Bankruptcy Blogs

Bankruptcy is the Ultimate Protection from Florida’s Corrupt Foreclosure System

10/15/12

For Floridians, Federal Bankruptcy Court is proving to be a far superior avenue for actually saving homes than our state court judicial system.

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The Daily Docket: Midland Says It Didn’t ‘Bully’ Resorts Into Sale

10/15/12

The fight to bring four marquee U.S. hotels out of bankruptcy is turning increasingly nasty, with a hedge fund accusing the company that oversees their mortgage debt of “bullying” management into accepting a $1.5 billion offer from Singapore’s sovereign wealth fund. Read the Daily Bankruptcy Review article here.

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Housing Said to Be on Mend, But Boom-Era Liabilities Fester

10/15/12

Breaking News This Morning ...

Earnings: Citigroup Receiving Wide Coverage ...

Housing Recovery: The refinancing surge and executives' upbeat comments about the housing market were prominently featured in coverage of the JPMorgan and Wells Fargo third-quarter reports. "J.P. Morgan and Wells Fargo: Housing on Mend" was the Journal's headline; "Dimon says US housing has turned corner" was the FT's. Another Journal story says families who lost their homes to foreclosure early in the housing crisis are buying again,...

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Hoenig and Haldane Are Right About Basel III

10/15/12

The complexity of Basel III is irrelevant to 90% of U.S. banks and should not be imposed on them. If rejecting the rules altogether is not considered politically feasible, a sensible alternative would be to simply exempt all community banks from its requirements.

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Needle in a Haystack?

10/13/12

Following my post regarding PayPal's new opt-out arbitration provision, I talked to many individuals who could not find the directions for how they can opt out (hence "needle in a haystack").  Here they are:

"Opt-Out Procedure.

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Alternatives to Bankruptcy: Debt Settlement-Is It Feasible?

10/12/12

As I stated in my prior post, another way that you can deal with your debts is to attempt to settle your debts with your creditors.  You can do this yourself or through any of numerous “debt settlement” agencies that typically populate television and the internet.  Is a “debt settlement” a feasible alternative to bankruptcy?

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Read This

10/12/12

An important post about the great industry bugaboo – "regulatory uncertainty" – and the issue of "qualified mortgages," which, as Adam has noted, has become something of a political football.

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The Broke and the Beautiful: Rich Dad, Poor Dad Edition

10/12/12

This week on The Broke and the Beautiful, we’re betting financial self-help guru Robert Kiyosaki isn’t feeling so rich. Also, testimony from Nevin Shapiro’s right-hand man is stirring the pot for the Miami Hurricanes.

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