ABI Blog Exchange

Ford CEO: Business Affected By Debt Ceiling Fight

Borrowing Costs Surge in EU

Capital Spigot for Small Banks Is Too Tight

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

Berwyn Bankruptcy Lawyer Case Study For Miss Wang

Link This is the case study of Miss Wang. Miss Wang lives in Berwyn, Illinois. She has not filed for bankruptcy before. She has a single-family home worth $120,000.00 and a mortgage with an outstanding balance of $75,000.00, and she wants to keep the

Plainfield Bankruptcy Attorney’s Case Study

Link This is the case of Warren. Warren lives on Tall Oaks Drive in Plainfield, Illinois. That’s Will County, Illinois. She has not filed a bankruptcy in the past. She is married to Mr. Warren, who is also here. They have a single-family home worth

OCC Gets It Wrong on Preemption, Again

The agency's final rule contains glaring legal errors and whitewashes the role preemption played in enabling the lending excesses that precipitated the crisis.

Spotlight on Shareholder Proposals: Independent Chairs

As of July 2010, 43% of S&P 500 companies have separate CEO and chairman positions, but only about half of those companies have an independent chair. The debate about the value of having an independent chair continues, including through shareholder

Spotlight on Shareholder Proposals: Independent Chairs

As of July 2010, 43% of S&P 500 companies have separate CEO and chairman positions, but only about half of those companies have an independent chair. The debate about the value of having an independent chair continues, including through shareholder

What is a Secured Debt?

In Colorado, a debt is “secured” if you stand to lose a specific piece of property if you stop paying the bill. Secured debt is secured by “collateral,” which is the property you pledged to give up by signing your loan papers. Once you receive your

Giordano’s Trustee Accuses Franchise Owners of Conspiracy

Melanie Cohen The bankruptcy trustee in charge of troubled Chicago pizza chain Giordano’s is suing most of the restaurant’s franchise owners, accusing them of conspiring to block the company’s sale to outside buyers. Nearly all of the company’s 35

Fifth Circuit Trusts (Chapter 7) Trustee's Interpretation of Trust

In an interesting ruling that has more to do with trust law than bankruptcy, the Fifth Circuit has ruled that a bankruptcy court incorrectly held that a trust was not property of the estate. Roberts v. McConnell, No. 10-50462 (5th Cir. 6/15/11). You

Post-Bankruptcy Survival: Will CFPB Improve Credit Report Accuracy?

The newly formed Consumer Financial Protection Bureau’s (CFPB) oversight obligations will include the big three credit reporting Equifax, Experian and Trans Union. But it’s still not clear exactly what type of powers they will have over these

Dodgers Owner Strikes Out Again In Bankruptcy Battle

U.S. Bankruptcy Judge Kevin Gross rejected the $150 million debtor-in-possession financing deal offered by Highbridge Capital Management and supported by the Dodgers’ owner Frank McCourt. Gross found that the terms offered by MLB were superior to

How Should Debtors Handle Repossessions When Considering Bankruptcy?

If you’re behind on your car payments you have probably considered filing bankruptcy. The only problem is that if your car is repossessed and sold at auction before you file your bankruptcy, there is no way of getting it back. So what should a debtor

Military Heroes Deserve Better from the Mortgage Industry

If banks can track borrowers' interest rates and terms, how hard can it be for them to track which borrowers are serving in the military?

The Importance of Credit Counseling – Congress Are You Listening?

As I write this blog, there is still no deal on the Debt Ceiling. Quite frankly, I was trying to understand exactly how our Government’s accounting system works, and I will say that I am absolutely unable to understand how running a deficit each year

Spotlight on Shareholder Proposals: Independent Chairs

As of July 2010, 43% of S&P 500 companies have separate CEO and chairman positions, but only about half of those companies have an independent chair. The debate about the value of having an independent chair continues, including through shareholder

Spotlight on Shareholder Proposals: Independent Chairs

As of July 2010, 43% of S&P 500 companies have separate CEO and chairman positions, but only about half of those companies have an independent chair. The debate about the value of having an independent chair continues, including through shareholder

So This Is Why Judges Bother to Write Dissenting Opinions -- Seventh Circuit Decision on Credit Bidding Vindicates Judge Ambro's Philadelphia Newspapers Dissent

Critics of last year's decision on credit bidding by the Third Circuit Court of Appeals in the Philadelphia Newspapers chapter 11 case welcomed the Seventh Circuit's recent unanimous opinion in River Road Hotel Partners LLC. The Seventh Circuit

Aurora Bankruptcy Attorney And The Means Test

Link One of the largest changes in the 2005 revisions to the bankruptcy code is the infamous “means test.” The means test determines Chapter 7 eligibility and Chapter 13 repayment through a mechanical, mathematical approach based on the debtor’s