Blog Archive: January 2009

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Latest News On Unemployment

Added January 9, 2009 by Melanie G. Rogers

The Labor Department released the latest jobs report today. Employers cut 524,000 jobs in December, bringing the unemployment rate to 7.2 percent. That percentage is the highest in 16 years according to Bloomberg News. Still, most Americans plan to stay put in 2009. A recent survey by SnagAJob.com…

Topics: job advice

IRS Announces Help For Taxpayers Who Owe Back Taxes

Added January 8, 2009 by Melanie G. Rogers

Looks like the Internal Revenue Service is following the example of financial institutions like banks and agreeing to work with people in financial distress who owe them money. The bottom line is that you should call IRS and talk to them if you cannot make payments. Tell them about your specific…

Topics: taxes

Consumer Bankruptcy Filings Increase By 33 Percent In 2008

Added January 8, 2009 by Melanie G. Rogers

Earlier this week the American Bankruptcy Institute announced the 2008 year-end total number of consumer bankruptcy filings: 1,064,927.

In 2007, 801,840 bankruptcy filings were made.

"Consumers are under great financial stress, with no immediate end in sight," said Executive Director Samuel J…

Topics: bankruptcy

Our Latest Real Estate Videos: Mortgage Loan Types

Added January 7, 2009 by Ilyce Glink

Check out our latest videos and learn more about different types of mortgage loans!

What is an Adjustable Rate Mortgage (ARM) Loan?

www.youtube.com/v/1brZktsDKWY&hl

What is an Interest Only Loan?

www.youtube.com/v/eCxbtgkStUA&hl

Jan. 7, 2008.

Topics: real estate advice