Michael S. Etkin is quoted in WSJ Pro Bankruptcy regarding the impending decision as to whether the over 1 million consumer borrowers with stated claims against Think Finance, which is accused of predatory payday lending, will be allowed to pursue those claims on a class-wide basis in the company’s bankruptcy case.  Among the various problems with the bankruptcy notice program is that many borrowers had never heard of Think Finance, as the company used Native American tribes as the face of the lending operation.  As the bankruptcy lawyer for a putative nationwide class of consumer borrowers, Etkin informed the judge that for the vast majority of these consumer borrowers, it was either class representation or nothing with respect to these bankruptcy claims. (subscription required to access article)