Bankruptcies Jump 30% in March, Led by Housing-Bust States
The jump in March bankruptcy filings is another indication the U.S. economy is in recession, led by states where the housing boom turned to bust. The more than 90,000 bankruptcy filings in March were the highest since insolvency laws became more restrictive in October 2005.
http://tinyurl.com/5ol2pj
Foreclosure Machine Thrives on Woes
A small army of law firms and default servicing companies, who represent mortgage lenders, have been raking in mounting profits. These little-known firms assess legal fees and a host of other charges, calculate what the borrowers owe and draw up the documents required to remove them from their homes.
http://tinyurl.com/5bcdj4
From Information Clearing House
http://freepage.twoday.net/search?q=bankruptcy+filing
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
http://tinyurl.com/5ol2pj
Foreclosure Machine Thrives on Woes
A small army of law firms and default servicing companies, who represent mortgage lenders, have been raking in mounting profits. These little-known firms assess legal fees and a host of other charges, calculate what the borrowers owe and draw up the documents required to remove them from their homes.
http://tinyurl.com/5bcdj4
From Information Clearing House
http://freepage.twoday.net/search?q=bankruptcy+filing
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=mortgage
rudkla - 7. Apr, 08:27
