In the News

Early-stage delinquencies are a leading indicator of future bankruptcy filings, and the June data suggest bankruptcies will continue rising in coming months. Bankruptcy filings were up 31 percent in June compared with a year earlier

In the News, Of Interest /

U.S. mortgage delinquencies accelerate: Equifax Mon Jul 27, 2009 2:08pm EDT By Nick Zieminski NEW YORK (Reuters) – Rising unemployment continues to make more Americans late on their mortgage payments, a sign that the rate of U.S. personal bankruptcies will keep going up, according to monthly data from the Equifax credit bureau obtained by Reuters. […]

Early-stage delinquencies are a leading indicator of future bankruptcy filings, and the June data suggest bankruptcies will continue rising in coming months. Bankruptcy filings were up 31 percent in June compared with a year earlier Read More »

HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS

In the News, Mortgage /

HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS How big is the home foreclosure problem now? Our country is facing a foreclosure crisis that is unprecedented. Home mortgage payments have risen dramatically in the last few years, making it impossible for more and more homeowners to afford to keep

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Can You Include Past Due Utility Bills In Your Bankruptcy?

Bankruptcy Education, Consumer News, In the News /

Yes! The Bankruptcy Code requires that you include all debts you owe as of the date of filing your bankruptcy case. All debts include past due amounts you owe to the local phone company, electric company, cable company, etc. Your phone, cable, water, and electric company cannot discriminate against you either only because you filed

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Barack Obama Proposes Bankruptcy Reforms

In the News /

According to the Associated Press and Fox News, Democratic presidential candidate Barack Obama has proposed changing bankruptcy laws to fast-track the process for military families, help seniors keep their homes, and protect people recovering from natural disasters. In doing so, Obama also accused Republican rival John McCain of repeatedly siding with the banking industry, saying,

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