From the U.S. Courts: Bankruptcy Filings Up 34 Percent over Last Fiscal Year
Bankruptcy cases filed in federal courts for fiscal year 2009 totaled 1,402,816, up 34.5 percent over the 1,042,993 filings reported for the 12-month period ending September 30, 2008,…
Kenneth Harney discusses the credit impact of various mortgage choices: Mortgage problems are walloping Americans’ credit scores
For example, loan modifications that roll late payments and penalties into the principal debt owed on the house can actually increase borrowers’ scores modestly.…
From the American Bankruptcy Institute: August Consumer Bankruptcy Filings up 24 Percent over Last Year
The 119,874 consumer bankruptcy filings in August represented a 24 percent increase over last year’s monthly total, according to the American Bankruptcy Institute (ABI), relying on…