There were 2,431 Dallas- Fort Worth commercial real estate foreclosures in 2009, that’s up from 1,900 commercial foreclosures in 2008.

The biggest rise in commercial foreclosure filings in 2009 was in postings for office – up 121 percent – and retail buildings, up 20 percent.  Foreclosure filings for commercial land also increased by 71 percent compared with 2008. Apartments were near the top of …

Comment by uberVU – social comments: … by allmandandlee: Dallas-Fort Worth Commercial Real …

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Category: Dallas Bankruptcy , Economy , Foreclosures , Unemployment - Job Loss

Tags: dallas foreclosure North Texas

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More than 5.7 percent of Dallas- Fort Worth homeowners are more than 90 days delinquent on their mortgage and facing a possible foreclosure.  Plus, another 1.41 percent of Dallas-Fort Worth homeowners are already in foreclosure.  The irony of this is that we are constantly being told that the recession is clearing and that things are getting better.  But all the while Dallas-Fort Worth homeowners are risking …

Category: Dallas Bankruptcy , Economy , Foreclosures , Fort Worth Bankruptcy

Tags: Arlington Bedford Colleyville dallas Desoto Euless foreclosure fort worth Grand Prairie Grapevine Hurst North Richland Hills Plano Richland Hills Southlake

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Review your coverage during open enrollment

According to an article this Sunday in the Dallas Morning News, “It’s open season, and time to rethink your health plan,” this is the year to rework and review your health insurance coverage. Over the last several months, many workers crammed in last minute medical care in anticipation of job loss and thereby insurance coverage.  As a result, insurance companies paid out a higher numbers of claims and incurred more expenses.  …

Category: Dallas Lawyer , Economy , Fort Worth Lawyer , Medical Bills

According to an article in the Star-Telegram, Dallas- Fort Worth has one of the worst oversupply of condos in the country.  Dallas alone has a five-year supply of million-dollar condo units sitting empty.  The high priced condos account for 1 out of every 4 condos in foreclosure The glut of condos have been hurting prices and forcing many condo owners into foreclosure because they simply can’t sell their units for anywhere near what …

Category: Dallas Attorney , Economy , Foreclosures , Fort Worth Attorney , Loans / Mortgages , Unemployment - Job Loss

Tags: Dallas-Fort Worth foreclosure Mortgage

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According to an article in the Dallas Morning News, more than 250 Dallas- Fort Worth area commercial and investment properties are facing foreclosure in October. The properties have more than $400 million in debt attached to them and included in the foreclosure filings are several large developments.

The article said:

“The just-completed Two Addison Circle office building on the Dallas North Tollway is scheduled for …

Category: Dallas Bankruptcy , Foreclosures , Fort Worth Bankruptcy

Tags: dallas foreclosure fort worth Real estate

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According to an article in the Dallas Morning News, the number foreclosures scheduled for next month in the Dallas- Fort Worth area  increased by 34 percent from a year ago.

The article said:

“Much of the increase is due to loan modification programs, which have delayed foreclosures from previous months. Almost 6,000 homes are scheduled to be sold at foreclosure next month…”

And some of the foreclosures are …

Category: Bankruptcy , Dallas Bankruptcy , Economy , Foreclosures , Fort Worth Bankruptcy , Loans / Mortgages , Subprime Mortgages

Tags: Dallas-Fort Worth foreclosure Mortgage

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… If you have any specific questions, a bankruptcy attorney can help you.  Make sure to contact a Dallas-Fort Worth bankruptcy attorney today.

Category: Credit Card Negotiation , Credit Crisis , Dallas Lawyer

… be compared to others.  If you find yourself drowning in a sea of debt, be sure to contact a Dallas-Fort Worth bankruptcy attorney today.

Category: Chapter 11 Bankruptcy , Dallas Lawyer

According to an article in the Dallas Morning News, federal regulators will require that all credit card companies make consumer credit card statements easier to understand. This includes:

*Telling credit card consumers via their statements exactly how long if will take to pay off their balance if they make only the minimum payment.

*Using plain language, credit card companies will place APRs and fees with their …

Category: Breaking News , Credit Crisis , Dallas Lawyer

According to an article in the Dallas Morning News, Texas construction starts are expected to drop by more than 20 percent this year due to foreclosures, bankruptcy and the tightening of the credit access for construction companies and investors.

The article said:

“It’s the biggest such fall-off since 1967, according to a report issued Wednesday by analyst McGraw-Hill Construction. The sharpest declines will be in …

Category: Bankruptcy , Credit Crisis , Dallas Lawyer , Economy

… formed in 1997 by the merger of Harris Methodist in Tarrant County and Presbyterian Healthcare in Dallas.”

What’s happening is that many hospitals are being inundated with patients who no have health insurance. Many of these patients have suffered a job loss and other financial difficulties and simply can’t afford to pay their bills. Even if hospitals attempt to collect using traditional collection methods such as lawsuits and bank account seizures, many patients don’t have any …

Category: Dallas Lawyer , Medical Bills , Unemployment - Job Loss

According to an article in the Dallas Morning News, Dallas- Fort Worth area apartment rents are seeing declines by as much as 8 percent in some Dallas-Fort Worth neighborhoods. Also, Dallas-Fort Worth apartment vacancy rates are at 10 percent, despite the rise in foreclosures throughout the community.

The article said:

“So far this year, North Texas tenants have moved out of more than 6,900 apartments than were …

Category: Breaking News , Dallas Lawyer , Foreclosures

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