Forest Hill set to offer free prescription discount cards.

As the forces on Capitol Hill continue to hash out details regarding a national plan of attack for rising health care expenses, local governments are looking to find ways of their own to help their residents cope with the current healthcare and economic crisis.  CBS 11 reported today that Forest Hill will begin offering free prescription drug …

Tags: Capitol Hill Health care National League of Cities Prescription drug United States

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… relief has stalled a key part of President Barack Obama’s foreclosure -prevention plan on Capitol Hill.

Mortgage lenders and their supporters on Capitol Hill are not finished shredding the bankruptcy bill that could potentially save millions of homeowners facing foreclosure. First they burdened homeowners with legislation that would require them to prove that they attempted to get a modification from mortgage lenders before filing bankruptcy and now they want to limit the …

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As the forces on Capitol Hill continue to hash out details regarding a national plan of attack for rising health care expenses, local governments are looking to find ways of their own to help their residents cope with the current healthcare and economic crisis. CBS 11 reported today that Forest Hill will begin offering free prescription drug discount cards. Forest Hill City Manager, David Miller, explained the …

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… lowering the value of surrounding homes and making them harder to sell, prosecutors said.” Capitol Hill is still debating the fix.  With the number of households still at risk of foreclosure, concerns continue to grow that foreclosure aid programs are not working or aren’t working fast enough.  Executives of mortgage companies have been asked to defend their lack of progress in light of the amount of money doled out for the program.  They have responded by citing the need for more …

While America has taken quite a beating in this economy, the bankruptcy system has done its job to keep things more stable than not.  What most Americans don’t realize is that Americas’ bankruptcy system is unique and generous to debtors while much of the world lacks a bankruptcy system or if they do have a bankruptcy system, it is inadequate in giving the debtor the type of debt …

In an effort to replenish the Texas unemployment insurance fund, the Texas Workforce Commission has announced that next year two-thirds of Texas businesses will pay nearly three times the unemployment benefits tax they paid this year.

Businesses that pay the minimum state unemployment tax will owe nearly $65 per worker in 2010, up from about $23 this year. Under Texas’ unemployment …

… 42 acre redevelopment site located at the northwest corner of North Central Expressway and Walnut Hill Lane.  The hillside property was slated to become an urban village with housing, retail and office space.  But the development of the site stalled after the credit crunch cut off funding needed to complete the $400 million project.  The lender is hoping a foreclosure sale will help them recoup more than $40 million on debt.

The Walnut Hill project is one of many commercial real estate …

The Consumer Law & Policy blog has a very revealing article about a judge in Indiana that took it upon herself to give indigent debtors a choice–”pay up” or “go to jail.”

The blog writer provided the transcript of an exchange between the debtor and the judge:

The Court: “So we’re here today for you to explain what you’re going to do to pay this off.”

Mr. Button: …

Comment by Derek your banker: … Fargo, Citigroup, Capitol One, Discover, etc. have been …

… the biggest such fall-off since 1967, according to a report issued Wednesday by analyst McGraw-Hill Construction. The sharpest declines will be in the commercial and institutional construction sectors, where starts are likely to fall by 32 percent. And residential building is forecast to drop another 22 percent – the third year of declines, according the McGraw-Hill Texas forecast.”

With so many properties succumbing to foreclosure, the demand for new construction has fallen off …