Since the recession began in late 2007, we have witnessed several history making economic events. The foreclosure crisis, record breaking underwater mortgages, personal debt burdens hitting all time highs and issues of debt default inching higher each year. While some blame the change in bankruptcy laws in 2005 for part of the economic turmoil, others  … Read more

Dallas bankruptcy courts have seen their fair share of families suffering financial hardship at the hands of a struggling economy. While some economists predict recovery is far on the horizon, others are more hopeful as they point towards some promising signs. Predicting The Unpredictable It is hard to say with confidence whether we are truly  … Read more

San Bernardino is just one of California’s cities struggling with debt in a turbulent economy. Having filed for Chapter 11 bankruptcy early last month, the city recently made some important decisions in their debt restructuring efforts. All In Favor? Last week, city officials met late into the night discussing possible solutions for their debts troubles.  … Read more

While no one is bold enough to say that our economy today is headed for a complete reform or that we are performing well by any standards, there are some signs that things have improved and continue to look up in the near future. Although things could be much worse, there is still one major  … Read more

There is no question that our economy has been struggling for quite some time. As reports continue to show improvements in the job market and unemployment rate, many are beginning to feel hopeful. However, we are far from being out of the woods and still have some big threats lurking around the corner. Personal Debt  … Read more

President Obama announced on Saturday that he is seeing positive signs that the economy may be recovering faster than expected. As part of his initiative to urge Congress to extend the payroll-tax cut through 2012 and make a few additional strategic moves, the President expressed his content with the current growth rate of the economy.  … Read more

There have been several reports lately about possible signs that could indicate economic recovery. As bankruptcy filings continue to decrease so has the number of consumer’s defaulting on debt payments. Further, estimates of fourth quarter gains in 2011 also reveal some hopeful indications that the tides may be changing. Hopeful Notes Year end growth reports  … Read more

The year 2011 was filled with ominous new reports of national debt problems, continued foreclosure problems, increased bankruptcy filings and a staggering unemployment rate. After much debate about how to alleviate such problems and prevent abuse of government assistance programs, very little conclusion was reached by the year’s end. However, a new report about the  … Read more

Even though the past few years have been rough on the pockets of most Americans, this year the pity party seems to be drawing to a close. Despite a challenging economy and tough debt battles, many Americans are spending more on holiday decor this season that they have in several years. The Bells And Whistles  … Read more

Our nation has faced many challenges over the past few years, including a sharp housing market fall, a spike in the unemployment rate and increase in bankruptcy filings. Economic growth and deficit reduction have been at the forefront of political talks for months. Despite a significant drop in consumer confidence over the past year, reports  … Read more