Credit and Bankruptcy News…:Bankruptcies for Businesses Up

February 29th, 2008  |  Published in Bankruptcy News and Info

Currently the United States is working through a credit crunch in the consumer housing sector due to a wild ride and bad loaning practices – funding non-credit worthy individuals with little or no money down at too low interest rates at the top of a housing bubble. Should have known better, well yes obviously, but irrational exuberance is part of the realities of Turbulent Economic Times. more…

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