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View Article  Stupid Investment of the Week
Blog sponsored by Bankrupt-Law.com


A 50-year mortgage is just too much of a stretch
By Chuck Jaffe, MarketWatch
Last Update: 10:34 AM ET May 12, 2006


BOSTON (MarketWatch) -- Take the worst problems of one stupid investment
and mix it with the biggest concerns of another and you wind up with a
Stupid Investment of the Week to the second power.
And that's precisely what you will get if you fall for a 50-year
mortgage, a relatively new product that ...   more »
View Article  NACBA Files Suit to Have Provisions of New Law Held Unconstitutional

NACBA, along with the Connecticut Bar Association, has filed suit in the Connecticut federal court to have the "debt relief agency" provisions of the new bankruptcy law held unconstitutional if they are applied to attorneys. The suit seeks a preliminary injunction prohibiting their application to attorneys, including all NACBA members.

Read the 5/11/06 Press Release

   more »
View Article  Bankruptcy filings soaring again
Blog sponsored by Bankrupt-Law.com


The Basics
Bankruptcy filings soaring again

It looks as if last year's reform law did not really stem the enormous flood
of bankruptcies after all. Here are the states with the highest bankruptcy
rates.

By Liz Pulliam Weston

The lull in bankruptcy filings may already be a thing of the past.

Consumer bankruptcy cases plunged to a 20-year low in the first three months
of 2006, reflecting the passage of a tough new bankruptcy law last ...   more »
View Article  Before You Enter a Check Cashing Store
Blog sponsored by Bankrupt-Law.com


Some people rely on check cashing stores to cash their payroll, government,
or personal checks. These corner stores charge customers very high fees for
their check cashing needs. If you use check cashing stores, you should be
aware that there are less expensive ways to cash that check.
You can avoid paying high fees by opening or using a basic checking or
savings account at a bank, savings and loan, or credit union. Think about
the ...   more »