Bankruptcy Blogs

Lure of Easy Revenue Can Distract Banks from Strategic Risks

01/02/13

Avoid a change if your bank lacks the ability or resources to implement it successfully. Instead, consider accepting low growth, managing the institution for cash and returning the excess capital to shareholders.

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Expect More (and Increasingly Vicious) Cybercrime in 2013

12/31/12

Cybercriminals will target small banks, mobile platforms and cutting-edge payment forms in an effort to delay service and obtain data next year.

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'Uncertainty Is Killing Our Bank!' No, Inaction Is

12/31/12

Bankers say their decisions and progress are retarded by uncertainty about pending government actions. That's nonsense. Seldom has the future been as clear as it is today.

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Settling IRS Debts in 2013 Takes Less Dough

12/31/12

paying taxes

There is good news for taxpayers wanting to settle up with the Internal Revenue Service.  Uncle Sam will accept a smaller lump sum payment to settle unpaid tax debts.

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Have You Already Gone Over the Fiscal Cliff?

12/30/12

The United States will go over the fiscal cliff tomorrow if Congress cannot come up with at least a short term solution. But what about us? Many of us have already gone over our fiscal cliff.  Even if Congress finds a way to avoid the country going over the cliff, it is unlikely they will help the rest of us solve our financial distress.

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Bankruptcy: the Board Room vs. the Dining Room

12/28/12

When Evaluating Bankruptcy As A Debt Relief Option, Free Yourself From Ego And Evaluate Your Finances Like A Board Of Directors Regardless of whether it can help, most people who find themselves deep in debt shudder at the thought of bankruptcy. Around the dinner table, filing bankruptcy carries a certain stigma, it’s not something you [...]

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