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Study: Bankruptcies soar for senior citizens
Aug 29, 2008 - 4:41 AM - by b_girl
Saw this report on MSNBC yesterday:

http://www.msnbc.msn.com/id/26427259

The day of our 341, I did notice alot of older Americans in the courtroom...I would guess about one quarter of the people in the room were over 60. Didn't think much about it until I read this story...guess this economy doesn't age discriminate.
9 Replies | 240 Views
U.S. Economy Grew Faster Than Estimated in Second Quarter on Export Gains
Aug 28, 2008 - 2:57 PM - by banca rotta
Here's some good news that the forum needs. The media is already digging for something negative from this news. It simply means there is NO recession. There is a slowdown, but NO RECESSION... [Read More]
5 Replies | 146 Views
Single women slammed by housing mess
Aug 28, 2008 - 2:40 PM - by banca rotta
Please tell me you actually believe it when a broker makes you a "promise" of doing a refi to a lower rate after you signup for a $3500 a month mortgage. The video will explain just what I am talking about. Make sure you have your tissues ready.


... [Read More]
4 Replies | 156 Views
Bankruptcy filings surge 29%
Aug 27, 2008 - 12:54 PM - by CompTweaker
http://biz.yahoo.com/cnnm/080827/082708_bankruptcy.html

As things in the economy have gotten worse, the number of people and businesses heading to bankruptcy court has spiked.
Bankruptcy filings surged 29% in the 12 months that ended June 30, according to government figures released Wednesday.

Total filings rose to 967,831 from 751,056 a year earlier.

... [Read More]
2 Replies | 151 Views
Credit Card Companies That Do Not Comply With The Stay
Aug 27, 2008 - 10:02 AM - by ChaseSucks
Even though: Pursuant to 11 U.S.C. Section 362(a), creditors are automatically stayed by the filing of this petition from taking any action to collect any debt or from enforcing any lien against her. A violation of the stay may be actionable pursuant to 362(h) or as contempt of court and punishable accordingly.

Bank Of America and Capital One willfully and in violation of the law continue to ignore the stays of filers. They are just arrogant or too stupid to receive and comply... [Read More]
2 Replies | 251 Views
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