The United States Trustee’s office warns you about bankruptcy foreclosure scams. These are serious matters that can get you in more trouble than the financial trouble of which you were trying to escape in the first place. If your home is posted for foreclosure in Texas you have very little time to act. The longer […]
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At least the British newspaper The Telegraph thinks it has uncovered evidence to this effect. In a report the paper states America is going bankrupt: The United States is heading for bankruptcy, according to an extraordinary paper published by one of the key members of the country’s central bank. A ballooning budget deficit and a
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Elizabeth Warren is a professor of law at Harvard University School of Law. She researches and teaches about credit issues. She warns in this video about the “taste for credit” and how credit card companies take advantage of that. Let us listen in –
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Inflation is a terrible thing. It hurts most everyone. As gas prices, food prices and the prices for essential rise uncontrollably, people and companies simply cannot keep up with the market pressures. Consumers have to go further in debt, more debt does not get paid, more people are forced into bankruptcy, and then companies and
Double Digit Inflation Is On The Rise And Could Hurt A Lot Of Well Meaning People Read More »
According to Credit Slips, a blog dedicated to credit and bankruptcy, bankruptcy filings in the U.S. are now at their highest daily rate since the 2005 changes to the federal bankruptcy law. There were 79,198 bankruptcy filings in February 2008, or 3,959 new filings per day. That is an increase of 28% over the same
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The Columbia Journalism Review, a respected publication, certainly thinks the press failed you. It reports that the business press missed a body of work, compiled by nonprofit groups, academics, documentarians, and others, that marshaled data to make visible a dramatic qualitative and quantitative shift in the relationship between the credit-card industry and its customers that
Did The Business Press Fail You In Regard To The Credit Card Industry? Read More »
Elizabeth Warren is a professor at Harvard University School of Law that is well known for her research on economic issues and bankruptcy. She has written books on th subject, appeared before Congress on the subject, and teaches law on the subject. Here she discusses the economic pressures confronting the two income family as the
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Showell Blades is one of my fellow bankruptcy attorneys in Rock Hill, South Carolina. Not too long ago he spoke about why people really file bankruptcy and other issues involving bankruptcy, that probably effects you. Lets watch and listen in to what he has to say –
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The New York Times is reporting that debt collectors is working to shed their bad image of harassing people, but do not be fooled by that. Collectors are being trained to appear (and I think the operative word is “appear”) to be more helpful and sympathetic, and act like you are a force for good.
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I personally think we are in a recession. And, I think it is hitting people in a more rural area like North Texas. All major economic indicators indicate our economy is getting worse. We all have to prepare. Here is a good video that describes that our recession is fueled by low wages and consumer
Recession Caused By Low Wages And Consumer Debt Read More »
