Bankruptcy Blogs

California Has Its Own Bankruptcy Laws Since bankruptcy law is federal, many of the same principles apply in bankruptcy cases regardless of where the case is filed. For example, whether you’re filing in California or Texas, a bankruptcy estate is created when bankruptcy protection is sought. For the time that you’re in the bankruptcy system, [...]

Improving the branch experience could fail to increase foot traffic, but will boost customer satisfaction, loyalty and, ideally, advocacy.

Receiving Wide Coverage ...

Charges Filed: The Justice Department is suing credit rating agency Standard & Poor's for allegedly ignoring their own standards and rating mortgage investments much higher than they should have been in years leading up to the financial crisis. Per the suit, filed by U.S. Attorney General Eric Holder: S&P "falsely represented that its credit ratings of RMBS and CDO tranches were objective, independent, uninfluenced by any conflicts of interest that might compromise...

Language in the act clearly stipulates the Senate be involved in appointing the Consumer Financial Protection Agency's director. Recess appointments, whether unconstitutional or not, are impermissible.

Dodd-Frank repealed the ban on paying interest on business checking accounts. No longer necessary to circumvent that restriction, sweep accounts with overnight repos can still protect and retain high-balance depositors.