The Rising Trend of Bankruptcy Among Seniors Bankruptcy, traditionally viewed as a last resort for those overwhelmed with debt, is showing an alarming rise among the elderly population in America. A study from the Consumer Bankruptcy Project revealed that the rate of Americans aged 65 and older filing for bankruptcy has tripled since 1991. This […]
New Bankruptcy Forms Required Under the 2020 Cares Act Over the past few months, you may have heard in the news about the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), which has resulted in items like the national stimulus checks, expanded unemployment insurance and the founding of the Coronavirus Relief Fund, amongst many […]
Federal Reserve Raises Interest Rates: Implications for Individuals, Homeowners, and Borrowers Interest Rates Increasing The recent decision by the Federal Reserve to raise interest rates for the 10th time in just over a year has significant implications for individuals, homeowners, and borrowers. This 0.25 percentage point increase brings the benchmark borrowing rate to a target […]