From the American Bankruptcy Institute: February Consumer Bankruptcy Filings up 14 Percent over Last Year The 111,693 consumer bankruptcies filed in February represented a 14 percent increase nationwide over the 98,344 filings recorded in February 2009, according to the American … Read More

Click on graph for larger image in new window. This graph shows the historical light vehicle sales (seasonally adjusted annual rate) from the BEA (blue) and an estimate for February (red, light vehicle sales of 10.4 million SAAR from AutoData … Read More

A couple of key points: The ABI is forecasting more personal bankruptcy filings in 2010 than in 2009 (just over 1.4 million) Filings were down 10% from December, but up 15% from January 2009. From the American Bankruptcy Institute: January … Read More

Click on graph for larger image in new window. This graph shows the historical light vehicle sales (seasonally adjusted annual rate) from the BEA (blue) and an estimate for January (red, light vehicle sales of 10.78 million SAAR from AutoData … Read More

If you have had to declare bankruptcy in Texas you are not ineligible for a mortgage loan. For the most part it’s just a matter of time before you can qualify for a loan. Generally speaking you need about 3 … Read More

Buying a home vs. renting in Texas is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely … Read More

If you are in the market for a new home but need some money for down payment, closing costs, etc then you may qualify for a grant from Rockwall County. This is truly free money. It’s on a first come … Read More

From the U.S. Courts: Bankruptcy Filings Up 34 Percent over Last Fiscal Year Bankruptcy cases filed in federal courts for fiscal year 2009 totaled 1,402,816, up 34.5 percent over the 1,042,993 filings reported for the 12-month period ending September 30, … Read More

From the American Bankruptcy Institute: October Consumer Bankruptcy Filings Reach New Highs, Up 28 Percent Over Last Year The 135,913 consumer bankruptcy filings in October represented a 27.9 percent increase over last October’s monthly total of 106,266, according to the … Read More

Press Release: CIT Board of Directors Approves Proceeding with Prepackaged Plan of Reorganization with Overwhelming Support of Debtholders And from the NY Times Dealbook: CIT Files for Bankruptcy On Sunday afternoon, the company filed for Chapter 11 — but under … Read More