Monthly Archives: October 2011

Stopping Foreclosure With A Loan Modification

Over the last three years many Americans are facing foreclosure because of being upside down on their home mortgage. The government’s solution to the problem was creating loan modification programs. These mortgage modification programs don’t seem to be working too … Continue reading

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Filing Bankruptcy And Having To List Your Family And Friends

In today’s society it’s been pretty common to see friends and family members loaning money to other friends and family members. I remember when I was a kid and my parents used to always say don’t loan any money to … Continue reading

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Lehman Brothers Ready To Exit Bankruptcy

The Chapter 11 bankruptcy of Lehman Brothers might be over soon. Lehman Brothers proposed a reorganization plan that has the support of creditors who hold more than $160 billion in claims. According to a recent bankruptcy court filing, the company … Continue reading

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Use Help From A Bankruptcy Attorney To Become Debt-Free

  When people talk about becoming debt-free rarely does filing for bankruptcy come up in the conversation. Most people don’t realize that if an individual has the help of a bankruptcy attorney and uses the power of Chapter 7 bankruptcy … Continue reading

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Fears Of A Greece Bankruptcy Continue

Today, the Austrian Finance Minister, Maria Fekter stated that if Greece ends up filing bankruptcy it would set off a domino effect across the world in the financial sectors. Many feel that it would be worse than the bankruptcy filing … Continue reading

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The Cost Of A Bankruptcy Attorney is Minimal Considering Being Debt Free

  When considering the costs of everything these days, a bankruptcy attorney can be considered quite a value when being faced with unmanageable debt. Just go to the store and check out the price of coffee and milk and you’ll … Continue reading

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Possible Bankruptcy For Companies Because Of Tough Economy

Three years ago the Lehman Brothers bankruptcy filing set off a ripple effect that ended up being a tsunami of other banks to file for bankruptcy. Along with many banks filing bankruptcy there was a slew of corporate failures also. … Continue reading

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Personal Bankruptcy Has Taken On A New Look

Historically, personal bankruptcy carried a stigma of failure and giving up. Over the last 10 years that perception has changed. When the real estate market melted down in 2008, many people got caught with their pants down facing foreclosure with … Continue reading

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The Number Of Those Filing Bankruptcy Has Dropped, But Why?

It was reported today that the number of those filing bankruptcy in the U.S. Bankruptcy Court of Ohio were 14% lower than the number of those filing in the first eight months of 2010. It was also reported that nationally … Continue reading

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Greece In Danger Of Filing Bankruptcy

With rumors swirling around Europe, many people are wondering if Greece will be filing bankruptcy. It’s no joke, they are broke. German Chancellor Angela Merkel and French President Nicolas Sarkozy are currently discussing the country’s future in regards to the … Continue reading

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