Prof.Alex

Getting a mortgage never seems easy....

Arkansas bankruptcy filings for farmers has almost surpassed last year's figures. I think the media ignores this issue, including the why part, & focuses instead on large corp. It's understandable why, but think of the effects on a local level & nationality for consumers. It's all interconnected.

I do remember them daily to be honest!

Day of the Dead for Pets! Great Idea! My doggies are long gone, but they we were all awesome!!! The laughs, smiles, and memories they gave me can never be taken away!!

Lol.

Anyone else see a job posting, maybe even that same day you go apply, and poof! Gone. Expired!

Im keep getting on needing fuel...

Meanwhile me getting a mortgage is difficult bc its under $50k. I might actually have to put down less, get approved, then when I close pay down the mortgage. Beyond idiotic.

We all gotta wear shades. youtu.be/lqkxd32dbwM?...

Bankruptcy filings have risen across the board for businesses, consumers, and farmers. Arkansas leads the country in farmer bankruptcies (Chapter 12).

Here are the latest stats on bankruptcy filings.

The Century Foundation states that for every 52 cents of every worker dollar gained, is lost to debt!

I was thinking of what to start packing today, so I thought of glassware. Then I realized the days of getting the Sunday Newspaper for packing are long gone....

The way the bankruptcy code is written, this always happens. That LIV Golf would do it is predictable. But do it as a consumer.... This is why I always say the bankruptcy laws are written to protect creditors and corporations, not you!

As I continue to "enjoy" home shopping, it can't be under contract and back on the market. And personally, I wouldn't call for a "backup" offer, other than to go lower than the current buyer.

Besides most people struggling with the rising cost of everything, it's little things like this that add to the stress. Is it really necessary to tell me one month in advance I have a bill due?

When I saw a long list of things to do, I move on. Inevitably you miss something and then there's a $ dispute I have no time for. Cleaning, maintenance are the costs of doing business.

If there's an AI bust, 2008 will look like good times.

House hunting is always interesting. Here's the perfect spot for the television in the living room, but for some reason, they put a sink there....🤔

It's been a while, but I just saw a Hummer. The first thing I thought about was gas prices and how that person feels every time they go to the pump.

It's why I say the economy is smoke and mirrors, until a fan blows away the smoke.

Getty Images filed for bankruptcy. As Bob Dylan once said: the times are a changing.

Corporate America sends an email on Friday at 4:55 pm saying goodbye. Then security walks you out.

Per Bank of America, a 1% Fed rate hike costs the Treasury $95 billion a year more in interest.

This is going to get complicated if interest rates go up again in December.

That about sums it up.

Feds expected to raise rates again in December.

Per Edmunds, 1 of every 5 car loans are at $1k a month.

I agree. The AI boom is propping up the economy. But it can't do so forever and for how much longer will investors and banks throw money at a product that isn't profitable at the time?

Imagine the chaos that can be created if the courts get hacked...

Is now the time to buy?

There's a lot to be said about the good ol' days. We do get bombarded endlessly. I forget the year referred to, but I read in a book that our brain activity matches that of a schizophrenic in x year. For ex:, I just got noticed for my "upcoming " credit card bill. Payment is due November 12th!

Money Management Intl. is a non-profit credit counselor. They hit $1 billion in client debt in June, the highest amount since 2013!

Never say never.... I posted about a month ago; it's unlikely I would be dealing with an HOA anytime soon. Here I am shopping for condos and, at times, getting sticker shock at how much is charged.

As I am shopping for a condo, it's eye-opening to see a $40k-$70k drop in the sales price within a few months!

Use those storage/moving pods, or rent a U-Haul truck for $500 🤔

Condo shopping has not been fun. Dear Realtors: Is the condo on the first floor? If not, are there elevators? Are pets allowed?

Why?

Bankruptcy filings have risen consistently for all Chapters: Business, Personal, and Farmers. #bankruptcyblog

It's been 1.5 years since I said we would revisit 2008. Well, every day, those predictions seem to become more and more true.

Those charts should be reversed, but they aren't, and won't be for a very long time, if ever....

So AI which is propping up the stock market and the economy, however not profitable as of yet, now Microsoft will limit usage? I see a lot of angles to this🤔

Here's the follow up video on why I lost 60 points on my credit score 🤔

Has anyone else applied for an out-of-town job, and then within a couple of hours, started getting phone calls from that area? Weird. These are jobs through Indeed.

Interest rates are up. I'm seeing condos drop $60-70k this year alone!!! #bankruptcyblog Source: Bloomberg

Poof! 60 Points gone from my credit score. The credit score system wasn't designed to protect you. It's designed to protect creditors! #bankruptcyblog

It's not surprising but at the same time it is. Getty Images is reported to be filing for bankruptcy soon.

Commercial mortgage office delinquencies have reached 12.2%, worse than in 2008 and the Great Recession. This is the 2nd-highest level in history. The worst? January at 12.3%. Source: Trepp. #bankruptcyblog