Study: Americans are Spending Smarter… Sort Of
A study recently conducted by the National Foundation for Credit Counseling has found that, as a result of the Great Recession, Americans are more interested than before in paying down our debts. But, it seems, we still don’t quite have the financial habits that will get us to that goal. Eliminating Debt by Watching Your [...]
Blockbuster planning mid-September bankruptcy
Blockbuster recently told movie studios and their senior creditors that they are looking at filing for bankruptcy in mid-September. The movie rental company, which has suffered since the growing popularity of Netflix and Redbox, owes almost $1 billion in debt. Blockbuster stock was closed last month at 11 cents a share after being delisted from [...]
Indianapolis Bankruptcy Lawyer Reads About Bankruptcy in the Indianapolis Star
It’s natural – my profession as a debt consolidation lawyer offering bankruptcy services in Indiana keeps me focused on unpaid debt. But, reading the Indianapolis Star a week or so ago, I realized I’m not the only one focused on the subject. “Debt collectors have dumped a mountain of unpaid credit card obligations and other [...]
Brand Name Prescription Drug Cost on the Rise, May Lead to Higher Medical Bills
A recent study by the America Association for Retired Persons reveals that older Americans are using more brand-name prescription drug products. As reported on in the New York Times, brand name drugs are often more costly than their generic counterparts, and this finding could signal a significant increase in the medical bills of many seniors. [...]
Mortgage Foreclosures & Delinquencies
In light of some mixed news about housing and foreclosure for the second quarter of this year, the outlook isn’t too rosy for the short-term future of the nation’s real estate market, a recent New York Times article notes. Here’s a look at some of the numbers released recently by the Mortgage Bankers Association and [...]