Mortgage Debt Continues to be a Drag on the Economy
The Federal Reserve Bank of New York released itsHousehold Debt and Credit Report for Q4 2014. One key chart is the percentage of...
Number of Auto Loans Surpass Mortgage Loans
The Federal Reserve Bank of New York released its Household Debt and Credit Report for Q4 2014. The results are unsurprising: more debt...
Debtor Denied Bankruptcy Discharge For Inadequate Financial Records
A cautionary tale of a real estate investor who thought he could just say "I lost everything" without having the documentation to back up...
11 Reality Checks for Lawyers Seeking a New Career Path
When you spend enough time around lawyers, you learn that lawyers love to complain. Maybe that’s why a lawsuit is called a Complaint....
Some Ugly Truths About the Bank Bailouts
131 banks in America are still in the Troubled Asset Relief Program, and, according to this article and the report of the Special...
The Higher Education Bubble (Part 4)
Why Business Owners Should Care About the Dangers of Student Loan Defaults Part 4: If institutions fail, the economic impact spreads...