The U.S. Supreme Court just put its stamp of approval on the Obama administration’s health-care reform, and a Boston law professor thinks he knows what will happen next.
In his 2014 study, Northeastern University law professor Daniel Austin dug into personal bankruptcy filings to figure out what happened after Massachusetts lawmakers made health insurance mandatory in 2005.
His findings? Massachusetts residents who file for bankruptcy protection these days have way less medical debt compared to the rest of the country. The typical Massachusetts person or couple who filed in 2013 had $3,041 in medical debt, while people everywhere else had an average of $8,594 in medical debt. Read More
During the 12-month period ending December 31, 2014, 936,795 cases were filed in federal bankruptcy courts, down from the 1,071,932 bankruptcy cases filed in calendar year 2013—a 12.6 percent drop in filings.
Everybody is back from a great show in San Francisco, CA. NADA (National Auto Dealers Association) 2015 was fantastic and it was great to see so many of our valued clients in one place. Thanks to everyone that made this year’s NADA 2015 one of the best yet!
Don’t forget that NADA is moving the convention date in 2016, breaking from the traditional January/February timeframe. The 2016 NADA Convention will be held in Las Vegas, Nevada from March 31 – April 3rd. Hope to see you there!
Ro Royall, Ann Frank-Shantz and Ron Royall at the 2015 NADA Conference
The BEBdata tribe is putting the final touches on plans for our attendance at the 2015 NADA Convention & Expo. This is the “it” conference for the auto industry and we never miss it!
This year’s keynote speakers include Jeb Bush and Jay Leno! For a complete listing of speakers click here.
Excellent workshops such as, “Exceptional Experience that Win Digital Buyers” and “NexGen Dealers Leading the Future Their Way Today” are only a few of the exciting and trending topics that will be discussed.
We’ll have the latest information on BK trends and you can review our data card by clicking below! Hope to see you there!
A very interesting article published by SubPrime Auto Finance News says; CNW Research is upbeat about how much subprime paper is going to flow into finance company portfolios this year.
In a special projection report released on Tuesday, CNW is expecting subprime approvals to improve in 2015, but not quite to the same level as this past year. President Art Spinella pegged the year-over-year improvement projection at 12.75 percent “driven in large part by automakers’ captive finance companies looking to expand sales. Read more here.
Bob Lawless, a frequent contributor to the Bankruptcy Blog known as Credit Slips recently submitted a blog explaining why Bankruptcy Filings will be at their lowest numbers since 1995. Check out the details of this fascinating topic by clicking here.
Interesting article from Central Valley Business Times on Student Loan borrowers.
Struggling private student loan borrowers describe being driven into default with very little information or help when they get in trouble, no affordable loan modification options available, and alternatives to default that are temporary at best, read more here.