Jul08
As millions of Americans are losing their homes, often unjustly because they were enticed into programs that have harmed them, at least one Website is gleefully tallying the number of these outrageous lenders that have run into trouble themselves.
The Mortgage Lender Implode-O-Meter has become so recognized that, according to The New York Times, at the […]
Jul08
Debt collectors constantly cross the line. They at least work hard to walk right up to the line. There are laws that protect you from inappropriate debt collection, but many of them are complicated and debt collectors are always devising systems that try to harass you while trying to stay barely within the […]
Jul08
You remember Michael Vick? He is the former NFL quarterback who is serving a 23-month prison term for plotting to run an interstate dogfighting ring. On top of that, on July 8, 2008 he filed for Chapter 11 reorganization. According to Bloomberg News, Vick cited debts of $10 million to $50 million […]
Jul08
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, […]
Jul08
Make no mistake about it. If you have a disputed claim hanging over your head, sometimes bankruptcy can put you in the driver’s seat. If you are not the debtor and a defendant in some action filed in bankruptcy, maybe you should think twice about not compromising or settling your case. Litigation is unpredictable. Just […]
