Bankruptcy

Todays news....and a New Series

By Bill McLeod, Esq.

First, the news...
When a storm is coming, it's not uncommon for New Englanders to stock up on bread and milk. According to today's Financial Times, banks are apparently stocking up on cash. Does the FDIC's announcment that it plans to add 140 new workers in anticpation of bank failures have anything to do with it?

New home sales fell to a 13-year low in February. Consumer confidential fell to a 5-year low in March. Also falling, the number of retail jobs in Massachusetts.

In Sacremento, the SPCA is seeking a jump in the number of animals being surrendered by their owners who are losing their homes.

And now, the series...

Starting next Wednesday, and continuing each and every Wednesday, there will be a special blog entry dedicated to "Storm Preparation": dedicated to providing information to people and businesses who may be facing a financial storm.

Each week, I'll offer tips, news and strategies to help people and business prepare for the financial storm clouds they may see on their horizon. Remember, nothing you read here is meant to replace legal advice - and if you're facing a financial crisis now, I urge you to see an attorney.

If you have a question or a topic you'd like to see on "Storm Preparation", please email us at info@mcleodlawoffices.com.

Full post as published by McLeod Law Offices on March 26, 2008 (boomark / email).