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Blog Posts in June, 2011

Representative Says Country Should Declare Bankruptcy

Absolutely distraught by the financial state of affairs in America, one Republican representative has proposed that the country claim bankruptcy. According to Rep. Ron Paul (R-Texas), bankruptcy is a ...
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Failed Judgment Leads to Bankruptcy Filing

After a federal judgment didn't go as planned, Patricia Kluge has decided to file for Chapter 7 bankruptcy along with her husband. After negotiations with their three banks were unsuccessful, Kluge ...
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Put an End to Creditor Abuse Now

Have you recently become a victim of creditor abuse ? Even if you owe thousands of dollars, you still have rights that protect you from further abuse from creditors. If a creditor has been calling ...
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New Foreclosure Counseling Center to Open in Arlington

A new counseling center in Arlington is designed to help homeowners learn more about their mortgages and how to avoid foreclosure. If you live in Tarrant County and are having difficulty making your ...
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Xanadoo Hopes Loan Will Help with Chapter 11 Case

Xanadoo Co., a high-speed wireless internet provider, will give a $1.6 million loan to its subsidiaries to pull them through the initial bankruptcy period. Court papers show that Xanadoo Co., which is ...
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Fannie Mae Issues Two Important Announcements

After last year's nationwide foreclosure disaster, Fannie Mae has issued two announcements to its servicers this week. These announcements include new guidelines that will change the way that ...
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Tips to Control Your Debt

Are you currently in debt? Are you seeking some debt relief ? While there is no magic way to make your debts disappear, it is possible to bring your debt under control. One simple way to accomplish ...
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Calpine Corporation Close to Completing Chapter 11

Calpine Corporation is nearly done with its Chapter 11 bankruptcy plan. The company announced this week that the last significant claim remaining from its Chapter 11 bankruptcy will be settled this ...
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Knowing the Foreclosure Process

Are you in danger of losing your home? Have the late notices been piling up? If so, you should become aware of how the foreclosure process works. A lender will send out a default notice to the debtor, ...
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