Blog: Currency

 

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Congress Actually Agrees on Something: Bitcoin

Posted on November 2, 2016 by
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Shortly before Congress recessed for the November election, the House of Representatives overwhelmingly passed Rep. Adam Kinzinger’s (R-IL) resolution urging the United States to “adopt a national policy for technology to promote consumers’ access to financial tools and online commerce to promote economic growth and consumer empowerment.” The Resolution (H.Res. 835), without specifically referencing it […]

Wisconsin is Well Banked

Posted on November 2, 2016 by
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On October 20, 2016, the FDIC released a report on the use of the traditional banking system in the United States.  According to the report, in 2015, less than 4 percent of Wisconsin households were “unbanked” while nationally the average fell to 7 percent, the lowest percentage on record. An “unbanked” household is one that […]

Lien Avoidance

Posted on November 2, 2016 by
Blog

Have you made a business or agricultural loan to an individual in Wisconsin?  Have you secured that loan with a non-purchase money, non-possessory lien on personal property that the debtor uses in his business?  If you answered “yes” to both questions, then you should be aware (or at least reminded) that your debtor can avoid […]