Drop in bankruptcies likely temporary
The federal government has doled out $9 billion in unemployment benefits and more than $1 billion in forgivable business loans in North Carolina in the past year to help families and businesses weather the coronavirus pandemic. The government parachute appears to have worked, as the fewest bankruptcies were reported nationwide in 34 years.
JOHN RAILEY: Wake Forest, Winston-Salem State united on residents' property rights
Thursday, March 19, 2020 -- Evictions and foreclosures are big problems with ripple effects nationwide. Families lose stability, credit histories are ruined and children are uprooted from their schools. Educators from Wake Forest University's Environmental Law and Policy Clinic and Winston-Salem State University's Center for the Study of Economic Mobility are confronting problems of property rights through collaborative research backed by New America, a nonprofit based in Washington, D.C., that promotes research nationwide that policymakers can use in confronting problems.
Property foreclosure forcing people from Spring Lake homes months after Florence flooded them out
Some Hurricane Florence survivors are now facing a legal storm that could wipe out their homes in Spring Lake.