The Personal Finance Secrets “They” Don’t Want You to Know About

I get asked to review all sorts of crazy personal finance books, plans, programs, and schemes all the time, ... and negotiate lower rates (or in some cases a balance reduction), adopt a very strong debt repayment ... you attempt to buy your bad debt from the creditor (and then obviously dismiss it), but the legal [more...]

Date: 2008-08-30 17:00:11

Blog posts (13) | Videos (6)
 

At White House, McCain Plays Bailout Spoiler

Inside an intense White House meeting over the financial crisis on Thursday, ... reluctance to jump on board the bailout agreement could throw the entire week-long negotiation ... that buy up bad debt. McCain did not discuss specifics of the plan, though, and was non-committal [more...]

Date: 2008-09-26 00:00:19

The State of Lending: Trader Uncertainty Anyone?

The Chinese have a saying: “May you live in interesting times” ... was meant to buy bad mortgage debt. Last week, however, those plans changed. Instead, the $250 ... decisions. Advertisement: Real Estate Investing Forums [more...]

Date: 2008-10-27 18:56:44

Markets Vote Against Bailout Bill; Dodd Circulating Variant, Takes Equity for Dodgy Debt (Updated)

Aha, Congress isn't being so supine after all. Christopher Dodd, who in his initial press comments seemed to be behind the Paulson bailout plan, ... take senior debt instead, placing it in the front of the line of debt holders for repayment ... in which it buys bad assets. This creates a disincentive against using the program casually as a dumping [more...]

Date: 2008-09-22 19:09:40

AP: BushCo To Accept Dem Plan

According to this AP story, the deal about to be struck between the Bush Administration and Congress will essentially be the Dodd/Dem plan: ... of the rescue, rather than just buying bad debt, also was under intense negotiation [more...]

Date: 2008-09-25 15:27:22

Bailout: 110-page rescue: 'Now the votes'

by Mark Silva and updated at 8:30 pm The 110-page bailout - the one offering the nation's "clogged'' financial markets a $350-billion purchase of bad mortgage debt and then another $350 billion if Congress buys it again - is ready for a vote of the House as soon as Monday [more...]

Date: 2008-09-29 01:22:17

Bernanke: Obama stimulus would lift the economy (1/13/2009) ... mortgages and other bad assets held by financial institutions, a problem that has contributed to a lockup ... is lending billions to financial companies and buying mounds of companies' debt to help bust through [more...]

Date: 2009-01-13 20:08:03

Wall Street bailout plan to include more than bad mortgage debt: Feds to absorb unpaid bar bets, inadvertently laundered postage stamps, unredeemed soda cans and insufficient tooth-fairy disbursements

Totally absurd? Think twice: In the dark of night over the weekend when most people were snoozing, the Treasury dramatically expanded its bailout plan to include buying student loans, car loans ... in draft language that also opened the bailout program to foreign banks with extensive loan operations [more...]

Date: 2008-09-23 06:05:06

UPDATED: Senate buys into the Wall Street buy out… Obama: John Q Public too stupid to know what’s good for country… George Soros says buy out won’t fix credit problem

Putting increasing pressure on the House “no” voters to fall in line, the Senate voted (74-25) overwhelmingly in favor of a $700 bil government purchase of bad debt from Wall Street … with lots ... y of Treasury’s decisions (but only via “consultation and recommendations…), and sundry other details [more...]

Date: 2008-10-02 02:59:48

5 Signs You Need To Speak To A Bankruptcy Attorney

Are you leading a ‘buy now pay later’ way of life? If yes, ... your relationships with creditors. In case, you are already in a bad debt trap, then one way ... bankruptcy attorneys offer a free evaluation or consultation so in most cases you will not need to pay [more...]

Date: 2008-12-28 21:45:00

The Sad Tale of Gansel and Hetel

The plight of Hansel and Gretel is known to many but have you ever heard the sad story of Gansel and Hetel? Two middle class kids “adrift” in the consumerist shopping mall culture take a bath in debt and almost ruin their lives… can they be saved? Bad Health & Bad Luck Gansel and Hetel had it rough growing up with divorced parents.  Their dad didn’t take care of his health and didn’t buy enough life insurance so their mom was left to raise them totally alone after he passed away.  [more...]

Date: 2009-09-29 12:57:44

US Interest Rates Zero to 0.25% and soon 4.5% US mortgages

Hale Bonddad Steward at Huffington Post has a lot of charts that show the bad financial situation ... to refinance a mortgage at 4.5%. The Fed and the Treasury appear ready to start buying up large quantities of securities -- government debt, mortgages, commercial loans, even stocks -- from banks [more...]

Date: 2008-12-16 20:29:22

MORTGAGE FOR BAD CREDIT

If you would like to buy a new home or have some improvement plan but you are in the situation of poor credit score and it is hard to gain the trust ... in the country, and you can also use their programs to help you on debt consolidations, mortgage refinance [more...]

Date: 2008-11-13 07:17:06

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