Dropping real estate values are sending more British Columbians into financial crisis and causing a spike in personal bankruptcies, according to professional debt counsellors.
Federal Industry Ministry data show that B.C. consumer bankruptcy filings for August were up more than 10 per cent over the same period last year.
August also saw a 16.3-per-cent increase in proposal [...]

As voters across the country prepare to head to the polls in November, questions about subprime lending and the solutions to our current housing troubles are coming to the top of the nation’s mind. Do these plans make sense? Are they feasible? Who will pay for them? What will be their long-term consequences?

Fighting Foreclosure
Obama wants [...]