It is sad but true that bankruptcy is a sure-fire way to stop mortgage foreclosure on your home. That being said, you do need to know what you are doing and you do need competent legal help to make it happen. Not everyone qualifies for bankruptcy and you have to file the right kind of bankruptcy in order to stop mortgage foreclosure on your home. Read more >>
Tags: bankruptcy, debt, mortgage, Real Estate
Predatory lending practices in the past number of years have encouraged people to borrow money hoping to make that quantum leap to the top of the American Dream. People went into debt with the idea that the real estate market would continue to appreciate. Or that that great job would always be there and next year they will get that raise. Now those hopes have crashed. Read more >>
Tags: Adjustable Rate Mortgage, ARMs, Bank of America, borrow money, Chase, Countrywide, foreclosure, GMAC, home loan modification, loan modification assistance, predatory lending practices, Real Estate, Wachovia, Wells Fargo