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29 Nov 2018, 11:58 am by Wolfgang Demino
Nov. 20, 2018) (reversing summary judgment for Trust and remanding for fact determination regarding TERI's guaranty of private student loan and its significance to the loan's dischargeability).TERI apparently did not "fund" educational loan program after all by being involved in origination of private student loans and providing loan guarantee [for a fee added to the loan balance] so as to make such loans non-dischargeable when students later filed for bankruptcy. [read post]
12 Nov 2018, 5:00 am
It is an opportunity for the parties to ensure that they are in basic agreement with the loan amount, repayment terms, interest rate, collateral, guaranty requirements, and fundamental representations and covenants. [read post]
11 Nov 2018, 4:03 pm by Wolfgang Demino
If they never made any payments on their respective loans, Foster and Mock were in effect net beneficiaries of the predatory loans (at least as long as the Trusts do not garnish their bank accounts, if any, judgments secured). [read post]
6 Sep 2018, 12:52 pm by ccollins
Banco Popular is one of a number of Puerto Rican banks, including the Government Development Bank for Puerto Rico, UBS Financial Services of Puerto Rico (UBS) and Banco Santander Puerto Rico (SAN) that made millions of dollars in fees for advising investors to get involved in the island’s securities. [read post]
3 Sep 2018, 6:00 am
These loans have no government involvement but are offered by banks or other private institutions. [read post]
29 Aug 2018, 11:37 am by Rachel Coxwell
The Higher Education Act authorizes the Department of Education’s guaranty agencies to garnish up to 10% of disposable earnings to repay defaulted federal student loans. [read post]
12 Jun 2018, 8:51 am by Andrée Blais
Certain maturities of the bonds have the benefit of bond insurance provided by Assured Guaranty Municipal Corp. [read post]
1 Jun 2018, 12:45 pm by Joe Virene
”  A personal guaranty might mitigate this risk by providing an additional target, but guarantees are often difficult to obtain. [read post]
8 Mar 2018, 4:00 am by Pulat Yunusov
No bank to give your money back, no escrow to hold your money until you’re sure what you’re doing, no intermediary to blame. [read post]
1 Feb 2018, 5:55 pm by Kevin LaCroix
In the following guest post, Boris Feldman of the Wilson Sonsini law firm takes a look at important current developments in California shareholder litigation. [read post]
12 Jan 2018, 9:03 pm by Kevin O'Keefe
They cannot lend on collateral or a guaranty alone. [read post]
9 Jan 2018, 7:56 am by Heather S. Klein
The District of Columbia Department of Insurance, Securities and Banking (DISB) has announced a change to the way it calculates a controversial annual assessment fee on student loan servicer licensees. [read post]
13 Dec 2017, 8:55 am by John Buhl
Benevolent Credits (four-year cycle) Affordable Housing Tax Credit Contributions to Domestic Violence Victims Shelter Tax Credit Disabled Access Tax Credit Development Disability Care Provider Tax Credit Family Development Account Tax Credit Missouri Health Care Access Fund Donation Tax Credit Residential Treatment Agency Tax Credit Senior Citizens Property Tax Relief Tax Credit Shared Care Tax Credit Special Needs Adoption Tax Credit Youth Opportunities and Violence Prevention Tax Credit Economic… [read post]