Foreclosures

Rigged Foreclosure Sales

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It seems that people will always find a way to cheat or rig something.    You would hope that when a home goes up for foreclosure that the bidding would be fair. What happens when “friends” get together at a foreclosure sale and set out to get the price below what would normally be paid for […]

Bankruptcy Stats

Bankruptcy Stats – Total Year 2015 (Consumer Cases)

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Bankruptcy Stats 2015 – full year – Consumer Chapter 7:   Down from 66% in 2014 Debtor’s non-exempt assets are liquidated and the non-exempt proceeds distributed to creditors. Chapter 11: One-tenth of one percent of petitions filed by individuals with predominantly consumer debt. Enables businesses and individuals to continue operating while they formulate plans to reorganize […]