ABI Blog Exchange

Bankruptcy Alphabet: Z is for Zillion

In my bankruptcy alphabet, Z is for zillion. Zillion is a real word but a made-up number. For certain, it’s lots and lots. It takes a zillion pieces of information, it seems, to file a bankruptcy case. Your last six months of income, business

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Who are banking's longest-tenured CEOs?

Senate Banking head blasts Super Bowl crypto ads for lack of transparency

Dort Financial Credit Union in Michigan names new CEO

Discover to let consumers pay retailers directly from bank accounts

CFPB issues warning on use of prepaid cards to pay government benefits

Votes on Fed nominees delayed over GOP objections to Raskin

Citi's Jane Fraser, first female CEO of a major U.S. bank, gets $22.5 million for 2021

Coinbase eyes challenge to Western Union with crypto remittances

How MoneyGram can become a stronger digital competitor by going private

Short Sale vs Foreclosure in NJ: What Is the Difference?

In an increasingly unstable housing market, many homeowners are faced with a tough decision: whether to sell their home for less than what they owe on it or risk foreclosure. There are two options that you can pursue when choosing between these two

Partisan divide over stablecoins widens

Lien Avoidance In Bankruptcy: The Questions You Need To Answer

Black letter law says liens pass through bankruptcy unchanged. But the better statement adds a single word: unless. Liens survive bankruptcy intact unless….unless you take some action to void them. One tool to void liens lives in §522(f). Its

Lenders Can’t Hide From Misapplication of Mortgage Payments

Who knew 20 years ago how apparently hard it is to account for money paid to you? Even if accounting for money was your business? Today’s raft of mortgage accounting issues were not ones I foresaw when I became a bankruptcy lawyer. Yet every day we

Republicans discuss Fed confirmation blockade over Sarah Bloom Raskin

Mastercard is going on a hiring spree after starting a crypto consulting arm

MoneyGram to be bought by Madison Dearborn for about $1 billion

Foreign Debtors and Chapter 11 – Seeking Relief from Turbulent Skies

Foreign companies seeking to protect their overseas assets from their creditors have often turned to the United States for immediate relief under Chapter 11 of the Bankruptcy Code. Establishing jurisdiction in the US for purposes of a bankruptcy

Judges Mediating Other Judges’ Cases: A Report (Harder/Sunwest)

By: Donald L Swanson Here’s a first of its kind: a report about federal judges mediating other judges’ cases. It’s a January 22, 2022, report titled, Other Judges’ Cases, authored by Melissa B. Jacoby, Professor of Law, University of North Carolina