May14
* Consumer filings up 18 pct, business filings up 2 pct
* Nevada has most filings per capita, Arizona filings soar
By Jonathan Stempel
NEW YORK, May 14 (Reuters) - U.S. bankruptcy filings resumed their upward climb in the first quarter, nearly equaling their highest level since 2005, as high unemployment and a still-strained housing market squeezed consumers.
There […]
May11
By Mark Lieberman, Senior Economist
Source: FOXBusiness
During the debate over changes in personal bankruptcy laws, bankers were tripping over themselves to get Congress to agree to changes to make filing personal bankruptcy more difficult. The changes, they argued, would make borrowers more responsible – and by the way reduce bank losses as debts could no longer […]
By Brian Allen
Tags: Bankruptcy, Chapter 13, Chapter 7, credit card, delinquency, discharge, economy, foreclosure, loan modification, mortgage, Obama, plan, prime, reform, repayment
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Filed under Housing Crises
May08
By Anna Gustafson
Three Queens homeowners filed a lawsuit against JP Morgan Chase Bank Tuesday for allegedly illegally delaying and denying their applications for foreclosure relief.
The Jamaica, Queens Village and Fresh Meadows residents and attorneys from the Urban Justice Center filed the suit in federal court in Brooklyn that alleges the bank refused to provide them […]
May08
Palm Beach Gardens firm accused of filing lawsuits just to collect legal fees.
Since starting their own collection agency, LaBovick & LaBovick has filed more than 1,200 suits in Broward court — almost all of which seek less than $50 in damages
By Jane Musgrave, The Palm Beach Post
A Palm Beach Gardens law firm stepped into the […]
