The number of homes entering foreclosure has continued to rise for the past few years. Despite having an economy that is slowly recovering from the recession, many Americans are still facing the compounding financial...
Category: bankruptcy_blog
17 May, 2011
America isn’t alone in the fight for debt relief
It’s been nearly a year since Greece accepted a debt relief bailout of $147billion from the International Money Fund (IMF) and it appears as though Greece still doesn’t have its head above water. The bailout, which caused...
16 May, 2011
Private Schools feeling the financial pressure
Schools around the country are facing lack of funds and budget cutbacks. Many public school districts are resorting to layoffs of staff and teachers to resolve their financial troubles. In this wavering economy many private...
16 May, 2011
Summer Credit Savers
Summertime is one of the biggest seasons for retail stores and tourist destinations. People are buying clothes to keep them cool in the warm weather, and popular vacation spots are sold out of hotel and lodging...
The biggest misconception people have about filing for bankruptcy is that they will lose everything they own. In some cases, people may be required to sell some of their assets in order to pay creditors, but this is not...
