May 22, 2012

Nearly two-thirds of U.S. adults expect at least 30 percent discount on foreclosure purchase

A new survey conducted on behalf of RealtyTrac and Trulia by Harris Interactive was released today, and among other interesting tidbits, it shows that 65 percent of those surveyed said they expected a discount of at least 30 percent when purchasing a...(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...]