Skip to main content
Help Center
banner

ABI Blog Exchange

article-exchange

Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

Read Article

Can Creditors Continue to Contact Me After My Bankruptcy Has Been Discharged?

Once your bankruptcy filing has been completed and debt has been discharged, you would think you no longer owe on the debt and you can move forward with a clean slate. Unfortunately, some debt collectors think otherwise and want to continue their

It's Cheaper to Build than Buy a Mortgage Warehouse Lender

To absorb a large warehouse operation would require purchasing the whole bank, not just the warehouse business.

Get Rid of Outdated Tasks That Waste Bankers' Time

Bank managers are far more willing to add things requiring their teams' time and attention than to ever eliminate entrenched practices of dubious value.

Bankruptcy of Ireland’s Richest Man Heats Up

A few weeks ago, Sean Quinn, once the richest man in Ireland, filed for bankruptcy protection. But according to sources, his bankruptcy filing has not gone the way he imagined it. First, Quinn (who made billions in construction and real estate

Does Bankruptcy Stop Collection Attempts from the IRS?

It seems like everyone has an opinion about Chapter 7 bankruptcy – and they’re all too willing to share it with you. From gut-wrenching assertions that you’ll lose your house to fear-inducing statements about the black mark it will leave on your

“Preferring” Taxes in a Bankruptcy: Attacking Payments of Income Tax as a Fraudulent Preference

NORTH OF THE BORDER UPDATE This article has been contributed to the blog by Steven Golick and Martino Calvaruso. Steven Golick is a partner in the insolvency and restructuring group of Osler, Hoskin & Harcourt LLP, and Martino Calvaruso is an

The Daily Docket: Lehman Debt Fuels Bankruptcy Claims Trading

The lion’s share of the $36 billion in bankruptcy claims that traded hands in 2011 was debt held by creditors of Lehman Brothers Holdings Inc., the Daily Bankruptcy Review says. After admitting its guilt in a conspiracy that inflated the cost of

Your Bankruptcy Lawyer And You – The Interview

As a Consumer Bankruptcy Lawyer who regularly meets with individuals about their financial issues, I always treat the initial interview as if I am applying for a job. Yes, that is correct. The Client is actually hiring the bankruptcy lawyer, so why


Mark Your Calendar for West LegalEd'sTrilogy of Worthy Webinars on Distressed Business Alternatives

West Legal Education Center, in conjunction with Buyouts Magazine, peHub, Venture Capital Journal, Thomson Reuters West, and DailyDAC, deliver a webinar trilogy -- The Restructuring, Insolvency & Distressed Investing For 2012 -- featuring some of

Pressuring Iran Through Banks Could Have Dire Consequences

Under a recently-enacted law, Obama is to reduce Iranian oil revenue by punishing banks that make payments to Iran's central bank. This use of the payments system raises fundamental issues.

Our thoughts about “industry news” (We generally don’t care)

We have received a great number of requests from industry players in the last month or so, asking that we post news of recent egnagement, closed deals, the hiring of new people, and other items that firms want to push out with press releases. While

Television Station Operator, International Media Group, Files Petitions for Bankruptcy in Delaware

Introduction Earlier this month, International Media Group and various of its affiliates (the "Debtors"), filed chapter 11 petitions for bankruptcy in the United States Bankruptcy Court for the District of Delaware. Debtors' Chief Restructuring

Who pays dad's credit card debts when he dies?

Before your father passes away, make sure to know his financial situation to avoid distress.

Car loans coast down low-rate lane during 2012

Financing won't stop you from buying a car in 2012. Find out why car loans rates aren't rising.

Should I switch to biweekly mortgage payments?

There's no magic to a biweekly home loan. Consider other ways to reduce your mortgage.

2012 mortgage rate forecast: remaining low

You'll like the 2012 mortgage rate forecast. Well, except for the higher fees. We explain.

Where are credit card rates headed in 2012?

Will it cost more to borrow on credit cards this year? Find out how rates are likely to behave.

Credit card rates to wallow after Fed action

Beg for better rates on credit cards; it won't help. The Fed's money plans will keep them low.

The Fed's action drives down rates on car loans

Low R-I-D-E-R: Great interest rates on auto loans will give car buyers a sweet ride into 2014.

Borrowers' delight: consumer loan rates to stay low

The Fed extended "easy-money" into 2014 -- a move beloved by some, loathed by others.