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Recent Posts in Loans Category

Homeowners Need Help -- from the New York Times

Homeowners Need Help Neither Congress, nor federal regulators, nor state or federal prosecutors have yet to conduct a thorough investigation into the mortgage bubble and financial bust. We welcomed ...
Continue reading "Homeowners Need Help -- from the New York Times" »

Picking and Choosing Debts to Discharge

Picking and Choosing Debts to Discharge There are many myths circulating regarding bankruptcy in Massachusetts. One of the most popular myths is that a bankruptcy debtor can pick and choose which ...
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HAMP Loan Modification Changes – Modification can NOT be denied because of active bankruptcy

Starting today, June 1, 2010, HAMP Home Loan Modifications cannot be denied because you are in an active chapter 7 or 13 bankruptcy. This is significant for many consumers. Many consumers facing ...
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You can file bankruptcy and keep your home

If you file bankruptcy you will keep your home ; unless you want to surrender it to the bank. In order to keep your home you will need to at a minimum be able to make the current monthly payment on ...
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"Beware of Foreclosure Rescue Scams - Help Is Free!"

When looking for home loan help, please know that help from the Department of Housing and Urban Development is free. Below are some of the warning signs that HUD has put together: " Beware of ...
Continue reading ""Beware of Foreclosure Rescue Scams - Help Is Free!" " »

How long after bankruptcy can I buy a new home?

Filing bankruptcy does not prevent you from buying any property, including a new home or cars. However, the better question is; when will a bank give me a mortgage for a new home? Chapter 7 bankruptcy ...
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HELP! My home is going to be foreclosed on.

Filing bankruptcy will automatically stay any foreclosure proceeding. So long as your bankruptcy case is filed prior to the actual foreclosure sale. If your intention is to permanently save your home ...
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Internet Resources for valuing your home

The following is a list of FREE internet sites that may help in the valuing of your home: http://realestate.yahoo.com/Homevalues http://www.zillow.com/ http://www.cyberhomes.com/ ...
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I have Filed for Bankruptcy and my Bank has Asked me to Reaffirm my Car Loan.

The goal for most individuals in bankruptcy is to receive a discharge of their debts. A discharge is a release of your legal obligation to repay your debt. With limited exception the discharge will ...
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What is Discharge?

The goal for most individuals in bankruptcy is to receive a discharge of their debts. A discharge is a release of your legal obligation to repay your debt. With limited exception the discharge will ...
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My Bank took money out of my checking account to cover a loan that I had not paid – Can they do this?

This is called “Setoff.” A bank has the right to “setoff” one account against another. For example if you have a loan and a checking account (or other account with money on deposit) at the same bank ...
Continue reading "My Bank took money out of my checking account to cover a loan that I had not paid – Can they do this? " »
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