Recent Posts in Financial Problems Category

  • Why is Debt Settlement a Bad Idea?

    || 8-May-2017

    Many people don’t want to declare bankruptcy but are still struggling with crippling debt and don’t know where to turn. This has led to the rise of an immense number of debt relief companies who claim they can resolve your debt quickly and easily for a lowered payment and without the impact to your credit score that declaring bankruptcy usually entails. Sound too good to be true? ...
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  • Bankruptcy is More Common than You Think

    || 2-Jan-2014

    For many people, the word "bankruptcy" elicits feelings of fear and uncertainty; for others, the idea of filing a bankruptcy petition is foreign and far-removed. Did you know that approximately 1.5 million people file for bankruptcy every year in the United States? That's more than the entire population of Delaware, and with about 300 million people living in the United States, 1.5 ...
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  • Casey Anthony Files for Bankruptcy with $792,000 in Liabilities

    || 28-Jan-2013

    Twenty-six year old Casey Anthony has filed for bankruptcy protection in Florida, saying that she owes nearly $800,000 and has only $1,084 in the bank. Anthony, who was acquitted of killing her 2-year-old daughter Caylee in 2011, filed for protection under Chapter 7 bankruptcy in a federal court in Tampa on Friday. The debts listed on the bankruptcy filing included $500,000 for attorney fees and ...
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  • San Diego Still Suffering the Effects of the 2008 Financial Crisis

    || 23-Jan-2013

    With homelessness and hunger on the rise in neighborhoods like City Heights, San Diego is still struggling with the unemployment and low housing values that were brought about during our nation's 2008 financial crisis. A reporting team from World Socialist Web Site recently spoke to families and individuals in City Heights, a neighborhood populated with a large number of the working class. ...
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