Bankruptcy Blogs

Do It Yourself Bankruptcy – a good idea?

12/03/12

Ever heard of do-it-yourself brain surgery or building your own rocket to fly to the moon? Bankruptcy isn’t brain surgery or rocket science, but it sure isn’t making Kool-Aid either. Legally you can file bankruptcy on your own, but that doesn’t mean you should, does it? Don’t Take it from Me, Ask the Federal Government [...]

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End the TAG Program - It Puts Banks and the Economy at Risk

12/03/12

The money in TAG accounts is the hottest of the hot. If interest rates rise, these funds will disappear, hurting liquidity and capital for the banks that use the program.

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The Daily Docket: AMR Seeks Exclusivity Extension

12/03/12
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American Airlines parent AMR Corp. wants permission to control its own Chapter 11 case until March without the threat of rival proposals.

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Circle the Wagon to Ward Off ATM Patent Infringement Claims

12/03/12

A bankers' association could set up a panel charged with the responsibility of reviewing every claim made against a member and determining whether it had merit.

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UBS Nears Libor Settlement, B of A Forgets About Fees (for Now) While its CEO Forgets About Everything

12/03/12

Receiving Wide Coverage ...

UBS Nears Libor Deal: UBS is expected to reach a settlement with U.K. and U.S. authorities over its involvement in the London interbank offered rate-rigging scandal by the end of this year, several news outlets are reporting this morning. Even more notable is the fact that this settlement is expected to supersede the $450 million Barclays agreed to pay over similar charges. (A unnamed FT source "close to the talks" estimates the...

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Can I File A Chapter 7 Bankruptcy For My Small Business Only?

12/01/12

The Small Business Entrepreneur:  He employes half of all private sector employees, pays 44 percent of total U.S. private payroll, and has generated 65 percent of net new jobs over the past 17 years.

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5 Ways Your Bankruptcy Can Affect Your Children

12/01/12

You probably don’t think about it, but filing for bankruptcy can have a significant effect on your children.

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The Broke and the Beautiful: Sean Quinn Edition

11/30/12

This week on The Broke and the Beautiful, Kevin Spacey may take on the role of Ireland’s former richest man on the big screen, and Young Buck got some alone time in prison. Also, a famous poster will be auctioned next month.

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