Bankruptcy
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Foreclosure Fears Drive One in Five Bankruptcies
Aug 05, 2009One in five people cite avoiding foreclosure as the main reason for choosing bankruptcy, according to the Consumer Credit Counseling Service (CCCS) of Greater Atlanta. In June, the national nonprofit financial counseling agency found that 21.6% of the 16,744 people who received counseling filed for bankruptcy to keep their home. That figure remained above 20% since April. “Our research shows that tens of thousands of Americans are turning to bankruptcy to avoid foreclosure,” said Suzanne Boas, president of CCCS of Greater Atlanta, in a corporate release.
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Ohio Law Firm Names Director of Default
Aug 03, 2009 -
SEC Charges Arizona Four in $197m Mortgage Scheme
Jul 29, 2009 -
Private Equity Pulls Auctioneer from Bankruptcy
Jul 24, 2009 -
DebtX to Sell $1bn in Loan Participations from Failed Banks
Jul 22, 2009 -
Lawmakers Hear Warning on Credit Loss Risk
Jul 22, 2009 -
Private Capital Bailout for CIT
Jul 21, 2009 -
Lenders Help Florida Homeowners Affected by Chinese Drywall
Jul 20, 2009 -
WFC Brings Suit Against WFC
Jul 17, 2009
