Bankruptcy Blogs

Banking News All Over the World, Little of It Good

12/10/12

Wall Street Journal

In what is either an oversight or an extreme dislike of jargon, the Journal managed to write an 800-word article on the imminent expiration of the Transaction Guarantee Program (TAG) without once using the phrases "Transaction Guarantee Program" or "TAG." The gist is that the Senate would re-up the program, the Republican-dominated House won't, and small banks are seething and fighting for an extension. ...

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Family law attorneys in houston texas free consultation

12/09/12

At Capitaine, Shellist, Peebles & McAlister L.L.P., you will have a team of experienced trial lawyers with years of experience in the courtroom to bring to bear when representing you during this difficult time. When you hire our team to represent you, you receive the skills of five accomplished trial lawyers, not just one. Our [...]

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Bankruptcy, short sale, debt forgiveness tax and the fiscal cliff

12/08/12

The 2007 Mortgage Forgiveness Tax Relief Act expires December 31, 2012.   That’s one of the tax cuts, put in place when George Bush was president, that are about to expire.  This one may force more people to file bankruptcy.

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What I Love about Kiva.org

12/08/12

Kiva.org is the on-line microlending network that
allows anyone to lend $25 or more to individual low-income borrowers around the
world for micro-enterprise and housing.  
Kiva is an entirely different way of thinking about credit and financial
intermediation.

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Many Thanks to Amy Schmitz

12/07/12

On behalf of everyone at Credit Slips, I want to thank Professor Amy Schmitz for joining us as a guest blogger. Her posts included the song Fine Print Foils lamenting the legal traps laid for everyday households in many a consumer contract.

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Lehman Examiner Reflects on Report’s Legacy

12/07/12
Associated Press
Anton Valukas testifies before the House Financial Services Committee regarding Lehman Brothers and financial reform on April 20, 2010.

Thursday marked the one-

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The Last U.S. Bankruptcy Filing -- October 11, 2018

12/07/12

Downward TrendAfter some fancy computing, it appears the last U.S. bankruptcy filing will occur on October 11, 2018.

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Uncertainty Chilling Broker-Dealer Sweep Deposit Market

12/07/12

Banks are unsure if deposit contracts with broker-dealers that have longer-term rate and contract maturities will be treated as such under Basel III.

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