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Finally, a Bailout for Homeowners?

Treasury and the FDIC put together a plan to offer as many as 3 million homeowners lower loan payments for at least five years. Homeowners, at the center of the economic crisis, may get their turn at a helping hand from government. But can they get the help they really need?


Real Reasons to Whine

Maybe we’re whiners for a reason. Bankruptcy filings climbed again in August, providing more proof that people are feeling the strains of a softening economy, creditslips reports.
The August figures show bankruptcy filings have reached a post-2005 high of 4,476 filings per day, notes credit expert Robert Lawless, a University of Illinois law professor. That milestone [...]