Bankruptcy Blogs

Proprietary Trading Puts Banks at Serious Risk

02/20/12

I can name at least four institutions that effectively "went under" and required taxpayer support because of prop trades gone bad.

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The $26 Billion Settlement is More Than Fair to Borrowers

02/20/12

Is the right way to hold banks accountable for servicing errors to require them to disgorge funds to borrowers who themselves may have been equally complicit in the process of helping to create mortgage fraud?

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Who's to Blame for the Crisis? The Consumer

02/20/12

The prevailing political narrative blames banks. But the nostrums being promoted are fairer: they'll actually punish consumers more than banks.

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Chapter 13 Cram Down Of Investment Mortgage Unfair To Unsecured Creditors

02/19/12

Chapter 13 bankruptcy provides debtors the ability to cram down mortgages on their investment property provided that the investment mortgages be paid in full during the Chapter 13 plan. The cramdown opportunity is designed to help the debtors save their investment real estate as part of a reorganization, but the opportunity requires good faith and fairness to other creditors. 

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Buying a Home after Filing for Bankruptcy

02/18/12

That ranch in Montana is calling your name. Or maybe it is that Montana ski chalet.  Unfortunately, if you’ve filed for bankruptcy, property in Montana may see like a distant dream. That light feeling you get after filing bankruptcy is all that stress being lifted from your shoulders and, there is no law against having [...]

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