Bankruptcy Blogs

How to Stymie Mortgage Lending: QM Rule Edition

01/25/13

What the mortgage industry wanted was a clear-cut rule from the CFPB. What it received was 800-plus pages of confusion.

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Patrick Dempsey Saves Lives on TV, Saves Jobs With Tully’s Purchase

01/24/13
Provided
Patrick Dempsey

Of all the things that actor Patrick Dempsey has given up while training for long-distance bike rides, coffee isn’t one of them.

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Guns, Drugs, and Banks: None Can Be Controlled

01/24/13

Why do we instinctively cower to power after financial crises and human tragedies? And what can be done about it?

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We Need a Politician Like Carter Glass

01/24/13

The lawmaker behind the Federal Reserve and Glass-Steagall Acts understood that unless legislation imposes specific rules, including clear limits on financial institutions' activities, we are bound to have lax regulation, excessive speculation, and crises.

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Income taxes can be discharged in bankruptcy

01/24/13

IRS LogoAhh, the New Year is always such a special time.  No, not because of The Super Bowl – because it’s tax season!  So, tax season is a good time to review the dischargeability of income taxes in bankruptcy.

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The Daily Docket: Judge Approves $843.7M Kodak Financing Deal

01/24/13
Reuters

A judge on Wednesday approved a financing deal worth $843.7 million for Eastman Kodak Co., a package the company said should help it emerge from bankruptcy protection around midyear.

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