bankruptcy

Best of Personal Finance: The Cost of Things

Posted May 7, 2009 - 15:47 by Andrea Dickson

Personal Finance

Stuff costs a lot. Stuff we buy, stuff we have, stuff we want to get rid of, stuff we don't buy because we can't afford it, stuff we bought that we can't afford, stuff that isn't stuff, but is actually a service of some kind. This week in the Best of Personal Finance, we looka t the cost of stuff, even stuff you don't really think about.

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Protecting Yourself from Medical Billing Mistakes

Posted April 10, 2009 - 02:18 by Fred Lee

Consumer Affairs

credit care bill

By some estimates, up to 80% of medical bills out there have mistakes on them, so it’s in your best interest to know what you’re being charged for.

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Six options if you're underwater on your mortgage

Posted January 26, 2009 - 07:31 by Philip Brewer

Real Estate and Housing

Flooded doghouse

Of all the changes you might make to live more cheaply, the most fundamental is finding a cheaper place to live. Sadly, it's an option that's largely closed off to people who are underwater on their mortgages. Unless they have cash to cover the difference between what their house will sell for and what they owe, they're pretty much stuck. Here are six options for people in that situation.

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Could Your City Go Bankrupt?

Posted March 18, 2008 - 13:01 by Xin Lu

Personal Finance, Lifestyle, Consumer Affairs, Real Estate and Housing

I never knew that cities in America could file for bankruptcy until recently a Northern California city named Vallejo made the news for being on the edge of bankruptcy. So how does this happen, and what happens to a bankrupt city or municipality?

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Credit Counseling: When you Need it and When you Don't

Posted March 4, 2008 - 17:11 by Nora Dunn

Budgeting, Credit Cards

ladder

So you are up to your eyeballs. Drowning in debt, expenses, and struggling to keep your head above water. You have been reduced to the life of a monk and are still making no headway. Is it time to see a credit counselor?

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Bankruptcy is a good thing

Posted February 14, 2008 - 12:58 by Philip Brewer

Personal Finance

Farms lost in foreclosure

I don't mean that declaring bankruptcy is a good thing--obviously that sucks for everyone involved. But a system of bankruptcy is a good thing. It's good for creditors and debtors, and it's good for the economy.

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