Billy D. Price, P.C.

Monthly Archives: April 2008

Fri, Apr 18, 2008

The Foreclosure Machine

Posted By Billy D. Price, Dallas Bankruptcy Lawyer in Foreclosure Issues

Doesn’t it seem that a foreclosure is a losing proposition for homeowner’s as well as mortgage companies? Then why are there so many foreclosures lately? Turns out there are other players in the foreclosure game that ARE making money off of foreclosures. Gretchen Morgenson and Jonathan D. Glater published an article entitled the Foreclosure Machine […]

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Fri, Apr 4, 2008

New Bankruptcy Law May Have Actually Intensified Foreclosure Rates

Posted By Billy D. Price, Dallas Bankruptcy Lawyer in Foreclosure Issues

In signing the New Bankruptcy Bill that was enacted on October 17, 2005, President Bush promised that this bill would make credit more affordable and that we would be better off.  Is credit more affordable and are we better off?
That question was explored in a recent article by James Suroweicki in the New Yorker.   He […]

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