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Informal Bankruptcy
Lately there has been some information floating around about informal bankruptcy. It was even mentioned in Parade Magazine in the Sunday papers. While the outcome might seem the same as a legal bankruptcy filing, it is not a good solution to financial problems. In an...
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Poll Shows Obama Leads With Voters In Financial Trouble
A presidential poll conducted by BankruptcyHome.com shows that Democratic presidential candidate Senator Barak Obama leads among likely voters who visited the Web site that provides information on bankruptcy and debt consolidation. Senator Obama lead his Republican...
Trustees Settle With Capital One
A settlement was reached between the U.S. Trustee Program, an arm of the Justice Department that monitors bankruptcy courts, and Capital One Financial Corporation over allegations that the credit-card issuer filed over 5,000 claims on credit-card debts that it filed...
North Texas Homebuilder Files For Bankruptcy
Plano-based Sheridan Homes of Texas is the latest North Texas home builder to file for bankruptcy protection this year. The nationwide credit crunch and high foreclosure rates have stymied the housing industry across the country. Analysts have said that North Texas...
Bankruptcy Can Save Your Home From Foreclosure
Fort Worth, TX - Imagine being a mother of two barely getting by on your paycheck when a slight setback puts you behind on your mortgage payments. That is what happened to Yvonne, who asked that we not use her last name. After having already been through a Chapter 7...
Barack Obama VS. Joe Biden on Bankruptcy
This week Democratic presidential hopeful Senator Barack Obama announced Delaware Senator Joe Biden as his vice presidential candidate. Senator Obama and Senator Biden may agree on many issues, but they differ on their ideas on bankruptcy reform laws. Senator Obama...
Relief For Struggling Homeowners
For homeowners who are afraid that they will lose their home, some help is on the way. President George W. Bush signed the new housing law last week that Congress passed to help homeowners stay in their homes. Excerpt from the Savy Consumer article in the Fort Worth...
Barack Obama Vs. John McCain on Bankruptcy Reform
In recent campaign stops Senator Barack Obama, United States Presidential hopeful, has addressed his concerns about bankruptcy law and criticized Senator John McCain’s position of “siding with banking industry lobbyists” and failing to support steps which Senator...
Foreclosure crisis hits areas of North Texas harder
The news abounds with stories on the foreclosure crisis. Between May 2007 and 2008, foreclosures have risen 48%. Texas remains steady at #17 in the nation for foreclosures. Though this may seem encouraging to some, for the thousands of North Texans, the threat of...