Blog Posts in April, 2010

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  • Financial Reform = No More Derivative Special Treatment in Bankruptcy?
    Financial Reform = No More Derivative Special Treatment in Bankruptcy?

    Thomas Jackson and David Skeel have written an interesting piece in the Wall Street Journal proposing that true financial reform might be as simple as getting rid of the special treatment that ...

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  • Mortgage Servicers Conflict of Interest Result in Few Modifications
    Mortgage Servicers Conflict of Interest Result in Few Modifications

    A study by the National Consumer Law Center examines the conflicting interests of mortgage servicers and finds that servicers have more of an interest in foreclosing on properties than completing loan ...

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  • Bill would limit municipal bankruptcies in California
    Bill would limit municipal bankruptcies in California

    The almost unfettered power that unions possess in California takes one’s breath away. One place that is not the case is in Chapter 9, a.k.a., municipal bankruptcy. In Chapter 9, a city can ...

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  • Senate Considers Allowing Small Businesses to File Chapter 12
    Senate Considers Allowing Small Businesses to File Chapter 12

    The Senate Judiciary Committee held a hearing entitled “Could Bankruptcy Reform Help Preserve Small Business Jobs” on March 17, 2010. The ideas presented at the hearing included a proposal to add a ...

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  • Mr. Fear Quoted in Article on Debt Consolidation/Negotiation
    Mr. Fear Quoted in Article on Debt Consolidation/Negotiation

    I was recently quoted in an article in The Business Journal entitled: Local attorney cautions against debt consolidation. The reporter in this story was trying to do a story setting out the pros and ...

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