Dallas Auditor .com

Facts have arisen that Bulgarians are delaying the payment of simple bills, such as TV licences (65%), central heating (60%) and water bills (55%). Every fifth default is on a vehicle lease, a consumer loan or credit cards, with the smallest share of unpaid bills are home loans and electricity bills.

Recent research by RealtyTrac Year-End 2009 Foreclosure Market Report shows us that 3,957,643 foreclosure filings have been reported on 2,824,674 U.S. properties in the year of 2009. This also includes foreclosure auctions that were scheduled, default notices and bank repossessions.

If you were paying attention in your economics class, you might have heard the phrase “stocks and bonds” thrown around a few times. Stocks and bonds are both securities (a security is a negotiable “instrument” that represents financial value), and thus both stocks and bonds can be used to finance a company and company activities. However, there are major differences between stocks and bonds.