The State Of The Union: Student Loans and Bankruptcy
Many Americans drowning in student loan debt and many of those considering college listened to President Obama with much anticipation as he tackled the issue of crippling debt burdening most Americans who pursue a...
Special Bankruptcy Process For Failed Financial Institutions?
Senator Christopher Dodd and other members of the Senate Banking Committee are proposing legislation that would create a special bankruptcy process for failed financial institutions. Members are discussing a two-stage process that would create...
Job Losses Continue To Pile Up In 2010
The U.S. has lost more than 7.2 million jobs since the recession began in December 2007 and job losses are continuing as we enter the new year. The biggest and most recent job losses...
Payday Lenders: New Disguise-Same ‘Old Wolf
Check Into Cash seems to be tweaking it's payday lending business in a way that would allow it to charge higher interest rates and offer longer term loans, a move that could help it...
Credit Card Inactivity Fees Coming Your Way?
Since the passage of the Credit Card Act, many credit card lenders have been dreaming up new ways of getting more money out your pockets. One of the newest tricks on the block is...
Good People, Bad Loans and Foreclosure
When the foreclosure crisis first began, there was a lot of finger pointing mostly at the supposedly "irresponsible" homeowners who "bought too much house" in a quest to keep up with the Joneses. We...
Actor Barry Corbin Files Bankruptcy
Barry Corbin, the actor who played Maurice Minnifield, the patriarch of Cicely, Alaska, in the TV show Northern Exposure; Uncle Bob in the movie Urban Cowboy; and Sheriff Fenton Washburn in Dallas has filed...