Bankruptcy Monster: How Lenders Create a Monster in Real Estate

This article can be found on msn.com

"Consumer bankruptcy filings are on track to exceed 1 million this year, laying waste to the idea that bankruptcy reform changed anything fundamental about how Americans go broke.

Furthermore, lenders, not consumers, are the ones that seem to be abusing the system these days. According to U.S. Senate testimony, bankruptcy trustees are seeing "systemic problems" with mortgage servicers that...."



Here is a good article about the rate at which people are filing bankruptcy. Bankruptcy is destroying the American Dream. Find it at msn.com