Even low-risk borrowers facing credit distress
Wendy Lester is caught in the issue that’s worrying lenders, upsetting the credit markets and roiling Wall Street. It’s the credit problem, spreading now from the riskiest borrowers to good ones.
Archive for the 'Bankruptcy' Category
Bankruptcy: Chapter 7 or Chapter 13?
Each year, millions of people file for bankruptcy hoping to create a clean financial slate. For some, it is a last-ditch effort to wipe out debts, but for others it can do more harm than good.