Bankruptcy Blogs

Change Your Chapter 13 Bankruptcy Payment

02/26/12

Yes, Virginia, you CAN change your Chapter 13 bankruptcy payment  if something changes in your situation.

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Thank You to Philomila Tsoukala

02/26/12

Credit Slips has been fortunate to have my Georgetown colleague Philomila Tsoukala as a guest blogger the past couple weeks. The mainstream US media press coverage of the Greek financial crisis has focused on the dynamic between the Greek government and the EU, but as Philo's posts remind us, there is a complex internal dynamic in Greece, with the Greek population actually having to live with the deals its government keeps making.  Thank you Philo!

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RDC App for Citibank?

02/26/12

Citibank is running commercials featuring the ability to deposit checks remotely via mobile device, a process known as remote deposit capture. Citi isn't the first retail bank to roll out RDC--USAA, for example, has been doing it for a while, but USAA has almost no branches, so checks have to be deposited remotely by their farflung depositor base.

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Wall Street Bankrupts Us With Casino Tools

02/25/12

Casinos would go broke if people acted completely reasonably with money.  Instead, players go bankrupt and the house always wins.  Banks have learned to play the same games.

Banks are gradually turning the consumer financial world into a casino.  I don’t mean just the way they turn every loan into a chip in a huge game of chance like the one that crushed the real estate market last decade.  Although that doesn’t help.

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When An Argument Doesn't Turn Out As Well As Expected

02/25/12

Sometimes a legal argument which seems clever in the abstract can look downright silly when placed in context. That was the case with several arguments rejected by the court in Smith v. Citimortgage, Inc., et al, Adv. No. 11-5136 (Bankr. W.D. Tex. 2/21/12), which can be found here.

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Top 15 Lies About Bankruptcy. Lie #3: If You File for Bankruptcy, You’ll Lose Everything You Have

02/25/12

Top 15 Lies About Bankruptcy

Lie #3: If You File for Bankruptcy, You’ll Lose Everything You Have.

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To Rescue Housing Cast a Wide Net

02/24/12

What's needed are some approaches from outside the industry or government. I'd rather hear Stephen Hawking's views on housing than Shaun Donovan's or Tim Geithner's

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