Tag Archives: illegal foreclosure

VA illegally forecloses on veterans

By Torrey Shannon
Huffington Post

It appears the Veteran’s Administration has been flying under the radar when it comes to their contribution to the homeless veteran population. Due to a backlog in processing thousands of disability claims, military members and their families are forced to live on the streets because of foreclosures and are heading into bankruptcy courts at an alarming rate.

Most of the wounded veterans I know have waited more than six months to get their first disability check from the VA after leaving the military. By the time they got their first payment from the VA, they were bankrupt or had lost their home to foreclosure.

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Foreclosures accelerating; Unemployment at 22.5 pct

By RealEconTV

Thanks to ever-increasing foreclosures – and the numbers are about to get even worse – there is a glut of supply on the market. Meanwhile, it’s been many decades since the American consumer has been in such bad shape. How bad are things out there? The October 11 issue of Barron’s magazine puts the real, uncooked US unemployment figure’s at a sobering 22.5%.

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