Bankruptcy Blogs

Top 15 Lies About Bankruptcy. Lie #7: Both Spouses Need to File

06/16/12

Lie 7: If You’re Married, Both You and Your Spouse Have to File for Bankruptcy.
(Variant: If I File for Bankruptcy, My Spouse’s Credit Will Also Be Affected) 

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Who Really Wins When Government Controls Prices?

06/15/12

Home Depot told shareholders that interchange price controls would add "$35 million a year" to the company's bottom line. Why should consumers now believe the company has chosen not to keep these newfound gains for itself?

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Should we just put an * by our Foreclosure Era?

06/15/12

Baseball had the “Steroid Era,” and the law has its “Foreclosure Era.”  The two phenomenons are so similar, but the latter has shaken our confidence in our  system of justice.

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The Broke and the Beautiful: Irish Boy Band Edition

06/15/12

This week on The Broke and the Beautiful, Westlife singer Shane Filan is crooning the bankruptcy blues, and Stephen Baldwin lost a lawsuit against fellow actor Kevin Costner. Also, Curt Schilling was sued personally for $2.4 million over a loan from Citizens Bank to his failed videogame company.

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GM and Chrysler, Yet Again

06/15/12

A quick note about yesterday's editorial from Sherk and Zywicki. I'm loath to wade in yet again on this issue, as I doubt there would be any interest in these old bankruptcy cases if there were not an election looming.

But the Sherk and Zywicki argument is stated quite clearly, and merits comment:

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Should Banks Disclose the Fees They Don't Charge?

06/15/12

If a bank doesn't disclose what it's not charging, someone might assume it is charging that fee without disclosing. Pew Charitable Trusts made that assumption, and says consumers could too.

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The Daily Docket: MF Global Trustee Strikes Deal With CME

06/15/12

The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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