ABI Blog Exchange

How to Choose the Right Bankruptcy for Your Specific Situation

One of the largest differences between Chapter 7 and Chapter 13 protections is that, with Chapter 7, most of your debts are discharged. Under Chapter 13, you get to live in the same way you’ve become accustomed to (for example, keeping your house and

6 takeaways from banks’ 1Q results

Bankruptcy, Explained by John Oliver

There is so much mis-information about bankruptcy and how it works, or does not work. Know your options before making any decision to file or not to file bankruptcy or participate in a “debt workout scheme”. Below is a YouTube video presented by John

A Campaign to Opt-Out

Following-up on my prior post, let’s talk more about what’s at stake in this little legislative kerfuffle in the Hawkeye state, as well as how consumer advocates should seize on this moment in a different way. First, repealing this 521 provision in

Behind on car loan?

Are you looking over your shoulder for the repo man every time you park your car? You’re not alone. Delinquent car loans are on the rise: almost 1 in 20 vehicle loans are in default. If you’re in that group of Americans struggling to pay for your

Can You Spot The Signs Of A Collection Scam

It’s pretty scary when a $300 payday loan turns into an investigation by the Federal Crimes Bureau. Not only was the recipient of the collection letter below being “investigated for crimes”, his Social Security number would be suspended, and a court

CoastalSouth in S.C. to buy Cornerstone Bancshares in Atlanta

Regions eyes bigger role in financing renewables

Crypto firm Paxos receives OCC approval to form national trust bank

Delay in naming OCC leader could hurt Democrats’ agenda

New law opens Washington credit unions to unlimited public deposits

Adherence to Islamic law is this challenger bank's selling point

Clark County Credit Union joins $1 billion-asset club

Credit union tax exemption actually benefits taxpayers

First Bancorp of Taylorville to enter new markets with Mackinaw Valley deal

Citi retail units seen fetching $6 billion as sales kick off

Goldman restocks consumer banking team; Ray McGuire’s big bonus

Will credit unions find NCUA membership rule worth the trouble?

Simmons First in Arkansas names new president, CFO

Abolish the OCC?

I've been saying for quite a while that the OCC is a "problem agency" that is seriously in need of reform. An article in Politico today underscores the problem. The OCC—under a civil servant acting Comptroller—has begun an active lobbying campaign to