Increase in Bankruptcy Filings in 2010

Community Leader
Registered: 03-17-2003
Increase in Bankruptcy Filings in 2010
4
Tue, 02-01-2011 - 12:00pm
According to the National Bankruptcy Research Center, bankruptcy filings increased by 9% in 2010.
Avatar for beckymk
iVillage Member
Registered: 03-23-1998
Thu, 02-17-2011 - 2:30pm

And I can see why now.

I just tried to call to work with one that is now going to do a lawsuit against us and basically told me that the offer I todl them them was "insulting"

Becky - Mom to Carolyn (17), Aaron (15), Kyle (11) & Luke (8)
Send a free greeting card on me!!
Community Leader
Registered: 03-17-2003
Thu, 02-17-2011 - 5:54pm

Hi beckymk.

It is always surprising to me how many creditors would rather push someone into filing bankruptcy rather than work out a repayment plan so each party can achieve their goal: payment in full.

Avatar for beckymk
iVillage Member
Registered: 03-23-1998
Thu, 02-17-2011 - 7:37pm

"Hi beckymk.

It is always surprising to me how many creditors would rather push someone into filing bankruptcy rather than work out a repayment plan so each party can achieve their goal: payment in full.

Becky - Mom to Carolyn (17), Aaron (15), Kyle (11) & Luke (8)
Send a free greeting card on me!!
iVillage Member
Registered: 10-01-2008
Fri, 02-18-2011 - 1:13pm

Becky, I know that this will work out for you.

Norma


"Patience is the best remedy for every trouble"- Plautus