Bankruptcy Blogs

Financial Stability Board Calls for Effective Consumer Finance Protection

10/28/11
The Financial Stability Board, an international organization operating under the auspices of the G20 countries, this week issued its Report on Consumer Finance Protection. http://www.financialstabilityboard.org/publications/r_111026a.pdf FSB emphasizes the link between international financial stability and consumer protection, particularly in the mortgage markets.
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The Debit Fee Outrage Is Justified

10/28/11

This isn't about Bank of America covering its costs. It's about hanging on to the excessive fees the bank got used to charging retailers. Only now it's the consumer's turn to get gouged.

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Prune Branches, Compete on Account Terms

10/28/11

Face the fact that fewer customers are going to pay to support branch costs when they can do more of their transactions more conveniently in other ways. We're way past the tipping point.

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Is What's Good for MetLife Good for Us All?

10/28/11

One need only think back to the AIG experience to feel nervous about MetLife's intention to deregister as a bank holding company and join the ranks of the "shadow" financial sector.

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Will Bankruptcy Get Rid of My Small Business Debts?

10/28/11

Small Business Debts & Bankruptcy Your business is in trouble and you want to know whether filing personal bankruptcy is necessary or whether you can just walk away without fear of your creditors chasing behind you. First thing first, identify whether you’ve personally guaranteed your business debts or whether your business entity protects you from [...]

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Are Cozy Ties Muzzling S&P on MF Global Downgrade?

10/28/11

Jon Corzine's old ways got his firm into to trouble. Now he's hoping old ties will bail it out.

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In Re Vandenbosch, Social Security And Chapter 13 Bankruptcy

10/28/11

The question of whether a Chapter 13 Debtor must include their social security benefits in the determination of disposable monthly income has been decided in Southwest Florida.  In the past, debtors were required to use their social security to repay creditors claims in their bankruptcy plans.  This was a very unfair practice in my opinion, [...]

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