America is seeing an ailing economy that it hasn’t seen in years. With foreclosures on the rise and property value declining, the common person is finding it ever so difficult to keep up with the financial climate. Fears of inflation and a bear market is striking fear in citizen across the nation. Even big […]
Entries from July 2008
More Companies Feel the Financial Blues
July 30th, 2008 · No Comments
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IndyMac Reopens as Safe, Secure
July 24th, 2008 · No Comments
The California bank formerly known as IndyMac reopened under a new name last Monday. The firms new CEO John Bovenzi said it will open as a “strong and safe” institution.
Customers of the bank who insured their money can return to their usual deposits and withdrawals. The Federal Deposit Insurance Crop guarantees traditional bank […]
Tags: Bank closing · Boca Raton Bankruptcy Attorney · Boca Raton Bankruptcy Lawyer · IndyMac
Holding Company goes Bankrupt
July 24th, 2008 · No Comments
OBC Holding Company, based in Redmond, has filed for bankruptcy protection along with several of its affiliates. The company listed its assets right about $50 million dollars and more than twice that in debt. With it’s estimated 999 creditors, including a very large lending agreement with the Massachusetts Mutual Life Insurance Company who has given […]
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Best Way to Keep Home From Foreclosure
July 14th, 2008 · No Comments
Many Americans in this day and age are having lots of different problems with being able to make their mortgage payments on time and in full. There are many different reasons why people aren’t able to make their payments including the state of the current economy. Although this may be one of your daily worries, […]
Tags: Palm Beach Bankruptcy Attorney · Palm Beach Bankruptcy Lawyer · Palm beach chapter 7 bankruptcy
Bankruptcy Rates Rise in Older Individuals
July 10th, 2008 · No Comments
Although the bulk of bankruptcy rates along all the levels are rising, it seems that the rates of bankruptcy for those age of 65 and older has increased drastically over the past 8 years. Forbes did a study showing that while the numbers for overall bankruptcy did increase, the percentage of those filing that were […]
Tags: Boca Raton Bankruptcy Attorney · Boca Raton Bankruptcy Lawyer · Boca Raton Chapter 7 Bankruptcy Lawyer · Boca Raton File Bankruptcy Lawyer · South Florida Bankruptcy Attorney · South Florida Bankruptcy Lawyer