Bankruptcy Blogs

How to Use Chapter 13 to get Your Repossessed Car Back

10/04/11

There can be no more sickening feeling than to discover that your car or truck has been repossessed.   In Georgia, where I practice, self-help repossession by vehicle lenders can occur quickly and with no prior notice.   Specifically, in Georgia,  lenders do not need to file any paperwork in court, nor do they need any permission [...]

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Knee-Jerk Reactions to Debit Rule Will Drive Customers Away

10/04/11

When the profits and losses of the debit card unit suffer as regulation clips revenues, the banks increase fees, discouraging debit card usage. Any pretense to customer focus goes out the window.

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Obama's B of A Attack Will Rebound on CFPB

10/04/11

In hinting that the consumer bureau should look at B of A's $5 debit card fee, Obama has solidified bankers' worst fears about the CFPB.

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Why Banking M&A Is for the Brave and the Bold

10/04/11

Word that a banking pool had returned its money to investors prompted our assistant managing editor to take a second look at the state of banking. The answers are discomforting.

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Don't Let Bank-Bashers Hurt Your Team's Morale

10/04/11

Frontline employees and branch managers I've spoken to seem genuinely surprised and sometimes downright emotional to hear someone defending who they are and what they do.

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OCC Servicing Settlement--Will Homeowners Get Screwed (Again)?

10/04/11

The WSJ reports on the latest development in the implementation of the OCC's mortgage servicing fraud consent orders.  It seems that the banks will have OCC approved "independent" foreclosure review consultants (chosen and paid by the banks) review foreclosure files from 2009-2010 and pay homeowners damages if there are any problems found.  

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