Bankruptcy Blogs

Shouldn't it be a given that an agency staffed with green examiners and tasked with enforcing new rules will communicate with banks before slapping them with regulatory orders?

The federal government could avoid many unnecessary bank failures by making targeted preferred equity investments in community banks with a Camels 3 rating.

United States Bankruptcy Court - Central District of California Edward R. Roybal Federal Building and Courthouse Download Bason_Procedures

"General Maritime Corp., the second- largest U.S. owner of oil tankers, filed for bankruptcy protection from creditors after falling oil demand and a surplus of ships led to two years of losses. The New York-based company listed assets of $1.71...

Credit card debt is frequently discharged in bankruptcy.  Taxes can be paid with a credit card.  State and Federal governments accept and even encourage such payment.  However, a credit card debt incurred to pay tax is probably not dischargeable.  There are at least two important reasons why credit card convenience may result in non-dischargeable debt. [...]