South Florida Bankruptcy Lawyer

Wachovia Corp. will be acquired by Citigroup Inc. for about $2.16 billion after shares of the North Carolina lender collapsed under unpaid mortgages.
Ranked sixth by assets in the U.S., Wachovia’s all-stock deal wraps up at about $1 a share.  All depositors will be protected, according to the Federal Deposit Insurance Corp.
Citigroup is the biggest U.S. […]

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Recent Studies have shown that the leading cause of Bankruptcy is medical debt from chronic illness.  A university research team interviewed a number of individuals who were part of the 1.45 million people who filed for bankruptcy earlier in the decade. 
In these in-depth interviews, half of the families cited medical issues as […]

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Senators in Congress are considering the future of the credit industry.  Democrat from Florida, Al Franken, has proposed a number of different changes that would protect consumers from predatory lenders.   He feels that Congress has failed to help those households that have been duped into accepting outrageous credit terms.
His charges have caused fervent […]

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Residents of Monroe Country are a bit nervous now due to the fact that crucial information about individuals who filed for bankruptcy years ago is available on the internet.  Social Security numbers of these individuals were listed on the U.S. Bankruptcy Court documents filed with the clerk’s office between 2000 and 2003. 
Police authorities […]

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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 […]

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