Relevant:
- CONSUMER BANKRUPTCY FILINGS REACH HIGHEST MONTHLY TOTAL SINCE 2005 BANKRUPTCY LAW OVERHAUL
- Bankruptcy courts ill-prepared for tsunami of people going broke from coronavirus shutdown
- Bankruptcy Filings Approach 2005 Highs
- Consumer Bankruptcy Filings up 48 Percent
- Private Bankruptcy Filings Are Skyrocketing
2010-06-09 — 13wmaz.com
"Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor Robert Lawless, but few experts believe that debtors are now gaming the system."
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Comments:
MortgageDrummer at 06:01 2010-06-10 said:
That's odd to me...only a fraction file that need to? You use to have equity in your home. . .and would not file. .. No equity! No Equity! NO EQUITY! What are they waiting for? Rip off that band-aid! If we don't get to the bottom , we can't start to dig out. . . Permalinkadd a comment | go to forum thread
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