ABI Blog Exchange

2015-08-24
A judge upheld a multimillion-dollar judgment against Renco Group and leader Ira Rennert, Daily Bankruptcy Review reports via

Read More from: WSJ.com: Bankruptcy Beat

2015-08-23
In the Boomerang Systems, Inc. bankruptcy proceeding (Delaware Bankruptcy Case No. 15-11729), a formation meeting has been scheduled for Thursday, August 27, 2015 at 10:00 a.m. (ET) at the J.
2015-08-22
Puerto Rico is asking the U.S.

Read More from: Credit Slips

2015-08-21
Rapper 50 Cent exited a New York courthouse last month after testifying in a sex tape lawsuit.

Read More from: WSJ.com: Bankruptcy Beat

2015-08-21
Payments made by a debtor within 90 days of a bankruptcy petition are generally avoidable as preferences under section 547 of the Bankruptcy Code.  Many exceptions and defenses exist, however, to ensure that creditors are not discouraged from conduct
2015-08-21
Prepaid cards appeal to a growing percentage of the population like millennials and other 21st century consumers who want to manage their money without being tied down to bank locations.

Read More from: BankThink

2015-08-21
The federal government reached a settlement with Altegrity Inc.

Read More from: WSJ.com: Bankruptcy Beat

2015-08-20
Poorly paid tellers get a boost from Amalgamated Bank; Nasdaq might be getting a female CEO; parent-friendly business trips as a new PE recruitment tool, and Fidelity's Kathleen Murphy on the benefits of mentoring.

Read More from: BankThink

2015-08-20
Some time ago you filed a bankruptcy and received a discharge.  You owned a home at the time your bankruptcy was filed and have continued paying on the mortgage.  Now you are trying to a refinance of your mortgage but are told that “because you did n
2015-08-20
In this excerpt from Legal Action, Attorney David M. Siegel talks about the creation of the automatic stay in bankruptcy.  Some debts are eliminated whereas others are not.  It all depends upon the type of debt and the type of bankruptcy.
2015-08-20
There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

Read More from: BankThink

2015-08-20
There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

Read More from: BankThink

2015-08-20
Before it dissolves in late September, a bipartisan House task force should take a broader look at de-risking, changing technologies, cybersecurity and the private sector's role in deterring terrorism financing.

Read More from: BankThink

2015-08-20
The judge in MF Global’s bankruptcy set the stage for a nearly full recovery for creditors, Daily Bankruptcy Review

Read More from: WSJ.com: Bankruptcy Beat

2015-08-19
Regulated by multiple agencies, marketplace lenders reduce the financial system's leverage, provide greater financial transparency and ultimately deliver a better product to consumers and investors.

Read More from: BankThink