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    June 16, 2008
    Former Bankruptcy Judge to Defend Mortgage Lenders

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    Melanie Cyganowski, a former US Chief Bankruptcy Judge, is heading into a law firm where she can use her skills to help mortgage lenders and investment banks with restructuring and bankruptcy. The Wall Street Journal reports on Cyganowski’s reasons for helping mortgage lenders:

    "I feel like my skills are best suited for the courtroom and I will be
    able to more intensely focus on bankruptcy and litigation here," said
    Ms. Cyganowski, 58 years old. "After 14 years on the bench, you quickly
    get a sense what cases can be reorganized or where it should be
    liquidated."

    The mortgage market crisis resulting in many loan defaults and foreclosures — translating into losses for banks, lenders and investors — it makes sense for companies to seek the help of those experienced in dealing with bankruptcies and restructurings so that clients can get the best advice possible.

    Now, who’s going to help individual Americans with their financial restructurings and bankruptcies?

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