Law-firm Loans Show Cracks

In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring for some. An industry that has historically been perceived as a low credit risk, attractive to banks, is starting to see cracks in that facade.

Topics:  cracks   
ASK NEWS:
  • Peters and Associates, LLP announces that FHA/VA Principal ... - Yahoo! Finance
    Peters and Associates, LLP announces that FHA/VA Principal ... - Minyanville
    11/20/2014 - 8:16 am | View Link
  • Peters and Associates, LLP announces that FHA/VA Principal... - San Francisco Chronicle
    Unfortunately, FHA and VA loans were ... this new program lets us show those ... was recently recognized as the “Fasted Growing Law Firm in ...
    11/20/2014 - 5:06 am | View Link
  • HECM Non-Borrowing Spouses Renew Class Certification Attempts - National Mortgage News
    ... the Washington, D.C.-based AARP Foundation and law firm Mehri & Skalet ... of interest on the loans, according ... While other court filings ...
    11/17/2014 - 2:05 pm | View Link
  • As Federal Reserve Asks CIT Group About Notifying GSEs on OneWest, ... - Inner City Press
    ... convertible instruments, and show all ... to constitute a protest."   BB&T through law firm Wachtell, Lipton ... “the percentage of ...
    11/17/2014 - 5:05 am | View Link
  • PRESS DIGEST - Yahoo! Finance
    ... as the bank's soured loans have ... the company is looking to show that ... voted to hire the majority of partners at Boston law firm Bingham ...
    11/16/2014 - 1:20 pm | View Link
  • More
YAHOO NEWS:
  • Auditor candidate didn't report income, loans, Franklin County GOP says
    Franklin County Republicans have filed a complaint, saying the Democratic candidate for county auditor failed to report some income and loans on election forms more than five years ago.
    10/28/2014 - 9:31 pm | View Link
  • European Stress Test Unlikely to Catalyze Mergers Among German Banks
    The European Central Bank's health checks on euro-area lenders may provide a short-term boost for Deutsche Bank AG and Commerzbank AG. They may also remove an immediate incentive for Germany to consolidate its patchwork of co-operative and local savings banks. The only one of 24 German banks scrutinized in the ECB's asset quality review and stress test to fail -- Muenchener Hypothekenbank eG ...
    10/26/2014 - 7:01 pm | View Link
  • ECB Test Seen Failing to Give German Banks Spur to Merge
    The European Central Bank’s health checks on euro-area lenders may provide a short-term boost for Deutsche Bank AG and Commerzbank AG. They may also remove an immediate incentive for Germany to consolidate its patchwork of co-operative and local savings banks.
    10/26/2014 - 4:23 pm | View Link
  • Great Southern: former director hopes for end to 'four years of hell'
    Former Great Southern director Jeff Mews flew from Perth to Melbourne on Sunday hoping an end to "four years of hell" is in sight after word came the verdict on the class action against Bendigo & Adelaide Bank and Javelin Asset Management might be released.
    10/26/2014 - 1:00 am | View Link
  • Mriya's nightmare grows as lenders call in loans
    Mriya Agro Holding's creditors called on hundreds of millions worth of debt on Oct. 14 in a notice issued on the Irish Stock Exchange. © AFP Ukraine's government and business community should be closely following the financial collapse of Mriya Agro Holding.
    10/23/2014 - 5:16 pm | View Link
  • More
BING NEWS:
  • Survivor on hunger strike to pressure band’s relationship with law firm
    WINNIPEG – A residential school survivor is on a hunger strike to force his band to sever ties with its ... A copy of both resolutions – obtained by APTN – confirms that. The documents also show the council held a special meeting to hear from ...
    09/12/2014 - 10:47 am | View Link
  • Debt Collectors Continue To Push the Limits of the Law Says Pioneer Law Firm
    As credit card companies, medical providers, utility companies, and other creditors write down billions of dollars in uncollected loans, the debt is sold to ... Complaints to the CFPB show many consumers aren't aware they have a medical debt until they ...
    05/28/2014 - 9:00 pm | View Link
  • 150-year-old law firm collapses into administration (From The Advertiser Series)
    Accounts filed with Companies House show Swinburne & Jackson owed £674,866 to creditors, and £125,365 in loans and debts to members. It is the latest traditional law firm to fall victim to increased competition in the sector which is threatening scores ...
    02/5/2014 - 10:03 pm | View Link
  • New law firm invests in technology instead of support staff
    Lawyers outnumber staff 7 to 2 at the new law firm of Kennaday, Leavitt & Daponde PC ... “We’ve all taken out personal loans that would make most people queasy, but we have a group of attorneys who think this is the way to go,” Leavitt said.
    01/6/2014 - 5:26 am | View Link
  • Law Firm Wins Dismissal of Suit by Client Whose Litigation Loans Ate Up Settlement
    While Mirman, Markovits & Landau PC was representing Elwin Francis in a personal injury matter, Francis secured cash from litigation funding companies through loans that would be ... required to initial each page to show that he had read it and understood ...
    01/29/2013 - 11:00 am | View Link
  • More
BING SEARCH:
  • CULIK LAW PC Massachusetts Loan Modification / Foreclosure ...
    Culik Law is a trusted and experienced Massachusetts Loan Modification Attorney. Massachusetts Foreclosure Attorney. Helping homeowners with mortgage rights
    11/22/2014 - 1:17 am | View Website
  • CFPB sues debt collection law firm « Bankrate, Inc.
    The Consumer Financial Protection Bureau is suing a Georgia-based firm for allegedly churning out debt collection law suits.
    11/22/2014 - 12:27 am | View Website
  • OVLG
    Registered California law firm with a team of attorneys for debt settlement and bankruptcy solutions.
    11/21/2014 - 11:58 pm | View Website
  • DannLaw
    It is bad enough that most people facing foreclosure who reach out to our law firm have been badly mistreated by their banks, but over the last few weeks ...
    11/21/2014 - 11:01 pm | View Website
  • About Us
    Wilde Law Firm, PLLC is a team of short sale lawyers and staff located in Asheville, North Carolina. We proudly serve real estate agents, buyers and sellers ...
    11/21/2014 - 3:09 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News