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(8/14/2007) What is Subprime Lending? Subprime lending refers to the practice of making loans to people who do not qualify for the best interest rates (usually called conforming loans or Alt-A loans) because of their credit history. Subprime lending is risky for both lenders and borrowers because of ...
(2/8/2007) Types of Personal Bankruptcy The Bankruptcy Code is divided into chapters. The chapters which almost always apply to consumer debtors are chapter 7, known as a "straight bankruptcy", and chapter 13, which involves an affordable plan of repayment. An important feature applicable to all ...
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