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May 2012
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Bayou Billionaires

Have you heard about this new show?  It’s called Bayou Billionaires and is about people who are being paid large sums of money by gas companies who are digging for gas in their yards.  From the little that I’ve seen of it so far, they should rename the show, “How to spend all your money [...]

Which States Do Not Allow Deficiency Judgements?

These days it seems like every other house on the block is headed towards foreclosure in some areas of the country.  We’ve seen a few around our neighborhood but overall it’s been relatively light compared to some parts of the country.

When people walk away from a home and the bank forecloses, there is often [...]

Banks Suing For Remaining Mortgage Balance on Foreclosed Homes

As we’ve been living through the foreclosure mess of the last few years, I haven’t heard all that much about the banks going after homeowners for remaining balances on a mortgage once the foreclosure and sale of the property has taken place.  This appears to be on the incline and there is a whole new [...]

Lottery Winner Collecting Food Stamps

Leroy Fick from Saginaw Michigan won a $2 million lottery in 2010.  While this sounds great, somehow Leroy is still receiving food stamps to help put food on his table.  Why?  Well, Leroy took the lump sump payout, bought a new house and a car and then invested the rest.  Since his income is based [...]