Falling Out Of A Bed That Gets Higher Every Day
The Herald Tribune reports from Florida. “Mark Brivik, a real estate investor who made a living buying, ... off her credit cards and ripped them up.” Still, even without credit card debt, Lesso is struggling ... for Chapter 7 bankruptcy protection. Brivik distinguished himself from other investors during the past [more...]
Date: 2008-11-24 14:34:43
Blog posts
(361)
|
Videos
(268)
Citigroup and Bankrutcy Judges Join Forces to Save Homeowners from Foreclosure
News came out today that may help many homeowners who are facing problems with their mortgage ... to follow suit. Known as “cramdown,” the rewrite would let bankruptcy court judges erase some mortgage debt to help bankrupt homeowners better handle their payments, subject to strict conditions [more...]
Date: 2009-01-08 22:36:43
AG urges Congress to changes to help distressed homeowners
Washington's Attorney General has joined 21 other attorneys general to encourage Congress to loosen bankruptcy rules in an effort to reduce home foreclosures. Current bankruptcy laws allow judges to readjust mortgage debt on vacation homes and farms, but not on primary residences. The attorneys general would like to see that changed [more...]
Date: 2009-01-07 22:13:01
Foreclosure Help is On the Way
The freeze on foreclosure sales and evictions has now been frozen until the end of January, ... mortgage debt for people filing for bankruptcy. The IRS is also stepping up to the plate to assist ... payments, many of the homes in question carry IRS tax liens. Over 600,000 such tax liens are filed [more...]
Date: 2009-01-13 03:52:55
So it begins with garnishment law
The first step was to pick a field and then to pick a very specific topic ... research and interpretation, bankruptcy law, multiple state jurisdictions, Federal preemption, debt ... . The field I selected was “credit card debt” contained within the general legal domain. “Credit [more...]
Date: 2009-01-06 19:07:34
Lehman Telcom?
Lehman Telcom? January 15th, 2009 by Rick Having a bankrupt investment bank like Lehman Brothers owning a piece of Hawaiian Telcom isn’t as far ... reorganization proposals, one of which is to convert its huge debt into stock. Lehman, which filed for bankruptcy in September, is one of a handful of banks that provided about $1 billion in financing [more...]
Date: 2009-01-15 14:57:31
Reader mail: American Agencies collecting 10-year old debt
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing, California up 80 ... and wealth Categories Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP [more...]
Date: 2008-11-17 19:13:00
FALLING PRICES ARE NOT DEFLATION BUT THE ANTIDOTE TO DEFLATION
This is the first in a series of articles that seeks to provide the intelligent layman with sufficient knowledge of sound economic theory to enable ... or profits, by any increase in the difficulty of repaying debt, or by any surge in bankruptcies [more...]
Date: 2009-01-10 01:22:19
Is It A Good Or Bad Thing That So Many Companies Are Going Out Of Business?
What exactly will 2009 bring us in terms of businesses closing down for good? ... $2.56 trillion in consumer debt, with the average household’s credit card debt amounting to $8,565 ... filing for bankruptcy or are already in it, so we won’t know if some of them make [more...]
Date: 2009-01-06 14:00:00
Leading Democrat offers mortgage aid bill (Reuters)
WASHINGTON (Reuters) – The second-ranking Democrat of the U.S. Senate on Tuesday introduced legislation that would let bankruptcy judges erase some mortgage debt in an effort to stem foreclosures. The bill drafted by Sen. Richard Durbin would help millions [more...]
Date: 2009-01-06 22:29:25
Perspective: poverty and wealth
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... mail: American Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing ... 16 2008 Perspective: poverty and wealth Categories Credit crisis deliberately caused [more...]
Date: 2008-11-16 19:52:00
5 Signs You Need To Speak To A Bankruptcy Attorney
Are you leading a ‘buy now pay later’ way of life? If yes, ... your relationships with creditors. In case, you are already in a bad debt trap, then one way ... bankruptcy attorneys offer a free evaluation or consultation so in most cases you will not need to pay [more...]
Date: 2008-12-28 21:45:00
Small Business Stimulus Package Financial Giveaway @ The Roundup
Financial Giveaways With Cool Prizes #1 A Small Business Stimulus Package, ... , much like everyone else’s stock. Ugh! The Sun’s Financial Diary: How to Use Your Credit Card ... of Family Life Review Bloggers Carnival Best of Me Symphony Bankruptcy and Debt Carnival Carnival [more...]
Date: 2008-12-10 23:04:15
Chapter 13:
Chapter 13: December 22nd, 2008 A Chapter 13 bankruptcy is also called a wage earners plan ... in Michigan. “We are a debt relief agency. We help people file for bankruptcy relief under ... . During this time the law forbids creditors from starting or continuing collection efforts [more...]
Date: 2008-12-23 01:38:35
Chapter 13:
Chapter 13: December 23rd, 2008 A Chapter 13 bankruptcy is also called a wage earners plan ... in Michigan. “We are a debt relief agency. We help people file for bankruptcy relief under ... . During this time the law forbids creditors from starting or continuing collection efforts [more...]
Date: 2008-12-23 04:22:27
Bankruptcy filings rapidly increasing, California up 80%
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... mail: American Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing ... Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP paying your credit [more...]
Date: 2008-11-17 03:06:00
Don’t Lose your Business To Bankruptcy
If you own a business which is looking at large debts or a possible bankruptcy, then you need to act fast. There are a few methods that you need to investigate. [more...]
Date: 2009-09-24 20:56:40
Bankruptcy - Is It the Answer?
Bankruptcy - Is It the Answer? October 11th, 2008 Subscribe To Our Feed If your finances are in a mess, you may have considered bankruptcy ... to pay back a portion of the debt that is owed to creditors. Your credit will be damaged ... laws. They were allowed to file more than once for Chapter 7 so many used it to beat credit card [more...]
Date: 2008-10-11 21:47:58
LyondellBasell May Seek Chapter 11 Bankruptcy Protection
LyondellBasell Industries, a chemicals maker controlled by the investor Len Blavatnik, may file for bankruptcy as a way to restructure debt that financed its $12.7 billion merger a year ago. The company hired an executive to oversee a restructuring in case it seeks court protection [more...]
Date: 2009-01-05 11:50:18
international debt
DO NOT consoldate yr debtt Eliminate It!!! Lgallyy Remove your credit card and other unsecured debt * WITHOUT ever making anothr payment to ... ://hiRMoiM89r.spaces.live.com/ This IS NOT: * Bankruptcy * Conslidation * Or refinancing of any ... in combined houusehold unseured debt to apply. * Must be a US residentt.... [more...]
Date: 2008-10-22 23:32:46
Debt a Glossary of Terms
Debt a Glossary of Terms Posted in January 2nd, 2009 Category:Debt Consolidation Bankruptcy - Having been legally declared financially insolvent ... . Collection Agency - ... [more...]
Date: 2009-01-03 01:21:40
Debt Relief USA Sued for Millions by Texas AG
Texas Attorney General Greg Abbott today took legal action to recover $4.6 million that a bankrupt “debt settlement” company wrongly withheld from its clients in Texas and other states. In June, Debt Relief USA Inc. of Addison filed for bankruptcy protection in the Northern District of Texas. As a result, more than 2,500 financially distressed customers [more...]
Date: 2009-08-20 16:30:16
Taxpayer "cramdown"
Boom! Boom! Boom! Boom!If you are wondering what the noise is its my forehead slamming against my desk.Ughhhhh.....Welcome to the mortgage "cramdown"! ... giving bankruptcy judges power to erase mortgage debt would increase costs for future homeowners [more...]
Date: 2009-01-08 22:41:00
The Bad Credit Special Loans.
by Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2009-01-04 10:28:13
The Bad Credit Special Loans.
by Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2008-12-19 22:10:26
The Bad Credit Special Loans.
By Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... a serious debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2009-01-03 08:04:53
Credit Card law questionable
There’s no shortage of blame for the mortgage crisis that drove the economy into the ditch ... Act of 2005, households could erase their unsecured debts by filing for Chapter 7 liquidation ... the reform, overindebted households might file bankruptcy and get rid of their credit card debt [more...]
Date: 2009-01-13 10:09:00
Should I File for Bankruptcy? - Some Things to Consider
by William Blake Bankruptcy is a means to get out of debt. Some feel that it is a quick escape from mounding debt, and they make it their number one option ... taking such a drastic step. You will no longer be eligible for any decent credit. That means [more...]
Date: 2008-09-17 14:43:00
Congress Proposes Cram-Downs As New Mortgage Solution
The plight of homeowners delinquent on their mortgages has been the focus of much debate lately ... by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional [more...]
Date: 2009-01-07 10:21:42
Bailout in Lieu of Bankruptcy
A couple of months ago, I posted about the problem of debt overhang in the financial sector. The problem is a conflict of interest between debtholders and equityholders when the debt ... continues to be that "bailout in lieu of bankruptcy" substitutes a reduction in taxpayers' disposable [more...]
Date: 2009-01-14 14:25:34
The Fate of GMAC Bank
GMAC, which stands for General Motors Acceptance Corporation, ... . This week, GMAC ” sweetened terms on a debt swap designed to save the firm from bankruptcy and extended ... if there is a problem, they often drop their rates immediately afterwards. CD rates don’ [more...]
Date: 2008-12-14 18:49:08
I Can’t Pay Sallie Mae - Carlos
I Can’t Pay Sallie Mae - Carlos Posted by as Ask Steve, Bankruptcy, Customer Service, Get Out of Debt, Student Loans, Web If you're new here, ... question. If you have a credit or debt question you’ [more...]
Date: 2009-01-16 00:05:56
Finding a Bankruptcy Attorney in New Hampshire
People living with debt that they can’t handle have a few options to choose from. They can contact a debt or credit counsellor and try to work out a debt settlement plan ... and circumstances is crucial to help your case and help you understand the law and how it applies [more...]
Date: 2009-01-16 00:28:49
Will Obama Nationalize U.S. Private Pensions?
Earlier today I received an email from a concerned member of the Sovereign Society: " ... . In 2001 Argentina defaulted on $95 billion worth of government debt after a three-year economic meltdown that left Buenos Aires in bankruptcy. At the time, that was the biggest government debt default [more...]
Date: 2009-01-16 02:42:07
What Happens When You Default on Your Student Loans?
As the economy tanks and employment skyrockets, the number of former students struggling to pay off their student loans is likely to grow, too. While failure to repay any debt can have serious consequences, not making payments ... student loans are one of the only forms of debt that cannot be discharged in a claim of bankruptcy [more...]
Date: 2008-12-15 17:38:59
Wall Street Breakfast: Must-Know News
IndyMac's backdating scandal. The Treasury has launched a formal probe into the Office of Thrift Supervision after discovering a senior bank ... ;P reduced GM's unsecured debt to C and forecast a 'high' likelihood of bankruptcy. In the event ... , and for jeopardizing investors’ interests while collecting 'millions of dollars in fees.' Between [more...]
Date: 2008-12-23 12:16:14
Secondary Sources: More Than Stimulus, Fed Balance Sheet
A roundup of economic news from around the Web. More Than Stimulus: Martin Wolf of the Financial Times writes that stimulus alone won’t save the U.S ... . The U.S. cannot afford years of painful debt reduction in the private sector — a process that has still ... more fiscal recapitalization or debt-for-equity swaps. It also means the mass bankruptcy of [more...]
Date: 2009-01-14 17:00:00
get out of debt forever
DO NOT consldate your debt Elimiate It!!! Legally Removee yur credit card and other unsecured debt * WITHOUT evr making another payment to our ... ://zvyRpu.spaces.live.com/ This IS NOT: * Bankruptcy * Conslidation * Or refinancng of any kind Vist ... houshold nsecured debt to pply. * |\/|stt be a US resident.... [more...]
Date: 2008-10-23 05:40:20
From Unpaid Council Tax To Bankruptcy
debt-demand Unpaid council tax should indeed be chased down ... councils are turning hundreds of pounds of debt into a five figure sum through legal costs [more...]
Date: 2009-01-08 14:06:00
11-17-08 Twenty-Something Finances-Carnival
Welcome to the 11-17-08 Carnival of Twenty-Something Finances! ... on enormous mortgages, car loans, CC debt are usually not 18 and starting out, they are older ... away from debt but how is it different from Bankruptcy or Foreclosure? It’s not. And consider [more...]
Date: 2008-11-17 14:00:09
How To Get Out Of Credit Card Debt On My Own
I am sick and tired about my awful state of financial affairs. I got sick back in January and as a result I had to leave my occupation ... up as they shall be overcome. Post from: Bankruptcy Articles How To Get Out Of Credit Card Debt ... t know what to do. I tried to call three of my credit card companies and was just told I needed to pay. While [more...]
Date: 2008-10-18 01:04:52
Citi Throws Weight Behind Cram-Downs
In a move that clearly caught much of the financial and mortgage markets by surprise late Thursday, Citigroup, Inc. (C: 6.92 -3.35%) agreed with key legislators on a plan that would allow bankruptcy judges to modify the terms of mortgages during debt restructuring. The move is a surprising break from the financial industry’s long [more...]
Date: 2009-01-09 14:38:23
Hahn & Hessen Announces New Partners
New York’s Hahn & Hessen LLP has announced that Daniel M. Ford and Edward L. Schnitzer have been made partners in the firm ... , with a concentrated expertise in all levels of bankruptcy-related litigation. He was an Assistant ... distressed debt. [more...]
Date: 2009-01-15 23:14:29
Mortgage Rights and Wrongs
Congress has said that they want judges to adjust mortgage debt. On the face of it, this makes sense. After all, when people declare bankruptcy they get their credit card, auto loan, and personal debts adjusted. What makes a mortgage any different? Well, one difference is the law. By law [more...]
Date: 2009-01-14 05:01:08
When It's Time to Wave the White Flag and File Bankruptcy
Sometimes, despite our best intentions to pay back our debts, our individual circumstances make it an impossible task ... to buy more immediate needs, like groceries or the heat bill? Do bill collectors call you regularly ... ) Have you tried debt consolidation but can't get approved for the loan? Are you unsure how much [more...]
Date: 2009-01-08 02:07:50
Bad Debt What Is It?
by Emma Elvie Most of us in today’s society never really pay any attention to the amount of debt that we accumulate until it is too late and then we are facing whether or not we should file bankruptcy. Well if you want to know how to avoid bad debt and what you can begin doing to get rid of all that excess burden in your life then you have come to the right place. I personally understand how difficult it can be on a person who has a lot of bad debt to pay each and every month. [more...]
Date: 2009-09-24 15:40:46
Should I Declare Bankruptcy?
One of our readers, Alicia, asked: I have one Credit Card debt with a balance of $15,000 can not pay the Min amount they want like 3, ... then to have to file Bankruptcy and they get no money it’s all i can sent (not only Debt i have) should ... of my debt within the next 5 - 7 years? There are two reasons for the 5-7 year question. The first [more...]
Date: 2008-11-19 13:59:48
2005 Bankruptcy Law Finance Industry Sought has Strangled Economy
Was the banking industry screwed over by its own bankruptcy law? It sure appears to have hurt the economy.. ... that escape route and forces better-off households to continue paying credit card debt, which makes ... .“Before the reform, overindebted households might file bankruptcy and get rid of their credit card [more...]
Date: 2009-01-14 04:35:33
CHAINS VERSUS PRIVATE, INDEPENDENT AND FAMILY OWN NEWSPAPERS
The New York Times is right: The Newspaper Bubble, Too, Has Burst ... that almost tripled the company’s debt… Most newspapers still have earnings before interest, taxes ... . The bankruptcy filing of the Tribune Company on Monday is just the latest, largest evidence [more...]
Date: 2008-12-10 18:03:37
Court orders a lawyer who screwed up to refund his client's fee
The Massachusetts Appeals Court ruled today that a Boston lawyer whose office failed to file a client's bankruptcy petition on time not only has to pay off her debts but refund the fee she originally paid him. Attorney William Soo Hoo had argued that he deserved to keep Linda Don's $1,000 fee because none of her creditors had actually sued her, which means the result was the same as if his office had done its work correctly and gotten her bankruptcy protection. [more...]
Date: 2009-08-26 14:45:33
101 -
150
of
361
Posts
Page:
First
| <
Preceding
|
Next
>
0
|
1
|
2
