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Covers "all things about credit and bankruptcy." The blog features discussions and debates about "what does happen and what should happen when consumers and businesses borrow money."

Author: Five law professors contribute to this blawg: Bob Lawless of the University of Illinois; Angie Littwin and Elizabeth Warren of Harvard Law School; Katie Porter of the University of Iowa; and John Pottow of the University of Michigan.

Blawg Related Categories: Bankruptcy LawConsumer LawLaw ProfessorsHarvard UniversityUniversity of IllinoisUniversity of IowaUniversity of MichiganLaw ProfessorBusiness Law


Recent Posts from Credit Slips

  • Bankruptcy Filings Decline 6% in June

    The most recent bankruptcy filing data from Automated Access to Court Electronic Records (AACER) show a 6.1% decline in the U.S. daily bankruptcy filing rate. The were about 124,800 bankruptcy filings in June which, spread…

  • Bankruptcy as a Disqualifying Factor for Child Custody?

    Several sources, including our friends over at Bankruptcy Beat, are reporting that Michael Jackson's mother, who has been awarded temporary custody of her three grandchildren, might have trouble gaining final custody because of a 1999…

  • The Case for a Consumer Financial Protection Agency

    Yesterday, the White House released proposed statutory languagefor the creation of a Consumer Financial Protection Agency (CFPA). The bill is long, but the CFPA, the brainchild of our co-blogger Elizabeth Warren, is by far the…

  • In the Home Stretch

    Note: The following was just sent from Credit Slips blogger Stephen Lubben: "At the GM hearing, although closing arguments may run over to tomorrow. I don't think there has been anything thus far that would…

  • Health Insurance to Go Broke With

    An article in today;s New York Times chronicles how medical debt can financially ruin U.S. citizens even with health insurance. Policies with limits, often hidden from the consumer, quickly run out and leave the insured…

  • Who Loses in Cuomo v. Clearing House?

    Adam Levitin already posted on this week's decision in Cuomo v. Clearing House Association where the U.S. Supreme Court struck down a regulation from the Office of the Comptroller of the Currency's (OCC). The regulation…

  • The Supreme Court and What Attorneys Can Say

    Some other obligations have kept me away from blogging for the past few weeks. One great thing about a group blog is having great colleagues who pick up the slack. I had wanted to say…

  • Cuomo v. The Clearing House Association: OCC Loses Even with Chevron Deference

    The Supreme Court delivered its decision in Cuomo v. the Clearing House Association today. The issue in the case was whether the a regulation passed by the Office of the Comptroller of the Currency (OCC)…

  • GM and §363(f)

    As I noted in a recent post, "new GM" has agreed to "assume all products liability claims arising from accidents or other discrete incidents arising from the operation of GM vehicles occurring subsequent to the…

  • GM Sale Objections

    I have not covered the GM objections with the same intensity as I did in Chrysler, in part because the vast bulk of the objections raise the very same issues. For example, I'm sure most…


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