Bankruptcy Blogs

Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.9

10/29/12

Here's more in the continuing "Year in Review" series.  The inset photo is of the Senator Thad Cochran United States Bankruptcy Court in Aberdeen, Mississippi (pictures and story

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Soured Student Loans Bankrupt Parents, Grandparents

10/29/12

Editor’s note: On Friday, The Wall Street Journal’s Kelly Greene explored the peril student-loan co-signers face when borrowers default. Bankruptcy Beat’s Katy Stech expands on the dilemma faced when the co-signers themselves end up in bankruptcy to try to discharge the debt.

Lenders who extended $132,000 in student loans to Kristina Pietras before she dropped out of the University of Toledo knew she couldn’t afford to pay them back.

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The Daily Docket: First Place Enters Bankruptcy

10/29/12

First Place financial Corp. has filed for bankruptcy protection and is selling the stock of subsidiary First Place Bank, the Youngstown Vindicator reports.

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Hurricane Sandy Shuts Down N.Y., D.C.; UBS Firing 10,000

10/29/12

Receiving Wide Coverage ... A Hard Rain's Gonna Fall: U.S. stock markets are closed today as Hurricane Sandy approaches the Northeast. The financial district in lower Manhattan (including American Banker's office) has been evacuated, the transit system has been shut down and flights are being canceled. Federal offices and the Metro in D.C. are also closed. So if you're in California and someone in New York or Washington doesn't return your call today, don't take it...

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Basel III Liquidity Rules May Kill Short-Term Deposit Market

10/29/12

If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.

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Chapter 7 Second Mortgage Stripping Is Alive and Well

10/29/12

Bankruptcy people have been getting nervous about debtors stripping second mortgages from their homestead properties in Chapter 7 bankruptcy.

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Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.8

10/29/12

Here's more in the continuing "Year in Review" series.  Catching up after the long Jewish holiday season.  The inset photo is of the Garmatz Federal Courthouse (story here), home to the Bankruptcy Court for the District of Maryland in Baltimore, where Bankruptcy Judges Alquist, Derby, Gordon, Rice, and Schneider si

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Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.8

10/29/12

Here's more in the continuing "Year in Review" series.  Catching up after the long Jewish holiday season.  The inset photo is of the Garmatz Federal Courthouse (story here), home to the Bankruptcy Court for the District of Maryland in Baltimore, where Bankruptcy Judges Alquist, Derby, Gordon, Rice, and Schneider si

[more]