Debt Means “Can’t Win for Losing”

ACORN Citizen Wealth Financial Justice

Ponce       Arkansas Community Organizations, one of KABF and ACORN’s partners on many projects, especially those involving financial security for low-and-moderate income families, recently released a report about major debt that is oppressing these families.  The report is called “Can’t Win for Losing,” and that just about says it all, but digging into its outreach …

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Supreme Court Sinks More Homeowners into Permanent Debt

Citizen Wealth Financial Justice Foreclosure Ideas and Issues

New Orleans    In a startling unanimous decision, the US Supreme Court overturned an 11th Circuit Court of Appeals decision finding in favor of Bank of America that even bankruptcy protection does not allow underwater homeowners the ability to escape the obligations of second mortgages.  The impact of the decision allows zombie banks to continue operating …

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