Bankruptcy’s often overlooked tie to homeownership

posted by Bradley Markano | March 28, 2012 | In Charts, Economic Indicators, Laws and Regs
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This report discusses the advantages and disadvantages of bankruptcy for troubled current homeowners and would-be future homeowners.

A total 232,593 personal bankruptcies were filed in California in 2011, slightly fewer than 2010. This marks the first year since 2006 to see even a small reduction in bankruptcy numbers from the preceding year.

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About The Author

Bradley Markano

is a licensed real estate agent and handles first tuesday's Market Charts.

Latest Comments
  1. John A

    “Of the total number of homeowners who file bankruptcy, only about 33% successfully kept their homes. It is certain that bankruptcy does, at least on occasion, have a positive effect” One out od three keep their homes! That’s not “On Occasion”, it’s pretty good odds! Get a grip!

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