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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: joseffy who wrote (36231)10/23/2007 11:51:21 AM
From: Bucky Katt  Read Replies (3) of 48461
 
More Debtors Use Bankruptcy To Keep Homes, from the WSJ>

With loan defaults rising along with many mortgage payments, fast-growing numbers of homeowners are gambling on bankruptcy filings to try to stay in their homes.

Last month, as the nation's housing slump continued, consumer bankruptcy filings increased almost 23% from a year earlier -- representing nearly 69,000 people -- according to the American Bankruptcy Institute, a nonprofit research group whose members include bankruptcy attorneys, judges and lenders. Overall, consumer bankruptcy filings were up 44.76% during the first nine months of this year.

more>http://online.wsj.com/article/SB119309633953367729.html?mod=hpp_us_whats_news
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