Credit Card Companies Profit From Haiti Disaster
Credit card companies are making millions of dollars from the Haiti earthquake disaster in the form of service fees attached to each donation made to charitable organizations. But there is currently a movement underway...
Borrowers With Good Payment Histories May Be Hit With Dirty Credit Card Tricks
To get around the Credit CARD Act passed by Congress earlier this year, some credit card companies have decided to play dirty with even their best customers. Regarding late-payment fees, Dan of Campbell Hall,...
Alternatives To Credit Cards: Layaway Plans Are Back!
For the past 10 years, our dependence on credit cards has grown exponentially. But as the credit crunch worsens many Americans are finding it difficult to fund the things they want or even need....
Massive Job Losses Push Middle Class Into Bankruptcy
In part one of our series about why the middle class is becoming more vulnerable to bankruptcy, we discussed the swelling numbers of Americans who have a college education and own homes filing bankruptcy....
Is Fort Worth Going Bankrupt?
I don't want to sound the alarm too soon; but the road to municipal bankruptcy usually begins with small things, like the city's recreational facilities facing budget shortfalls and closure. Unfortunately, Fort Worth, like...
Bankruptcy Filings Hit Record Levels
According to an article in Bloomberg, more Americans filed bankruptcy in October than in any month since changes to the U.S. bankruptcy code were put in place in 2005. In the month of October...
Bankruptcy Debtor Allowed Homestead Exemption After Sale
In the Chapter 7 bankruptcy case of Sparks, Jeanette R.; In re, debtor is allowed to keep homestead exemption despite bankruptcy trustee's objection; but is not allowed to exempt $514 held in a mutual...