Bankruptcy Blogs

Heed a Banking Champion's Words on Loan Loss Reserves

05/08/12

How big should banks' loan loss reserves be? George Champion, chairman of Chase Manhattan in the 60s, advised: "at least 5% of total loans."

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Bank Shareholders Unite - in Support of Executive Pay Packages

05/08/12

Bankers received an earful about pay from the public this year. But among the audience that matters most-their own shareholders-the feedback was overwhelmingly positive.

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Doggie DNA Tests: Waste of Money or Legitimate Tool?

05/08/12

Do mutt-lovers (with admittedly too much time and money on their hands) get anything in exchange for the $75-100 they pay to find out what kind of dog they have? It depends. My advice: before ordering a doggie DNA test over the net, do lots of research. Perhaps just have the vet do it.  If you do order a test over the internet, make sure you pick one that tests for the maximum number of breeds and that gets very high marks from consumers, and carefully read the fine print.

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Consumer Scam Review: Lower Your Interest Rate, Lower Your Credit Card Balances, and Work at Home

05/08/12

I have been meaning to write on several consumer scams so here are a few to avoid.

“We Can Lower Your Home Loan Interest Rate” Scams. 

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How Oscar Wilde Can Help You Find the Best Bankruptcy Attorney

05/08/12

Look for value when selecting a bankruptcy attorney If you’re considering bankruptcy as an option for dealing with mounting debt, and are in the process of looking for an attorney, you may want to stop and take a moment to read Oscar Wilde. No, I don’t suggest looking through Wilde’s plays, books and poems as [...]

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How Oscar Wilde Can Help You Find the Best Bankruptcy Attorney

05/08/12

Look for value when selecting a bankruptcy attorney If you’re considering bankruptcy as an option for dealing with mounting debt, and are in the process of looking for an attorney, you may want to stop and take a moment to read Oscar Wilde. No, I don’t suggest looking through Wilde’s plays, books and poems because [...]

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The Daily Docket: Ala. Law Complicates Jefferson County’s Restructuring

05/08/12

Alabama’s constitution makes it nearly impossible for counties to raise taxes without state approval, a situation that has complicated efforts to bring debt-laden Jefferson County out of the largest bankruptcy in municipal history. Read the Daily Bankruptcy Review article here.

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Groom Small Businesses to Be Better Loan Candidates

05/08/12

Small businesses should not have to resort to credit cards or friends and family as a sole source of funding. Here are a few ideas to help close the gap between credit demand and supply.

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Bankruptcy Courtroom Etiquette

05/07/12

Common courtesy and respect are essential life skills.

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Fed Presidents at Milken Convo Reveal Limits of Monetary Policy

05/07/12

Over and over we heard at the Milken Institute Global Conference that there's a "clog in the transmission mechanism" of the economy.

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