Bankruptcy Filings Drop Ending March, 2013. Less Need for Debt Help.

The latest bankruptcy filing numbers are out for the twelve month period ending March, 2013. In March there were 804,885 chapter 7 bankruptcy filings and 355,081 chapter 13 filings. For a total of 1,159,966. In comparison, in the twelve month period that ended March, 2012 there were 958,757 chapter 7 bankruptcy filings and 396,175 chapter … Read more

Not Passing Out Credit Like Water Holds Back Economic Recovery

A new report out today from the Federal Reserve Bank of San Francisco makes a conclusion is apparently obvious to those of familiar with how the consumer debt relief world works, without a flood of available credit, consumers are not going to drive the economy forward. “A key ingredient of an economic recovery is a … Read more

Post-Recession Charge-Offs Vanishing

An interesting article sent in by a tipster (send in your tips here) from Inside ARM reinforces what has been said here about bad debt declining. The article looks into the vanishing charge off debt and without that debt there is less stimulus for debt relief services. The article says: “So, I decided to do … Read more