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 Tagged as 'Boca Raton Chapter 7 Bankruptcy Lawyer'
More Companies Feel the Financial Blues
July 30th, 2008 · No Comments
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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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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 […]
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Consumer Bankruptcy Filings Increased
April 8th, 2008 · No Comments
Statistics show that the number of consumer bankruptcy filings has increased 27% in the first quarter of 2008 when compared to the first quarter of 2007. This is according to the American Bankruptcy Institute.
According to a representative from the ABI, bankruptcy filings are on the rise due to increasing mortgage problems and the burden of […]
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Bankruptcy Rates Rocket in Arizona
February 28th, 2008 · No Comments
According to a report by the U.S. Bankruptcy Court for the district of Arizona, statewide bankruptcy filings for the month of January underwent a 63% increase compared to the same month last year. The statistics, which show a total of 967 filings this year, also showed a heavy imbalance in the type of bankruptcy petitions […]
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