The OCC has now released its report on “debanking.” The OCC was unable to identify a single instance in which an individual’s account was closed on account of the individual ...
It’s publication day for my new book, Forgive Us Our Debts: How Black Churches Use Bankruptcy to Survive. If you were to pick up a copy, its back begins, “When American churches face financial ...
The Digital Market Clarity Act is pending in the U.S. Congress. The bill’s primary goal is to integrate digital assets more fully into the financial system. The Senate is scheduled for a cloture vote ...
Late last week, the Seventh Circuit held that a private property tax purchaser holds a secured claim that qualifies as a tax claim under § 511(a). It thus also held that if this secured claim is to be ...
I submitted a comment letter to the Office of the Comptroller of the Currency regarding its proposed rule on interchange fees as non-interest fees and charges and its preemption order thereunder ...
Multi-Color Corporation is not the only pending New Jersey bankruptcy case with something strange going on in the venue department. Eddie Bauer’s venue is very odd too. Eddie Bauer filed for ...
Judge Kaplan in Trenton has issued a significant, but troubling opinion on bankruptcy venue in the Multi-Color Corporation’s Chapter 11 that effectively blesses a blatant forum-shopping method of ...
In order for stablecoins to operate like money, there cannot be any issuer credit risk. Otherwise coins will be discounted based on the financial strength of the issuer. That will cause transactional ...
You hear a bump in the night. Is it Edgar Allan Poe’s Telltale Heart? Or someone hauling away your car? If you have missed some car payments, it probably is the latter. And while most of your ...
The Trump administration has tried to seize the affordability mantle by proposing a move to 50-year mortgages. Unfortunately, the math doesn’t add up: a 50-year mortgage is a pretty bad idea. The ...
My first post on the original Credit Slips was about medical billing and collection; so is this first post on the new Credit Slips. I write to encourage more of you to read Hospitals Suing Patients: ...
The Chinese National People’s Congress yesterday began reviewing a set of major revisions to the 2007 Enterprise Bankruptcy Law. Details on this first major reform effort in nearly 20 years are not ...
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