Blog Posts in August, 2011
Posted on Aug 28, 2011 By Jacoby & Jacoby
It is estimated that one in five American homeowners is subject to homeowners' associations. Homeowners' associations levy dues, which may range anywhere from $200 to $500 per month, to cover ...
Continue reading "Homeowners' Associations Taking Active Roles in Foreclosures" »
Posted on Aug 25, 2011 By Jacoby & Jacoby
House Speaker John A. Boehner (R-Ohio) abandoned efforts to reach a comprehensive debt-reduction deal, stating on July 9th that, in spite of efforts to reach a debt reduction agreement, the White ...
Continue reading "Comprehensive Debt-Reduction Efforts Abandoned By House Speaker" »
Posted on Aug 22, 2011 By Jacoby & Jacoby
Andre Rochat, chef and longtime Las Vegas restaurateur, filed for Chapter 11 bankruptcy on July 8 th , along with three of his businesses. Chapter 11 bankruptcy is a form of bankruptcy that involves a ...
Continue reading "Vegas Restaurateur Andre Rochat Files for Bankruptcy" »
Posted on Aug 18, 2011 By Jacoby & Jacoby
Before the job market took a turn for the worse, it used to be that teenagers found summer jobs with relative ease. Even high school drop outs didn't have to spend too long looking for employment. ...
Continue reading "Teens Are Finding It Difficult To Land Summer Jobs" »
Posted on Aug 15, 2011 By Jacoby & Jacoby
Encore Capital Group Inc has been sued by the state of Texas based on allegations that the debt collector was using deceptive and illegal tactics to collect debts from consumers. Texas Attorney ...
Continue reading "Texas Attorney General Files Lawsuit against Debt Collector Encore" »
Posted on Aug 11, 2011 By Jacoby & Jacoby
Through the past decade, debt has become increasingly common for college students throughout the U.S. According to FinAid.org, the amount of student loan debt among graduating college seniors averaged ...
Continue reading "Debt - A Way of Life for College Students in America" »
Posted on Aug 8, 2011 By Jacoby & Jacoby
For the first time last year, student loan debt actually outpaced credit card debt. It is estimated that student loan debt will top one trillion dollars this year. The increase in student loan debt ...
Continue reading "Mounting Student Loan Debt Weighs Heavily on College Graduates" »
Posted on Aug 4, 2011 By Jacoby & Jacoby
Due to the backlog of foreclosure cases throughout the U.S., it appears that homeowners may be experiencing some unexpected relief. Nationwide, new foreclosure cases and repossessions are down by ...
Continue reading "Foreclosure Backlog May Provide Unexpected Relief to Homeowners" »
Posted on Aug 1, 2011 By Jacoby & Jacoby
With millions of property owners throughout the U.S. defaulting on their mortgages and facing foreclosure , two leading lenders are helping borrowers who are not even in default by easing the terms of ...
Continue reading "Easing terms on at-risk loans - are the big banks finally listening?" »