Word: morely
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The statistics show that Chapter 7 bankruptcy filings are rising faster than the more complex Chapter 13 filings. While the latter requires individuals to repay a substantial portion of their debt and prevents banks from foreclosing on their homes, Chapter 7 bankruptcy allows a debtor to wipe out his or...
That change suggests that more home owners are simply walking away from their mortgages, rather than attempting to make payments, especially during a recession with record-high long-term unemployment. "Chapter 13 was designed for regular economic times when people might lose their jobs and fall behind on their mortgage...
According to Jay Brinkmann, chief economist of the Mortgage Bankers Association (MBA), "Loans 90 days or more past due now account for half of all delinquencies, the highest share in the history of the MBA survey."
In San Diego and Imperial counties alone, bankruptcy filings have increased 379%, spiking from 4,210 in 2006, the peak of the housing boom, to 20,193 in 2009. Nationally, more than 1.4 million business and consumer bankruptcy petitions were filed in 2009, up 32% from the 2008 figure, and...
History 2.0 Tom Hanks deserves our admiration, but is he really our "chronicler in chief" [March 15]? I've been reading World War II history for more than 50 years, and when I read that Hanks thinks the writing of academic historians is "often too dull to grab regular people...