Forbes.com says the top 20 American cities for credit card (over)spending are: Miami, FL Tampa, FL Los Angeles, CA Jacksonville, FL Orlando, FL Riverside, CA San Diego, CA San Antonio, TX Las Vegas, NV Sacramento, CA
June 2009
Many people are facing bankruptcy today because they bought a new house before they sold their old house, only to find that they then can’t sell the first home. Real estate has always been thought of as a safe investment, and one you could sell if you needed to get away from it. That isn’t [...]
A couple common scenarios could combine these days to harm consumers if they are not prepared for them. Borrowers trying to get reasonable mortgage modification arrangements should be wary of their lenders being taken over by the FDIC also. Many mortgages are held as part of a bank’s portfolio. Sometimes you are dealing with the [...]
Banks and credit unions love to have automatic payroll deductions from their customers. It helps them guarantee as long as you work, you pay them. What happens when you file bankruptcy? The bank or credit union should think twice about continuing to “accept” these payroll deductions. That’s the lesson from a recent Eighth Circuit Bankruptcy [...]
Bankruptcy is something that students may find themselves considering upon graduation. College students face huge financial burdens obtaining their education, counting on getting a good job to pay them off. The problem is that many are unable to find work that covers all their necessary living expenses, and their debts. Even if they find work [...]
It is a good idea to make sure that you don’t have funds in bank accounts at banks you owe money to, particularly if you are going to file for bankruptcy. Banks will often keep the funds in your account on the day your file for bankruptcy to set off against the debt owed to [...]
