Bankruptcy Blogs

Church Known for Ministry to Ex-Prostitutes Enters Bankruptcy

07/12/11
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A Las Vegas church that’s tried to redirect some of Sin City’s glitzy brilliance to illuminate one of its darker corners—its robust sex trade—has

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My Final Post: A Recipe for More Effective Consumer Protection in Insurance Regulation

07/12/11

Many thanks to Credit Slips for providing me with the opportunity to discuss some of the key consumer protection issues in insurance regulation.  As I hope I have shown over my short stint here, there is much that needs to be done in this important area, which often receives less attention from academics and the press than consumer protection in credit. 

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The Daily Docket: MLB Says Dodgers Paid Secret Fee to Hedge Fund

07/12/11

Major League Baseball says the hedge fund keeping the Los Angeles Dodgers afloat while in bankruptcy has collected a surreptitious $5.25 million fee that the lender and baseball team’s owner have intentionally withheld from the court. Read the Daily Bankruptcy Review story here.

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Mieszkaniowy kredyt

07/12/11

Hipoteczne banki są instytucjami wyspecjalizowanymi w użyczaniu mieszkaniowych kredytów oraz refinansowaniu tej działalności na rynku kapitałowym za pomocą specjalnych papierów wartościowych, które mają swoje pokrycie w hipotekach zabezpieczających udzielnie pożyczki.

Konkurencyjność banków hipotecznych wychodzi z faktu, że mogą one dostarczać korzystniejsze niż inni pożyczki hipoteczne dodatkowo szybsze i w wyższym stopniu skuteczne procedury kredytowe. Mniejsza cena kredytów mieszkaniowych wykonalna jest ze względu na:

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How the Bankruptcy Means Test Works

07/12/11

How the Bankruptcy Means Test Works More and more consumers these days are becoming familiar with the bankruptcy Means Test and they are calling bankruptcy attorneys asking if they pass the Means Test. The Means Test is a test that you have to pass in order to qualify to file Chapter 7 bankruptcy. Actually, the [...]

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Bank of America's Alarmingly Modest Goal for Basel III Capital

07/11/11

The largest bank holding company by assets in the United States, with operations spanning the globe, is shooting for only 6.75% to 7% of Basel III Tier 1 common equity. Come again?

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Another Return to the 1970s

07/11/11

The Obama Administration is finally goosing HAMP to try to deal with unemployment. Gosh, how long has that taken? The Congressional Oversight Panel was all over the need to do this starting in 2009, but the Administration was so wed to HAMP that it wouldn't listen to a darn thing. 

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Plain Vanilla? A Retro Flavor

07/11/11

The Obama adminstration's CFPB proposal took a lot of flak (and almost cratered) because of the inclusion of the "plain vanilla" provision (from the work of Profs. Michael Barr, Sendhil Mullainathan, and Eldar Shafir), which would have required financial service providers that offered "alternative" products to also offer borrowers "standard" plain vanilla products. The typical example given was that if a lender offered a payment option ARM, it would also have to offer a 30-year fixed rate mortgage.

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Why the Regulatory Push to Protect Account Abusers?

07/11/11

How far will the government's social engineering go? Will banks be required to provide overdraft warning labels on bank statements or twelve-step programs for chronic overdrafters?

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