
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?
Technorati Tags: Bankruptcy, foreclosures, investment banks, Melanie Cyganowski, mortgage lenders, mortgage loan blog, mortgage market, mortgage market crisis, mortgage news


