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US Bankruptcies just reached a 5 year high

Northeast OH – According to data from the National Bankruptcy Research Center, US bankruptcies have reached a 5 year high.

The last record was set in 2005. That record was set because bankruptcy laws were being tightened up and people wanted to file before the laws changed.

(The big banks had convinced congress to . . . → Read More: US Bankruptcies just reached a 5 year high

Another foreclosure rescue firm hits the dust

The following article caught my eye in the Plain Dealer. It says Federal Trade Commission, Ohio attorney general sue foreclosure rescue firm Debt Advocacy Center.

Is it really news that another company has been indited for screwing people in foreclosure? Not really. This is happening everyday. However what I found unique is that I . . . → Read More: Another foreclosure rescue firm hits the dust