Top 10 List Of Consumer Complaints Include Credit Cards and Predatory Lending/Mortgages Source: National Association of Attorneys General In a sign of the economic times, credit cards and predatory lending/mortgages cracked the national top 10 list of consumer complaints to state Attorneys General offices in the year 2008. The top three: debt collection, auto sales, and home repair/construction remained the same from year 2007. The findings are based on an annual non-scientific survey co

Before, filing for bankruptcy seemed like storing a letter on your coffer. Individuals who have made bankruptcy are usually pariahs and outcast. Bankruptcy was like a communicable disease that nobody wishes to be involved with the person because of fear to be recluse. These days, bankruptcy does not longer possess the same negative impacts like it used to have. Even people who are considered as the most successful individuals in the world have also faced such predicament. These individuals hit

consumer law The number of court bankruptcy forms being submitted went up by 78% in the first quarter of 2009. There are many reasons why you may be seeking a bankruptcy form, such as sudden unemployment, skyrocketing health care costs, impending foreclosure, divorce or the inability to take out a loan. “Compared to 18 months ago,” explains Professor Robert M. Lawless of the University of Illinois, “the American consumer does not have the same ability to borrow in an attempt to stave off

This is especially for debtors whose income is regular and who want to adjust the debts by repaying over a span of 3 to 5 years. Chapter 13 Introduction The Chapter 13 Bankruptcy is known as a plan for wage earners. This plan facilitates the debtors with stable income to repay the part of or all the debt through installments over a period of 3 to 5 years. The duration of chapter 13 bankruptcies can be 3 years if the present monthly income of the debtor is less than the state median tha

This is especially for debtors whose income is regular and who want to adjust the debts by repaying over a span of 3 to 5 years. Chapter 13 Introduction The Chapter 13 Bankruptcy is known as a plan for wage earners. This plan facilitates the debtors with stable income to repay the part of or all the debt through installments over a period of 3 to 5 years. The duration of chapter 13 bankruptcies can be 3 years if the present monthly income of the debtor is less than the state median tha