Category Archives: Loans
Atlanta Bankruptcy Attorney Advice For Avoiding Late Bill Payments
Think those late payments are only hurting you? Think again. Americans strapped for cash have been slow to pay their bills. And in turn, the people and businesses we’re paying are slow to pay their own bills – slowing down the wheels of the entire economy, according to Atlanta bankruptcy attorneys. For example, a recent… Read More »
Chicago Bankruptcy Attorney Tips for Avoiding Late Payments
Those late payments can cost a lot more than the late fees they result in. When consumers take longer to pay their bills, businesses have less cash handy to pay their own bills, setting off a cycle that slows down the entire economy, Chicago bankruptcy attorneys say. Statistics agree. Legal firms, for instance, received payments… Read More »
Chicago Bankruptcy Attorneys Say Government Loan Program Helped Make Foreclosure Crisis Worse
The word is out – the $75 billion loan modification program meant to protect homeowners from foreclosure has actually made the situation worse. Out of the millions of Americans facing foreclosure, Uncle Sam’s program modified mortgages for just a few hundred thousand – some of which ended up going into foreclosure anyway. Now critics are… Read More »
Atlanta Bankruptcy Attorneys Warn That Government Mortgage Program Is Increasing Foreclosures
Contrary to homeowner hopes, Uncle Sam’s $75 billion mortgage modification program may be causing more bad than good. Created early last year, the program was supposed to encourage banks to modify loans of the millions of Americans facing foreclosure. Unfortunately, it’s managed to permanently modify just 35,000 – a drop in a rather large bucket,… Read More »
Consumers Credit Is Getting Harder to Come By
We often hear about how we shouldn’t rely so much on credit. But rarely do we hear the other side of the story – the fact that many of us could no longer qualify for more credit if we wanted it. Just a few years ago, lenders were handing credit out like candy – in… Read More »