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bankruptcies : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "bankruptcies"

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Bankruptcies Rise 32% in 2009, 1.5 Million Went To Court

Almost 1.5 million bankruptcies were recorded in 2009, a number up 32 percent from 2008 — and a number that was not supposed to happen. Huh? How come there were not supposed to be so many bankruptcies. Well, to put this as nicely as possible, the so-called Bankruptcy Abuse Prevention and Consumer Protection Act of [...]

16Mar2010 | | 0 comments | Continued
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Foreclosures: Bankruptcies Rise 35%

The court system is reporting a massive rise in bankruptcies, a sure-fire indicator of foreclosure activity. In the 12-month period ending June 30, 2009, there were 1,306,315 bankruptcy cases filed, according to statistics released by the Administrative Office of the U.S. Courts. That’s a 35 percent increase compared to filings for the 12-month period ending [...]

14Aug2009 | | 0 comments | Continued