tag:blogger.com,1999:blog-18675105.post113336237971423263..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Check this ponzi out - borrowers doing refi in order to take cash out to pay their mortgagebloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-18675105.post-1137693281854716412006-01-19T17:54:00.000+00:002006-01-19T17:54:00.000+00:00Everyone needs a good attorney at some point in ti...Everyone needs a good attorney at some point in time. If you are looking for <A HREF="http://cgi.tripod.com/miamibankruptcy/cgi-bin/index.pl?bank=bankruptcy" REL="nofollow">delphi bankruptcy</A> make sure have all the resources at your fingertips. <BR/><BR/>The website http://cgi.tripod.com/miamibankruptcy/cgi-bin/index.pl?bank=bankruptcy has a great informational directory on delphi bankruptcy so you can find exactly what you need.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133410808207504852005-12-01T04:20:00.000+00:002005-12-01T04:20:00.000+00:00so knowing what we know, seeing what we see, besid...so knowing what we know, seeing what we see, besides selling your house and renting, suggestions for money-making plays now?bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133406804456089402005-12-01T03:13:00.000+00:002005-12-01T03:13:00.000+00:00Of course this year was a great year to pass the B...Of course this year was a great year to pass the BK bill. Every home owner believes they are a year or two away from being a millionaire. Better to pass when the getting is good than when people are going bankrupt in records numbers, which will happen within 3 years.Wes Dhttps://www.blogger.com/profile/03801362902621931257noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133388150255177332005-11-30T22:02:00.000+00:002005-11-30T22:02:00.000+00:00The story continues:So now our Mr./Mrs./Ms. Has hi...The story continues:<BR/><BR/>So now our Mr./Mrs./Ms. Has his Bankruptcy:<BR/><BR/>The telephone calls from work to the lawyer, time off for court, (usually extended lunch hours), the diminished work performance has progressed because of worry, ect. ect. So...."Your Fired".<BR/><BR/>P. S. The Lawyer wants his pay.<BR/><BR/>People are not automatons this housing bubble burst, (I call Crash and Burn) is going to take a great tole.. <BR/><BR/>The rut gets deeper.41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133383695373827832005-11-30T20:48:00.000+00:002005-11-30T20:48:00.000+00:00The story continues:So a person takes out some kin...The story continues:<BR/><BR/>So a person takes out some kind of bankruptcy. By 2007 lending institutions have learned their lesson and tighten up lending scrutiny, (no loans to bankrupt - no credit cards to bankrupt)...<BR/><BR/>that soap box daytime person still is in a mess. Stuck in a rut.41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133372386158545122005-11-30T17:39:00.000+00:002005-11-30T17:39:00.000+00:0041 - and don't forget - they can't file for bankru...41 - and don't forget - they can't file for bankruptcy - chapter 11 - anymore either<BR/><BR/>ouch!bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133371971856571742005-11-30T17:32:00.000+00:002005-11-30T17:32:00.000+00:00To continue the story:Mr./Mrs./Ms. and or Family:P...To continue the story:<BR/><BR/>Mr./Mrs./Ms. and or Family:<BR/><BR/>Purchase a home in 2005. Then that home in 2007 is worth on the market $75,000 less that the mortgage owed. <BR/><BR/>They would like to move but don't have the extra $75,000 cash to pay off the mortgage when the home sells. <BR/><BR/>They are stuck in the rut. <BR/>They have no extra monies to buy a needed car. No cash in the equity of the home to buy the car.<BR/><BR/>The mortgage payment increases because of the ARM terms. <BR/><BR/>No night out at the theatre, ball games, or even dinner at the local diner. Maybe Bic Mac. But no gas to go very far. On, On, On, ect, ect. <BR/><BR/>How many people will be in this mess?41cadillachttps://www.blogger.com/profile/15088072282360210414noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1133363400292345712005-11-30T15:10:00.000+00:002005-11-30T15:10:00.000+00:00Very interesting insight into why the bankrupcy bi...Very interesting insight into why the bankrupcy bill was passed when it was. From the mainstream news coverage at the time, you would think that the was passed because of all those silly people who were charging up their credit cards on expensive vacations and gold hats.Katyhttps://www.blogger.com/profile/04950895061236325396noreply@blogger.com