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{ Monthly Archives } December 2009

Happy Holidays from the LexisNexis Bankruptcy Law Center Staff!

Nothing Says Seasons Greetings, like LexisNexis’ Collier Bankruptcy Publications! For a limited time only, you can save 25% on any order over $500 on the LexisNexis Store. Click here for details. Would you believe the Collier Pamphlet

German consumer confidence slips again

FRANKFURT – (AP) A survey released Tuesday showed that consumer confidence in Germany, Europe’s biggest economy, continued to decline amid fears of job losses. The survey from the GfK research group found a third consecutive monthly slip in consumer confidence in the country, even tho Continue reading here: German consumer confidence …

Lloyds agrees to settlement on financial sanctions

WASHINGTON – (AP) The Treasury Department says Lloyds TSB Bank PLC has agreed to a $217 million settlement stemming from claims the bank manipulated money transfers to allow customers to skirt U.S. Excerpt from: Lloyds agrees to settlement on financial sanctions

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New rules to give people heads up on higher rates

WASHINGTON – (AP) Consumers taking out credit cards, home mortgages, auto and other types of loans will be notified when they are offered higher interest rates because of their poor credit histories, under new rules issued Tuesday. Many lenders offer borrowers rates and terms based on View post: New rules to give …

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Citadel Broadcasting files for bankruptcy

Citadel Broadcasting Co., the third-largest radio group in the United States, filed for Chapter 11 bankruptcy Sunday.

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Capital One settles litigation over card disputes

BOSTON – (AP) Capital One Financial Corp. will drop language from credit card contracts that requires customer disputes to be handled through binding arbitration rather than the courts, a spokeswoman for the bank said Thursday. New agreements without the mandatory arbitration claus View original post here: Capital One settles litigation over card …

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Credit card’s newest trick: 79.9 percent interest

NEW YORK – (AP) It’s no mistake. This credit card’s interest rate is 79.9 percent Read more: Credit card’s newest trick: 79.9 percent interest

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McCain backs bills that would split big banks

WASHINGTON – (AP) Two senators, one from each party, called Wednesday for breaking up large financial firms that perform both commercial and investment banking, adding a wrinkle to already difficult talks in the Senate on how to regulate Wall Street. Sens. John McCain, the former Re See the rest here: McCain backs …

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Recent Law School Grad? Open a Bankruptcy Practice!

With the economy still reeling from the financial crisis and unemployment at over 10%, bankruptcy is one area of the law that is not suffering. Sure, the economy will recover eventually, but that does not mean that the need for bankruptcy attorneys will disappear. Some of the rea

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I (Still) Get No Respect

Let’s face it: Twitter, Facebook, and LinkedIn squandered their potential. Instead of becoming knowledge or trade hubs for professionals, including bankruptcy attorneys, they’re essentially virtual singles bars. All 3 of these networks are so choked with ads, scams, and come-on

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