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2008 Bankruptcies Approaching 1 Million Filings!

Click here for this blurb from CNN:

http://money.cnn.com/2008/10/24/pf/

As we’ve reported before, this isn’t a surprise given the trends in housing prices downward- especially in California.

Anyone from CA want to comment on what the situation is out there regarding real estate?

This article from CNN contains the very accurate subheadline: “New Laws, Same old Problems”

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2 Comments

  1. J from Florida Bankruptcy wrote:

    And it is going to get worse before it gets better,

    Saturday, November 8, 2008 at 10:05 pm | Permalink
  2. Content wrote:

    And they expect us to be content with crumbs? No, not me!

    Monday, November 10, 2008 at 5:02 pm | Permalink

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