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Tag Archives: credit card debt bankruptcy

What About That Debt Honey?

Does anyone think of the debt when they get married?
Did anyone think that they’d get divorced & have to split up the debt someday.
Interesting article over here:
http://www.latimes.com/business/la-fi-perfin19-2009apr19,0,910505.column

Pennsylvania Bankruptcies Increasing…

From Pittsburgh,
it’s no surprise bankruptcies in Western Pennsylvania have jumped by 9 percent so far this year and in 2008, experts say.
Click here to read the entire story:
http://www.pittsburghlive.com/x/pittsburghtrib/business/s_621304.html

The $13.5 Billion Commercial Debt Collection Market…

Read this…
The Commercial Collection Agency Association (CCAA), said recently that commercial accounts placed for collections rose to a record $13.5 billion for the year ended Sept. 30, 2008, besting the previous record of $13.15 billion in the same period ended in 2002. For all of calendar year 2008, $14.3 billion in business to business accounts [...]

Booming Bankruptcy Practice in Blue Ridge, VA

From Virginia:
A local collections attorney who asks to remain anonymous says he has seen an increase in his business but a decrease in collections. Last year, he says, his firm opened about 40 percent more claims than usual yet pulled in about 12 percent less in revenue.
Full link is here…
Click here to read it:
http://www.bizjournal.com/content/article.php?id=789

Credit Card Debt And Bankruprtcies

Credit card companies are taking what they can get from debtors these days!
…the number of troubled borrowers getting payment extensions has at least doubled in the last six months…
http://marketpipeline.blogspot.com/