Monthly Archives: January 2010

The Costs of Homeownership

How Much Will It Cost to Own a Home?

A lot of us tend to hold home ownership us an ideal. We consider renting a thing that is done as a temporary way to get a place to live when there are no other options at the moment. And yet, is buying a home always the right answer? Here is another article with some answers (or more questions): Own or Rent a Home?

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Bankrupcy – 2009 One of the 7 Worst Years Ever

Bankruptcies Up 32% in 2009 Despite Tougher Laws

In spite of the tougher bankruptcy laws, 2009 saw a dramatic increase in bankruptcies. Apparently people were in enough financial distress so that the tougher laws did not scare them off. I just wish that the laws would also get much tougher on the credit industry. In this world, it is certainly debtor beware.

In fact every state saw an increase, though some that were hit hardest by the recession endured the highest portion of the 1.4 million US bankruptcies reported last year When interviewed, a common theme among filers was the fact that 3 years ago they never would have predicted they would be in this situation now.

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