Bankruptcy: Three Rules to Know

02/15/13

If you find yourself deep in debt, and are exploring your options to get out, the odds are you’ve considered both bankruptcy and debt settlement. In order to help you make a more educated decision, there are three rules you should be aware of. Rule #1: Settling Debts Outside of Bankruptcy Can Increase Your Tax [...]

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Hoenig Is Right: Exams Should Home In on Big Banks

02/15/13

Boosting regulatory oversight of Wall Street firms will better allocate examiner resources to the riskiest financial firms and help reduce unnecessary burdens on community banks.

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Will CFPB Be Renamed 'Consumer Family Protection Bureau'?

02/15/13

Editor's note: Morning Scan will not publish on Monday, Feb. 18 in observance of the Presidents Day holiday. We'll be back on Tuesday, Feb. 19. Receiving Wide Coverage ... Senator Warren: She's the firebrand you expected, admonishing financial regulators from her Senate Banking Committee seat ("The question I really want to ask is about how tough you are") and fighting the Republican filibustering of Richard Cordray's renomination. Interestingly, one reason Elizabeth Warren urges a quick confirmation of...

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The Daily Docket: Chapter 11 Tools Help Airline Consolidations

02/15/13
Reuters

As American Airlines gears up for its next chapter, the airline owes a lot to its current chapter: Chapter 11 bankruptcy protection.

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Stamping Nonbanks 'SIFI' Is Harmful and Needless

02/15/13

Labeling a firm "systemically important" will tip the competitive scales one way or the other - to no purpose, since the exercise is premised on a misunderstanding of the 2008 financial crisis.

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Payday Lending May Be Back In North Carolina

02/14/13

North Carolina Senate Bill 89 was recently introduced.  It will allow payday lending in North Carolina.  This is a horrible step backwards for North Carolina.

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