Indianapolis Bankruptcy Law Blog

According to HealthNewsDigest.com, 2.8 million Americans are turning 65 years old in 2011 and becoming eligible for Medicare. While the government program is less expensive than many private health-insurance programs, the out-of-pocket expenses can still add up and cause financial strain, especially for people living on fixed incomes.

Indianapolis foreclosure rates have taken a turn for the worse and rose recently to 3.58 percent of all mortgages. This increase is up from last year's figure of 3.19 percent according to mortgage tracking service Corelogic, which tracks national foreclosure data. Indianapolis has remained higher than the national foreclosure rate, which was 3.44 percent in July.

According to data from RealtyTrac, a company that markets foreclosed properties online, 84 percent of the nation's metro areas saw a decline in home foreclosures during the first half of 2011. The company also reported that the nation-wide foreclosure rate has dropped 29 percent in the past 12 months.

Industry analysts attribute much of the slowdown in foreclosures to the glut of foreclosed properties on which lenders already foreclosed and cannot sell, not to any dramatic turnaround in the country's housing market. Additionally, lenders are being more cautious in how they proceed in foreclosing on homes after the 2010 "robo-signing" scandal over how lenders were having attorneys process foreclosure documents without actually verifying the contents of the documents was accurate - and essentially committing foreclosure fraud.

The current economy is affecting more than taxes and jobs in Indiana. Bankruptcies have skyrocketed, home values have decreased, credit card debts have accumulated, and as a result, marriages are in trouble. Money problems are impacting couples all over the United States. As the economy continues to struggle, more and more couples are deciding to divorce, and finances seem to be a key factor or last straw that is helping to end these marriages.