Types Of Bankruptcy

GMAC Mortgage Unit's Subprime Losses to Hurt Earnings (Update1) (Bloomberg.com)  March 28 (Bloomberg) -- GMAC LLC said losses at its Residential Capital home mortgage division, which lends to borrowers with weak credit, will hurt profit this year as defaults and


Mortgage Lender to Consolidate (New York Times)  LOS ANGELES, May 2 (AP) The parent company of the Ameriquest Mortgage Company and Town and Country Credit said on Tuesday that it would close all of its 229 branch


Home equity through the roof (Reg Req'd)  Rising home prices have created more than $1 trillion in additional equity for California homeowners over the past five years, according to a report from the California Building Industry Association


Union homeowners know too little about their mortgage payment, survey says (Santa Cruz Sentinel)  A national survey released Monday by the AFL-CIO reports that 49 percent of homeowners with adjustable rate mortgages admit they do not know how their mortgage adjusts and 73 percent


Redecorate with a plan, not a purchase  Position: Owner of the Louisville franchise of Interiors by Decorating Den and co-author, with Dick Pirozzolo, of "Timberframe Interiors" . Corzine lives and works in Prospect.via


Till reno do us part  "A lot of homeowners don't understand how much work it takes" Since Web designer Emira Mears and her boyfriend, Martin Larsen, bought a 1940s fixer-upper home in Vancouver two

September 17th, 2005

Bankruptcy deluge floods courts as deadline approaches

The new bankruptcy law that kicks in Oct. 17 is prompting a rush to the courthouse as people take advantage of what may be their last chance to wipe out credit card and other unsecured debt.

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