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, […]
Jul03
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 you […]
Jul03
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 pensions […]
