20 Jun 2010

National Personal Bankruptcy Chapter 7 and 13 for May

Personal bankruptcy filings for the month of May have increased compared with a year ago, but dropped slightly compared with a month earlier, the American Bankruptcy Institute reported last week. Here’s a breakdown of the data. Total filings: In May 2010, 136,142 personal bankruptcy cases were filed, a nine percent increase from May 2009, when […]

17 Jun 2010

Debt Trouble Warning Signs

Think about this: Just because you can pay your minimum payments each month, does not mean you are financially fit. Low monthly minimum payments benefit the credit card company, the “minimum amount due” is cleverly calculated to keep you trapped in debt for your entire adult life. Do you really want to spend the best […]