Aug 15th 2012 1:00PM
By Christopher Maag Steve Campbell took a big financial hit when his company went bust. Campbell and his wife went broke and filed for Chapter 13 bankruptcy, in which they would have kept some of their debts and continued making payments on them. But Campbell and his wife decided they didn't like the payment plan. The... Continue Reading »
Jul 31st 2012 1:45PM
Despite a judge's ruling that a pair of squatters vacate a Colorado couple's home in two days, two weeks later they are still there, forcing the home's owners to stay put in a relative's basement. Troy and Dayna Donovan (pictured above) had spent a few months away from their home in Littleton, Colo., and when they... Continue Reading »
Mar 24th 2011 10:30AM
The "Great Recession" has been anything but great for most peoples' bottom line. According to the National Bankruptcy Research Center, over 1.5 million people have declared bankruptcy in 2010, while RealtyTrac reports that 1.05 million homes went into foreclosure the same year. Both of these rates are record high... Continue Reading »
Mar 22nd 2011 2:17PM
Facing foreclosure and fed up with the banks trying to take back your home? Well, a foreclosure loophole that helped an Ankeny, Ia., home construction worker and his mortgage loan originator wife win a 2009 court judgment against CitiMortgage, giving them title to their $278,000 house free and clear after only one mortgage... Continue Reading »
Oct 19th 2010 5:02PM
NBA star Kevin Martin (pictured left), who was traded by the Sacramento Kings to the Houston Rockets in February, just received a notice of default on his California home, even though he is set to earn at least $10 million this year. The Rockets guard, who missed his first payment on the $1.5 million loan in June,... Continue Reading »
