Economic Realities: Differences Between Chapter 7 and Chapter 13

Most recent statistics and analyses of the economy point to some good news. As a general rule, the economy is improving overall. But that doesn’t mean families aren’t still struggling to get by and recovering from economic hardships from the last few years. The big picture may be getting a little better, but there’s no doubt many individuals are still struggling.… [Read more]

Bank (Still) Behaving Badly: Snatching Homes from Widows

For many months those of us who have been paying attention to financial and economic reports have heard that the economy is growing, albeit too slow for our tastes. That’s great news on a macro level but, on an individual level, it’s all too common to still hear stories about people who are falling through the economic recovery’s cracks.… [Read more]

How Will Banking Reform Sway Undecided Voters?

Back in July, CNBC.com  reported that former Citigroup chairman and CEO Sanford ‘Sandy’ Weill was calling for additional Wall Stret reforms that would break up the major Wall Street banks. At a time when the regulation of the financial industry is playing a major role in the presidential campaign debate, Weill’s comments aren’t likely to be viewed in a positive light by the GOP candidate, Mitt Romney, who has repeatedly called for the Dodd-Frank financial reforms to be repealed.… [Read more]