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Tag Archives: foreclosure or bankruptcy

Rochester NY Bankruptcy Filings

Is there a typo in this story?
In 1985, 14,000 people filed for bankruptcy in the Greater Rochester Area. Just 20 years later the numbers jumped up by more to 7,700.
Does anyone know what the real stats are?
Click this link for more..
http://rochesterhomepage.net/content/fulltext/?cid=78972

The Perfect Storm…

Read this…
The current financial crisis is all-inclusive; our path to prosperity or even simple financial stability seemingly obliterated.
Click here for the full story:
http://www.usatoday.com/money/perfi/general/2009-03-26-peril-bankruptcy-foreclose-crisis_N.htm

The Personal Bankruptcy “Bailouts”

Here is a story entitled “Is Bankruptcy The Answer?”
And in today’s tough times, many individuals and families are looking for a bailout of their own.
Many find that in the form of a bankruptcy.
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Mortgage Modification in Bankruptcty Part II…

This article is a counterpoint to previous ones the reported about how modifying mortgages in bankruptcy may be an idea worth pursuing:
Now Congress is considering snuffing out this one bright spot by giving judges the power to discharge mortgage debt in bankruptcy and rewrite repayment terms. If enacted, these proposals would increase the cost of [...]

Bankruptcies in Central Washington

Central Washington saw a substantial increase in the # of people filing for bankruptcy between 2007 & 2008:
with cases involving Kittitas County residents nearly doubling, going from 58 in 2007 to 109 in 2008.
It looks like it’s going to be a busy year in bankruptcy court in Central Washington.
Read the rest here:
http://www.kvnews.com/articles/2009/01/10/news/doc4967f31b78fbe984684384.txt