Bankruptcy Bad Credit Mortgage Loan

The word bankruptcy gives rise to an image of utter helplessness ... one gets rid of all the debt problems in a short period of time. There are many debt elimination ... with multiple debt problems juggling with payments often consider bankruptcy. They feel it can offer [more...]

Date: 2008-12-03 04:00:19

Blog posts (18) | Videos (28)
 

Apply For Personal Loans Online For A Quick Response

The following article covers a topic that has recently moved to center stage–at least it seems that way. If you’ve been thinking you need to know more about high risk loans and personal loans, here’s your opportunity. Banks are the most common choice for people to get loans. This might be convenient for most people, but generally not the best option. Bankruptcy is as much deserving of a personal loan for refinancing, consolidation of debts, mortgaging or any kind of personal loans. [more...]

Date: 2009-09-08 18:13:18

links for 2008-12-26

In Hard Times, Houses of God Turn to Chapter 11 in Book of Bankruptcy - WSJ.com Church Mortgage & Loan Corp. of Maitland, Fla ... $18 million it owes, says company lawyer Elizabeth Green. Church Mortgage filed for Chapter 11 ... to Getting Out of Debt 9. Tools for a Frugal Life 10. Resources The *Official* Guitar [more...]

Date: 2008-12-27 07:01:05

How To File for Bankruptcy If You Are An Individual

Here is a quick guide to how to file for bankruptcy if you are an individual. -  Contact a reliable bankruptcy attorney . -  Bring along all your financial papers including outstanding bills, bank statements,paycheck stubs from the most recent six months, copies of mortgages and car loans and tax returns to your first meeting with your bankruptcy attorney. -  Your bankruptcy paperwork, called a petition, must list every debt you currently owe. [more...]

Date: 2009-09-26 14:22:34

Mortgage bankruptcy reform may speed losses

A change in bankruptcy laws to allow judges to reduce the mortgages of consumers would probably boost filings, accelerating lenders’ losses on home-equity, automobile and credit-card loans, according to Keefe ... harmed may benefit in some ways, the Keefe, Bruyette analysts wrote. Credit-card companies [more...]

Date: 2009-01-13 08:30:01

Even In Wild Times, Citi 4Q Still Draws Attention

STREET PROJECTS $10 BILLION (OR MORE) LOSS FOR PERIOD This has been a wild and woolly time for the management at Citigroup (C) ... terms for mortgage loans in bankruptcy proceedings. Admission of a $2 billion exposure [more...]

Date: 2009-01-15 21:10:46

[IMG Pensioner]

Can pension be linked to mortgage? Ask an expert: My husband is seriously ill and I fear the worst ... Income bonds GO Consumer advice Shopping Your rights Buying and selling a car Holiday GO Credit & loans Get out of debt Bankruptcy Credit cards Picking loans Credit checks GO Insurance [more...]

Date: 2008-09-24 14:17:36

Recent Bankruptcy? It’s Not Impossible to Obtain a Home Loan

Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws ... discharge. Ironically, some those that would not previously qualify for a mortgage do qualify after ... payments. The DTI* (debt-to-income) ratio of this person is 81.25%. Since his credit score is low [more...]

Date: 2009-01-15 00:11:26

Debt Consolidation: Will It Help Me?

We are in uncertain economic times.Many are falling behind in mortgages, student loans, car payments and credit card payments ... clearly explains what bankruptcy, debt consolidation, third party credit counseling and debt settlement ... will negatively affect your credit score and cause an increase in credit card interest rates.One of the best [more...]

Date: 2008-11-30 20:48:00

Will Bankruptcy Judges Get Power to Strip Down?

The details of the Great Bailout Bill of 2008 are still being mulled, turned over and kicked about by economists, ... of the terms of certain debts, namely auto and student loans and second-home mortgages. Under the Democrats ... of the property falls below the loan amount, debtors potentially could reduce the balance of the loan to equal [more...]

Date: 2008-09-24 15:15:01

Mortgage Rights and Wrongs

Congress has said that they want judges to adjust mortgage debt. On the face of it, this makes sense. After all, when people declare bankruptcy they get their credit card, auto loan, and personal debts adjusted. What makes a mortgage any different? Well, one difference is the law. By law [more...]

Date: 2009-01-14 05:01:08

Mortgage cram-downs - I find them hard to swallow

Here’s a real estate term that appears to be gaining popularity its called “mortgage cram-downs ... modifies a loan, often reducing principal so a borrower can afford it. Lenders hate it because they have to absorb the loss. Bankruptcy judges currently have the ability to modify certain personal loans [more...]

Date: 2009-01-08 16:24:50

Ultimate Debt Guide - Get Out of Debt With Debt Consolidation?

by Ash Ford How to get out of debt by not filing for bankruptcy or by signing up to a long-term debt relief plan which has the potential to push you ... truth about the credit card game is clear to me now and you’ll learn why numerous people remain in debt ... and be in over your head with loans, credit cards, car payments, mortgages etc. Finding a way [more...]

Date: 2009-01-15 02:47:14

The Truth About Mortgages And Bankruptcies

July 12, 2008 Elaine Meinel Supkis After mowing the fields and doing backhoe work on the road, I had time to think about things some more ... unsuccessfully lobbying Countrywide, at the time the nation’s largest home lender and loan servicer [more...]

Date: 2008-07-13 01:59:55

11-17-08 Twenty-Something Finances-Carnival

Welcome to the 11-17-08 Carnival of Twenty-Something Finances! ... on enormous mortgages, car loans, CC debt are usually not 18 and starting out, they are older ... away from debt but how is it different from Bankruptcy or Foreclosure? It’s not. And consider [more...]

Date: 2008-11-17 14:00:09

Mortgage Indexes Decline on Cramdown News

In the wake of news of a deal between Citigroup and Senate Democrats that might help push forward legislation allowing for bankruptcy judges to ... positively to this while the equity market improved on the news of the Citi loan mod deal,” he writes. “ [more...]

Date: 2009-01-09 19:13:00

Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 7 Nov08 Bankruptcy & Insolvency

Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Part 7 (Excerpt) Beware of grandiose claims when dealing with a loan modification firm. You know I am glad that were back, when we went to the break we were talking amongst ourselves about some of these concepts, I really want to bring this back down to the listeners. [more...]

Date: 2009-09-29 17:30:06

RealtyTrac Foreclosure Activity Report Released: Laws and Programs to Prevent Foreclosures Ineffective

Irvine, California-based online real estate company, RealtyTrac, ... on "cramdown" legislation affecting bankruptcy judges' powers regarding mortgage loan modifications ... percent in 2008 Bankruptcy Cramdown Mortgage Loan Modification? Key Banks Approve Possible Legislation [more...]

Date: 2009-01-15 22:24:28

18 Results