Tag Archives: 3-observations
The Mortgage Crisis
John Stossel has some interesting thoughts about the mortgage crisis, subprime crisis, financial crisis, disaster and credit crunch.
Thoughts?
Continued here: The Mortgage Crisis
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How long does bankruptcy stay on a credit report?
This is one of those bankruptcy FAQs: people are confused about bankruptcy reporting, and think it’s like all other credit reporting (seven years).
Question: how long does a bankruptcy stay on your credit report?
Answer: Ten (10) years. Source: FTC
See more here: How long does bankruptcy stay on a credit report?
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Business bankruptcy: Chapter 11 for 2
Frontier Airlines and Linens and Things both might need to have a reorganization, it was reported Friday. Note that these are different than Chapter 13 bankruptcy, which is a much smaller reorganization (and more common).
View original here: Business bankruptcy: Chapter 11 for 2
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Chuckle o’ the Day
You are stuck with your debt if you can’t budge it.
Excerpt from:
