Bankruptcy Reform

8 Ways The Government Is Grappling With Student Loans

The Huffington Post | Tyler Kingkade | Posted 03.30.2012

Read More: Richard Cordray, Federal Student Loans, Student Debt, Ryan Budget, Dick Durbin, Bankruptcy Reform, John Kline, Student Loans, House Education and Workforce Committee, House Education Committee, Richard Durbin, Student Loan Rates, Consumer Financial Protection Bureau, Senate Education, Tim Bishop, Slidepollajax, Pell Grants, Virginia Foxx, Paul Ryan, College News

Sen. Dick Durbin (D-Ill.) thinks Congress should change the law to allow borrowers to have their debt from private student loans wiped clean when fili...

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Zach Carter

New York Fed Economists: Bush-Era Bankruptcy Law Fueled Over 200,000 Foreclosures

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Foreclosures, Elizabeth Warren, Bankruptcy, Bush, Clinton, George W. Bush, 2005 Bankruptcy Law, Bankruptcy Reform, Federal Reserve, Obama, Credit Cards, New York Fed, The Fed, Biden, Wall Street, Cfpb, Banks, Forclosure Crisis, Politics News

WASHINGTON -- Economists at the New York Federal Reserve have concluded that a controversial 2005 law backed by banks and credit card companies pushed...

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Ryan Grim

Cramdown Is Back: Banks Against Homeowners, Round 2

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Barney Frank, Dick Durbin, Bankruptcy Reform, Banks, Harry Reid, Henry Paulson, Homeowners, Cramdown, Politics News

Cramdown is back. House Financial Services Committee Chairman Barney Frank (D-Mass.) tells the Huffington Post he plans to revive the effort to give...

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Jeff Muskus

Administration Belatedly Pushing Banks To Slow Foreclosures

HuffingtonPost.com | Jeff Muskus | Posted 05.25.2011

Read More: Bankruptcy Reform, Banks, Bankruptcy Bill, Mortgage Modification, Cramdown, Home Foreclosures, Business News

Months too late, the Obama administration is pushing the finance industry for further action to stem the vast tide of home foreclosures. The administ...

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Ryan Grim

Dick Durbin: Banks "Frankly Own The Place"

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Dick Durbin Bankruptcy Reform, Dick Durbin, Bankruptcy Bill, Bankruptcy Reform, Dick Durbin Banks, Durbin Banks Senate, Durbin Banks Own Senate, Durbin Banks, Transparency, Politics News

Sen. Dick Durbin (D-Ill.) has been battling the banks the last few weeks in an effort to get 60 votes lined up for bankruptcy reform. He's losing. O...

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Ryan Grim

Dodd: White House "Ambivalent" About Bankruptcy Reform

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Chris Dodd Nankruptcy Reform, Economic Crisis, Economy, Bankruptcy Reform, Financial Crisis, Obama Administration, Chris Dodd, Recession, Politics News

Bankruptcy reform isn't officially dead in the Senate yet, but the post-mortem analysis has already begun. Sen. Chris Dodd (D-Conn.) said on Wednesd...

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Ryan Grim

Bankruptcy Bill Watered Down, Still Fiercely Opposed By Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Bankruptcy Reform, Durbin Bankruptcy, Bankruptcy Bill, Compromise Bankruptcy Bill, Politics News

After weeks of negotiations between Senate Democrats and major players in the financial industry, a compromise bankruptcy reform deal has been reached...

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Ryan Grim

Banks' Fifteen-Year Winning Streak Snapped: House Passes Mortgage Relief Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: House Democrats, Bankruptcy, Bankruptcy Reform, Cramdown, Barney Frank, Politics News

The House on Thursday passed bankruptcy reform legislation that dealt the banking industry its first major defeat since 1994. The bill, passed 234-191...

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