There has been a long list of borrowers either foreclosed on or waiting to be foreclosed on by Bank of America. The country’s largest bank has been under fire in recent months for its unfair business practices and lack of good faith with relation to modifying toxic mortgages and administration ... Views: 572
The governments Making Home Affordable Program (HAMP) released in March 2009 was designed to help homeowners modify mortgages and stay in their homes. While qualifications for HAMP seem pretty straight forward, the governments program appears to be failing.
While many borrowers have applied ... Views: 598
Here are two logical ways to get off on the right foot to your fresh start after filing bankruptcy.
1) Pay Your Bills on Time
It makes sense to show your creditors you are credit worthy and there is no better way than by paying your bills on time. If you have retained possession of your ... Views: 682
If your home is in foreclosure, taking immediate action to stop the foreclosure process is critical if you want to save your home. Contacting a bankruptcy attorney that understand foreclosure defense is essential. If you have received the “Notice of Default” or a “Notice of Trustee Sale” from ... Views: 573
Amid our country’s mortgage mess, homeowners continue to fall victim to “Loan Mod Hell!” Borrowers are being victimized and no one knows whose friend or foe! So who’s the real scam artist, the loan mod attorneys out there, Fannie and Freddie, or your mortgage servicing company? In a recent ... Views: 765
The housing crisis, the recession, and the resulting job losses from both have many consumers seeking assistance for debt of all kinds. Add to these challenges the fact that credit card companies have been raising rates, fees, and payments in reaction to the passage of the Credit Card ... Views: 658
Consumer debt can get out of hand in any number of ways, especially in an economy which is losing hundreds of thousands of jobs each month. Credit cards, medical bills and a host of other forms of consumer debt are accumulating on a monthly basis for consumers that are using these types of ... Views: 560