News Topic: CreditSlips

Every month I see stories about the bankruptcy rate moving up and down. The truth is that the U.S. ... Read full article

The inimitable John Lynch emailed to let me know that the call for papers is open for the 2020 Boulder Conference on Consumer Financial Decision Making, to be held from May 17-19, 2020. Much more information, including how to submit an abstract for ... Read full article

The DC suburbs are a case study in NIMBYism. Lots of communities try to limit through-traffic via all sorts of means:  speed bumps, one-way streets, speed cameras, red-light cameras, etc.  The interaction of one of these NIMBYist devices with GPS systems ... Read full article

If you've logged on to any sort of on-line financial account in the past few years, there's a very good chance that you've been asked to consent to receive your periodic statements electronically, rather than on paper. Financial ... Read full article

Welcome to Credit Slips, the rarified world of “self-described bankruptcy nerds.” Today we’re looking at Future Claims—Elizabeth Warren Edition. ... Read full article

The US Trustee should move for the appointment of an examiner in Purdue Pharma's bankruptcy. That's what Jonathan Lipson, Stephen Lubben, and I wrote in a letter to the US Trustee for Region 2 this week . ... Read full article

Mark Weidemaier & Mitu Gulati ... Read full article

Imagine sovereign debt without Argentina -- no Paris Club , no pari passu , no CACs, no SDRM ... even sovereign immunity might look totally different. ... Read full article

The Public Service Loan Forgiveness program has so far rejected roughly 99,000 out of 100,000 student loan borrower applicants. Poor Education Department oversight, poor contract design and implementation, and widespread servicing contractor failures are ... Read full article

Mark Weidemaier and Mitu Gulati ... Read full article

The Department of Education (USED) knew by 2016 that hundreds of thousands of student loan borrowers planning to apply for public loan service forgiveness (PSLF) were headed for rejection as they started applying in late 2017. The Department conducted a ... Read full article

Mark Weidemaier & Mitu Gulati ... Read full article

I hate to admit that I'm beginning to find constitutional law interesting. First, there was the Puerto Rico v. Aurelius case that was argued at the Court a few weeks ago.  And then, a few days ago, I came across Christine Chabot's “Is the ... Read full article

I don't like bullies.  And I just ran into a $3 trillion one.  JPMorgan Chase Bank, armed with six partners at two AmLaw 100 firms (Wilmer Hale and McGuire Woods) took the truly unusual step of filing an objection to an amicus curiae brief I filed in ... Read full article

Five dollars is the contract payment the US Education Department makes to its servicer FedLoan for a borrower's first approved Public Service Loan Forgiveness (PSLF) employment certification. ... Read full article

... Read full article

This post draws considerably from research on Puerto Rico and its current constitutional status with Joseph Blocher (see here ). ... Read full article

Congratulations to Pam Foohey on being named to the American Bankruptcy Institute's 40 Under 40 list for 2019 !  Pam joins Credit Slips own Dalié Jiménez (class of 2018) as an honoree .  ... Read full article