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

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Pay half a car payment twice a month?

Making half a car payment can help you save money, but check on dealer limitations first.

The Volcker rule: Why it matters to consumers

The rule would ban banks' proprietary trading, but is it good or bad for banking customers?

11 financial tips to keep in mind for 11-11-11

This date only comes once every century -- here are enough tips to make the most of it.

What Name Should I Use on My Bankruptcy Petition?

You will want to make sure that your creditors will know who exactly who you are when they receive notice of your bankruptcy filing. To that end, If you have been known by any other name at all in the last eight years, you will want to make sure that

Leave Money Market Funds Alone!

The premise behind proposed changes to money market funds is that a subordinated capital and floating net asset values will prevent "runs." Logic and evidence point to the contrary.

After the Bankruptcy is Filed

For some people filing a bankruptcy is a very difficult decision and once they’ve made it and actually filed for bankruptcy and the process is nearing the end they can breathe freely. A Chapter 7 bankruptcy typically goes by much more quickly than a

Syms Shareholders May Get Bankruptcy Committee

Bloomberg Federal bankruptcy monitors are scouting for shareholders willing to serve on an official committee representing equity stakeholders in the bankruptcy liquidation of cut-rate clothiers Filene’s Basement and Syms. The deadline is noon Monday

Are Banks Themselves to Blame for Customer 'Unprofitability'?

The branch model is outdated, and not just because many still use pneumatic tubes at the drive-through lane.

Holiday Party at The Mark for Events

Los Angeles Bankruptcy Forum Financial Lawyers Conference Federal Bar Association LACBA Commercial Law and Bankruptcy Section Central District Consumer Bankruptcy Attorneys Association Beverly Hills Bar Association Bankruptcy Committee invite you to

Tribune Bankruptcy Plan Rejected — Again

In a bankruptcy case that is never ending, the Tribune Co. bankruptcy plan was rejected by U.S. Bankruptcy Judge Kevin J. Carey because of its unfair treatment of certain subordinated claims known as PHONES. In his opinion, Carey approved a

Bring Back That Old-Time Banking Religion

Banks should adhere to high moral standards by discouraging people from going needlessly into debt. The concept of "fly now, pay later" does not promote consumers' financial responsibility.

No “Mulligans” Allowed: Seventh Circuit Refuses to Set Aside Bankruptcy Court’s Order Authorizing the Sale of Debtor’s Golf Course

Sometimes in golf, as in life, one can start over. When a golfer hits a second ball to re-do a wayward shot, the second stroke is usually known as a “mulligan” or a “do-over” and in a friendly game won’t be counted. In In re Golf 255, Inc., mistaking

The Daily Docket: Jefferson County Enters Bankruptcy

Alabama’s Jefferson County filed for Chapter 9 protection Wednesday evening with more than $3 billion in debt, the largest bankruptcy of its kind, The Wall Street Journal reports. As Bloomberg notes, Jefferson County’s bankruptcy might keep already

New Balick Chair at Widener Law School

Many Credit Slips readers will remember Judge Helen S. Balick who presided over the U.S. Bankruptcy Court for the District of Delaware. The Widener School of Law has established a chair in her honor and invites persons to apply to serve as the first

How To Handle Bank Accounts During Bankruptcy

If you’re considering bankruptcy, there are a few things you may need to do with your bank accounts to protect yourself from creditors. Let’s take a look at a few: Close Your Bank Account If you have a delinquent debt account such as a credit card

Issuer Engagement with Institutional Investors - Advice from Donna Anderson at T. Rowe Price

Engagement with shareholders plays an increasingly important role in strengthening issuers’ corporate governance practices. With proxy season around the corner, we turn to Donna Anderson, a vice president of T. Rowe Price Associates, Inc., and global

Issuer Engagement with Institutional Investors - Advice from Donna Anderson at T. Rowe Price

Engagement with shareholders plays an increasingly important role in strengthening issuers’ corporate governance practices. With proxy season around the corner, we turn to Donna Anderson, a vice president of T. Rowe Price Associates, Inc., and global

Evergreen Park Bankruptcy Lawyer On Common Non-Filing Options

Link Trying to negotiate with your creditor. It’s not a bad thing to do if you don’t have a lot of creditors, if you only have a few credit cards, and you don’t mind dealing with the hassle of going to court, being served, going through litigation

Tax Implications of Cancelled Debt

As many Americans continue to struggle financially through this tough economy, a flurry of debt counselors and debt reduction options have flourished and become big business. While many of these companies provide plans to settle your debt for less

Issuer Engagement with Institutional Investors - Advice from Donna Anderson at T. Rowe Price

Engagement with shareholders plays an increasingly important role in strengthening issuers’ corporate governance practices. With proxy season around the corner, we turn to Donna Anderson, a vice president of T. Rowe Price Associates, Inc., and global