Foreclosed rates in U.S. continue to drop


Real estate professionals noted that the dropping foreclosure rates in the United States indicate improving economic stability. According to reports, 462,970 U.S. homes underwent foreclosure in 2013, which is a 31% decrease compared to 2012. Homes that complete foreclosure continue to decrease annually in 38 states. RealtyTrac vice president Daren Blomquist expressed optimism that the [...]

Foreclosed rates in U.S. continue to drop2014-01-20T19:53:39+00:00

Country singer files for bankruptcy


Country singer Eddie Montgomery, of the Montgomery Gentry duo, recently filed for Chapter 7 bankruptcy. According to the filing, Montgomery had $13.4 million in liabilities and only $1.9 million in assets. Montgomery's financial troubles stem from his failed Harrodsburg restaurant. Additionally, his finances were hurt by his recent divorce from Tracy Nunan. Montgomery's attorney confirmed [...]

Country singer files for bankruptcy2014-01-07T20:00:58+00:00

Former Oakland A’s baseball player Jose Canseco files for bankruptcy


Former Oakland Athletics baseball player Jose Canseco has filed for Chapter 7 bankruptcy protection, according to the Las Vegas Sun. Canseco was named Rookie of the Year in 1986 and American League MVP in 1988. Canseco's bankruptcy petition lists his assets at less than $21,000 and his liabilities at more than $1.7 million. Nearly a [...]

Former Oakland A’s baseball player Jose Canseco files for bankruptcy2012-08-01T20:48:48+00:00

Bankrupt Young Buck evicted from home


Tennessee rapper Young Buck, 31, was evicted from his mansion following a judge's order that his home be sold to pay back the debt he owes in unpaid taxes. Young Buck, whose real name is David Darnell Brown, owes $334,000 to the IRS. Brown initially filed for Chapter 11 bankruptcy protection to put his debt [...]

Bankrupt Young Buck evicted from home2012-05-21T20:58:25+00:00

“Octomom” bankruptcy thrown out of court


Nadya "Octomom" Suleman's Chapter 7 bankruptcy filing has been thrown out of court by a judge after Suleman failed to file the necessary paperwork, the Washington Post reports. Suleman failed to provide the current paperwork to prove she owes more than $1 million. Bankruptcy court notified the mother of 14 on Monday that she needed [...]

“Octomom” bankruptcy thrown out of court2012-05-18T20:48:34+00:00
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