ABI Blog Exchange

How buy now/pay later loans are renovating the home improvement market

Chapter 7 & Chapter 13 Bankruptcy: Three Fears That Keep People from Filing

There is often a lot of emotion attached to how and when we spend money. For instance, we spend when we are happy and often also indulge in retail therapy when we are bored or sad. While mismanagement of money is sometimes the reason for our

5 ways challenger banks add value beyond digital banking

The five largest bank M&A deals that were called off in 2022

Third Circuit Rules That Pre-Bankruptcy Termination of A Purchase Option is Not an Avoidable Fraudulent Transfer

By Jeffrey C Toole December 29, 2022 Section 548(a) of the Bankruptcy Code empowers a trustee or a chapter 11 debtor-in-possession to set aside “transfers” occurring within two years before … The post Third Circuit Rules That Pre-Bankruptcy

Credit union's 'income passport' helps 1099 workers apply for credit

Goldman CEO Solomon says job cuts are coming next month

BofA capital markets co-chief Bilgi Zapparoli sees end to easy money

JPMorgan to extend Ukrainian refugee program into 2023

Mortgage rates rise for first time in nearly two months

Biden's up-and-down year for regulatory appointments

The year in investment banking: 2022

Credit-quality pitfalls that bankers should watch in 2023

2022: The year Custodia took on the Fed

Adyen's strategy for B2B lending: Stay behind the scenes

Michigan Unemployment Debt Mess

Debt from overpayments on unemployment, owed by the consumer who was overpaid, is generally NOT dischargeable in bankruptcy. The federal government, as part of its piece by piece knee jerk Covid response, shoveled more unemployment money to the

Crypto trader's fraud charges show DeFi isn't outside the law

Cheat Sheet For Passing Bankruptcy Means Test

The bankruptcy means test has a fatal weakness in its attempt to keep people out of bankruptcy. Like so much recently, it’s health care. It’s health care, in the future, to be paid before your creditors get any money in your bankruptcy. It works

ABC Details In Illinois: Under Common Law Of Trusts

By: Donald L Swanson Assignments for benefit of creditors (“ABC”) are rarely used in these United States. That’s for two reasons: (i) some states have no ABC statute and do not recognize the common law of ABCs, and (ii) other states have onerous ABC

A year in diversity: Credit union leaders fight for change