ABI Blog Exchange

Is Your Bankruptcy Attorney Ripping You Off?

Are you getting what you paid for when you decided to file bankruptcy? Don’t look now, but your bankruptcy attorney may be robbing you blind. When it comes to filing for bankruptcy, too many of us look at them like a visit to the dentist: it’s

The Stern Files (fourth edition)

The Holidays are here and Stern v. Marshall, No. 10-179, 2011 WL 2472792 (U.S. June 23, 2011) is the gift that just keeps on giving. If you don’t get the gifts you want this holiday season there is a silver lining, more time to read Stern related

The Daily Docket: Dodgers Can Market Broadcast Rights From 2014

A bankruptcy judge Thursday said he would allow the Los Angeles Dodgers to market rights to broadcast their games from 2014 on, over the protest of Fox Sports, the current broadcaster, which said the sale plan threatens to damage its business. Read

Full Text of Jon Corzine's December 8th Prepared Remarks Regarding MF Global

Video: Jon Corzine's Prepared Testimony on MF Global Collapse (Excerpts)

Lies and Denial: the 2012 GOP Strategy

The last 24 hours have witnessed some remarkable historical revisionism on financial regulation coming out of the GOP. First, we had one of the most bizarre and simply untrue attack ads I've ever seen, courtesy of Karl Rove's Crossroads GPS outfit

This-Is-It EU Summit Eupdate

A few quick thoughts as the Make-or-Break, Life-or-Death, Now-or-Never EU Summit gets going. Previews from Merkozy earlier this week got no love, and now that Mr. Draghi has shelved the Big Bazooka idea (HT Hank Paulson), I am not entirely sure what

Federal Reserve to meet: More stimulus coming?

Pundits don't expect action in Tuesday's meeting, despite the threat of a eurozone crisis.

4 trusty new cars with lower ownership costs

It's not what buyers think of when picking a new car, but these models are easy on the wallet.

Which credit cards offer purchase protection?

Unhappy with a recent credit card purchase? Your card benefits may provide some recourse.

7 smart ways to pounce on low interest rates

With the Fed pledging to keep interest rates low, you can save some money on borrowing.

Should you actively trade in your Roth IRA?

Retail investors don't normally trade in a Roth IRA, but if you do, consider these factors.

How to unload a lemon car and not lose money

If you think you own a lemon car, check your state's law to learn your rights.

Year-end tax move: Sell stocks to harvest losses

Taking a loss can pay off at tax filing time, as long as you sell by the end of the tax year.

Avoid FDIC Receivership Lawsuits

The FDIC has authorized suits in connection with more than 30 failed banks against approximately 300 individuals to recoup damages of more than $7 billion. Many more suits are likely to come

Fifth Avenue Filene’s Is Dead on Arrival

Rachel Feintzeig 530 Fifth Ave. in Manhattan was to be the site of a Filene’s Basement/Syms store. In case you were still, misguidedly, holding out hope that a Filene’s Basement/Syms store was making its way to Midtown Manhattan, rest assured that

Confirmed!

Sometime before dawn on September 15, 2008, an attorney clicked a mouse and filed a voluntary petition for relief for Lehman Brothers Holdings Inc. The fallout from that mouse click, and the decisions that led to it, have been chronicled in

MF Global is the Final Nail in the Principal Banking Coffin

Jon Corzine led the trend of large institutions placing more focus on their own accounts that their clients, while heading Goldman Sachs in the 1990s. It's time to find a new model.

Reaffirmation Agreements: What You Don’t Know Can Hurt You

If a debtor is filing Chapter 7 bankruptcy and wants to keep property that has a loan attached to it, they may want to consider a reaffirmation agreement. However, there are a lot of things about reaffirmation agreements that debtor’s either don’t

Facebook Files Discharge Complaint For Debtor's Alleged Unlawful Domain Name TypoSquatting

On December 5, 2011, Facebook, Inc. filed an adversary proceeding in the Northern District of Georgia seeking a determination that a debt arising from alleged "typosquatting" by the debtor should be excepted from the debtor's discharge. The