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Increased Foreclosure Numbers in Wisconsin On behalf of Debt Advisors, S.C. Data on foreclosure rates across the nation show that Wisconsin experienced a significant increase in foreclosure activity in July 2011. With a 43.3 percent increase in the number of foreclosure filings from the previous month, Wisconsin’s experience contrasted with the declining numbers of foreclosure…

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Proposed Regulatory Changes Would Reduce Foreclosure Threats On behalf of Debt Advisors, S.C. The attorneys general of all 50 states and the heads of five federal agencies are united in support of a series of reforms of the mortgage industry. A 27-page document sent to the five largest home mortgage firms in the U.S. in…

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On behalf of Debt Advisors, S.C. Although the United States is now said to be out of the “Great Recession,” bankruptcy filings continue to rise nationwide. According to the U.S. Bankruptcy Court, “bankruptcy filings rose for the fourth consecutive year in 2010.” In fact, there was a 9.4 percent increase in national bankruptcy filings in the past…

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On behalf of Debt Advisors, S.C. In a troubled economy, banks are finding that an increasing number of homeowners are unable to meet their mortgage payments. Unemployment remains high, and those that have jobs may have seen their standard of living decrease dramatically. Loans that used to be available easily to borrowers are now more…

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On behalf of Debt Advisors, S.C. In February 2010, President Obama announced the “Hardest Hit Fund,” intended to provide assistance for homeowners in the states most affected by the downturn of the housing market and the recession. Under the program, $1.5 billion was initially allocated for innovative measures to help keep people in their homes,…

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