Credit card holders who have splurged during the holiday season may consider the following tips to possibly lessen the headaches come repayment time, a Market Watch article stated on January 5 . • Credit card holders may want to pay their cards with the highest...
Chapter 13
Atlanta rapper’s mansion lost to foreclosure
Well-known hip hop artist and music producer Jermaine Dupri failed to pay his mortgage, resulting in foreclosure proceedings, a December 11 article by WSB-TV 2 stated. Reports said the Atlanta native musician defaulted $2.5 million on his 9,441 sq/ft mansion in Fulton...
Increase in nationwide foreclosure activity in October
National Mortgage Professional reported on November 13 that U.S. foreclosure activity grew by 15 percent in October. Recent data supplied by RealtyTrac showed that a total of 123,109 homes in the U.S. were in different stages of foreclosure in October, making it the...
Workable tips student loan borrowers may consider
Student loan borrowers who are facing trouble repaying their balance may consider the following tips in order to best manage their debts:• Be sure to closely review the terms of your loan as there will likely be a range of repayment options available. • Individuals...
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...
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...
Ex-Baywatch actress seeks bankruptcy protection
Nicole Eggert, who is well-known for her Baywatch role, recently filed for Chapter 13 bankruptcy to protect her property.According to reports, the 42-year-old actress will have an opportunity to continue paying her mortgage to prevent her house from being liquidated....
Aaron Carter files for bankruptcy
Pop artist Aaron Carter recently sought bankruptcy protection due to a debt of more than $2 million, a majority of which was unpaid back taxes, an article from CNN reported on Friday, November 22.According to the bankruptcy petition filed by Carter, the former teen...