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2 Articles match "Chapter 7","Michigan","Stop"
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The Latest from RealtyTrac
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July Foreclosure Report
People renting can have financial problems, and they can stop paying rent, but they cant have foreclosures because they dont have mortgags. Oil prices causing Big Three to perhaps collapse, and ripple effects in economy of Michigan alone could crash the entire U.S. People in denial, in either case, the foreclosure and housing bubble based on hype and future growth and promises were a lie to begin with, and as fundamentals ,especially U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
BK' Doesn't Stand for Burger King
Back in the early 1990s, in addition to double-digit interest rates, high unemployment and a flood of foreclosures on the market, another telltale sign that we were in a recession was an abundance of personal bankruptcies — especially Chapter 7 which wiped out all of a debtor’s unsecured debt. According to published reports, more than 2 million Chapter 7 bankruptcies were filed that year (an all-time high) right before the new bankruptcy law went into effect. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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-
BK' Doesn't Stand for Burger King
Back in the early 1990s, in addition to double-digit interest rates, high unemployment and a flood of foreclosures on the market, another telltale sign that we were in a recession was an abundance of personal bankruptcies — especially Chapter 7 which wiped out all of a debtor’s unsecured debt. According to published reports, more than 2 million Chapter 7 bankruptcies were filed that year (an all-time high) right before the new bankruptcy law went into effect. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
July Foreclosure Report
People renting can have financial problems, and they can stop paying rent, but they cant have foreclosures because they dont have mortgags. Oil prices causing Big Three to perhaps collapse, and ripple effects in economy of Michigan alone could crash the entire U.S. People in denial, in either case, the foreclosure and housing bubble based on hype and future growth and promises were a lie to begin with, and as fundamentals ,especially U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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