The ex-singer for the English girl band “Sugababes,” Mutya Buena, recently declared bankruptcy due to an unsettled tax bill, an article on Mail Online stated September 26.Documents forwarded to Companies House revealed that Buena, 29, had overwhelming personal and...
Birmingham Bankruptcy
Student loan debt burdens baby boomers
According to research, the amount of student debt held by the American elderly has escalated in recent years, the New York Times reported on September 12.According to the “Household Debt and Credit Report,” unsettled student loan debts held by senior citizens...
Depression symptoms related to unsecured debt
According to a recent study, older people are likely to exhibit signs of depression if they are plagued with a certain amount of unsecured debt, a Newsday article stated on August 1.In the study conducted at Rutgers University, the researchers...
Sports mogul Steve Donner bankrupt
Former owner of the Amerks and Knighthawks, Steve Donner filed for bankruptcy in Florida, the Democrat & Chronicle stated on July 3.The 57-year-old sports mogul and his wife reportedly filed for Chapter 7 bankruptcy last May. Donner, who had an outstanding debt of...
U.S. foreclosure activity steadily decreased in the last 8 years
A recent report by real estate firm RealtyTrac stated that there has been a steady decline in foreclosure activity in the last eight years, CNBC reported on June 10.Reports said that in May, banks acquired fewer homes and property owners filed for fewer...
University athletes also burdened by student debt
College students in the U.S. who represent their schools through sports are also burdened by student debt after school is over, a Forbes article stated on June 3.Though some college jocks are privileged enough to be rewarded with complete or partial...
Number of foreclosures drop in 2013, reaching a six year low
A huge improvement in the U.S. housing market was observed in 2013 after the number of homes entering foreclosure not only continued to decrease, but also hit a six year low, according to real estate information firm RealtyTrac.A decrease of 31 percent was observed in...
Study shows southerners owe more in auto loans
A recent analysis showed that most people who owe a lot on their auto loans live in the southern cities of America, a USA TODAY report showed on Saturday, November 16.According to a recent analysis by Manilla.com, Shreveport, New Orleans, and Houston were on the top...
Governor Bentley announces new measure to protect against payday loans
On September 18, Alabama Governor Robert Bentley signed a new consumer protection measure that will help people from taking on exorbitant debts as a result of payday loans.As the Alabama Deferred Presentment Services Act does not allow payday lenders to give people...
Homes undergoing foreclosure and repossession in U.S. decrease
The number of homeowners who are undergoing the foreclosure process or had their homes repossessed by banks dropped last month, a foreclosure listing firm said on July 11.Housing recovery in the U.S. continues to strengthen due to steady jobs, low interest rates,...