It fell more than 10% in each of the first three months of 2009. By April 2011, credit card debt had dropped to a low of $839.6 billion. That's an average of $7,055 of credit card debt per household.(Note: The per household estimate is based on 119 million households, or 308.7 million/2.59 persons per household.Source: U.S. Census, 2010 Data; Average Household Size).During the recession, banks cut back on consumer lending.hat's an average of $7,055 of credit card debt per household. (Note: The per household estimate is based on 119 million households, or 308.7 million/2.59 persons per household. Source: U.S. Census, 2010 Data; Average Household Size). During the recession, banks cut back on consumer lending.
Contact your attorney. Under Ohio's rules governing attorney conduct, your attorney must maintain a copy of the funds maintained on your behalf in trust (the escrow account) for a period of seven years. Request a copy of the account records and ask for the status of the payments made on your behalf.
I have even experienced vast differences in approval times within the same bank. Typically it takes 30-90 days to obtain short sale approval from a lender, and once the approval is obtained, then it takes 10-30 days to close escrow depending on whether the deal is all cash or there is a loan involved.t can take from 30 days up to a year. Make sure that a lawyer is involved, they will know right away if the property will close based on the bank. answer by Lisa Purcell | Visit My Website | Contact Me. Unfortunately there is no general rule of thumb when it comes to short sale time frames.