fastcart14 | Shared With: Everyone - Dec 13 2008 | exemption, mortgage, federal, exemptions, news, 7If you read the papers, there has been a lot of different articles recently about credit card debt- the credit crunch has been all over the news…
There are many stories out there, both from the consumers side & the banks’ side.
And now,...- fastcart14 | Shared With: Everyone - Dec 06 2008 | relief, 7, lawyer, exemption, discharge, federal
Here are answers to 6 common questions that people have about filing for bankruptcy….
http://lubbockonline.com/stories/111608/bus_356546623.shtml
…government figures showing Americans are lumbering under some $900 billion in credit card deb... - fastcart14 | Shared With: Everyone - Nov 24 2008 | file, law, federal, chapter, bakruptcy, lawyer
Welcome To The 12th Bankruptcy & Debt Carnival!
November 24th, 2008!
*Blogs presented according to subject*
General
Tushar Mathur presents Obama’s “Revitalize the Economy” Agenda posted at Everything Finance, saying, “Ac... - fastcart14 | Shared With: Everyone - Sep 24 2008 | filing, exemptions, federal, card, court, creditor
Take a look at this post:
http://blog.lendingclub.com/2008/05/09/leading-indicators-of-bankruptcy/
It summarizes 3 variables that are used to forecast bankruptcy rates (according to the abi):
1.The financial obligations ratio
2.Credit card delinquency ...
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Has anyone been reading about the Dodd-Frank bill? It sounds like a really bad idea.
Quoted: Valliere said that the idea gaining the most support is a plan from Senate Banking Chairman Chris Dodd and House Financial Services Chairman Barney Frank. Both are Democrats.
Quoted: The proposal, likely to be introduced soon after Congress returns from the Easter recess next week, would have the Federal Housing Administration guarantee hundreds of billions of new, lower-cost loans to troubled homeowners. Many borrowers would see their total principal on these new mortgages reduced under this program.
Quoted: "I think there's a growing populist feeling that if you're going to bail out Bear Stearns you better bail out individuals," said Greg Valliere, political economist with the Stanford Group, a Washington think tank.
And I don't understand why people think the Feds loan to JP Morgan to buy Bear Stearns is a 'bailout'. Why do people think this?
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