May 22, 2012

Foreclosures on the Rise in 2009

Foreclosures on the Rise in 2009 October 27, 2009, USA TODAY Home foreclosures increased 22.5% in third quarter 2009 vs. third quarter 2008. This interactive shows the percentage of housing units that received at least one foreclosure filing during the...(read more)

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]