Foreclosure
Dealing With Debt Collectors 101
Friday, March 12th, 2010Debt collection can be a scary situation, especially given the current state of the economy. But, if a debt collector is calling you, there are steps you can take to reduce your debt and make sure the calls end. We have pulled together some of the best tips and tricks to deal with [...]
Watch Out for Fraudulent ‘Foreclosure Rescuers’
Tuesday, September 15th, 2009Recently, Robert E. Power, Jr, a self-proclaimed foreclosure rescuer, pleaded guilty in federal court to bankruptcy fraud. His company, Yorkshire Financial Services, was targeting homeowners at risk for foreclosure. Yorkshire represented that they could negotiate new mortgages for the homeowners or arrange for refinancing. In exchange for their services, Yorkshire had the homeowners transfer their [...]
Guides to Help Fight Home Loss Awaited
Monday, March 16th, 2009The Obama administration’s foreclosure plan has won plaudits for tackling an issue at the heart of the current financial crisis, but an exact pattern for identifying at-risk mortgages and how to restructure them has yet to be unveiled.
Alterations or “workouts” of troubled mortgages are key to stemming the nation’s tide of foreclosures, say housing advocates [...]
Bankruptcy: What Are Your Options?
Wednesday, February 4th, 2009Most people understand that bankruptcy is a way to clear up a lot of debt, but are uncertain of the details. A brief overview of the most common forms of bankruptcy follows.
Chapter 7 bankruptcy is what most people think of when they think of the generic term of bankruptcy. It is the traditional type of [...]
Ohio is Number 1 in…
Tuesday, September 18th, 2007…Foreclosures!
When you think of Ohio, what do you think of? Football? The Ohio River? Lake Erie? The Buckeyes? Well, add this to your list: Home Foreclosures.
In Ohio, more than anywhere else in the United States, people are losing their homes. In the first six months of 2007, Ohio recorded 44,594 foreclosures. The state’s [...]
SURVEY: BANKRUPTCY FILINGS ON THE RISE AGAIN, LIKELY TO RETURN TO PRE-2005 LAW LEVELS DURING NEXT YEAR
Monday, October 23rd, 2006NACBA Surveys 700 U.S. Bankruptcy Attorneys on Eve of October 17, 2006 Anniversary of Controversial Law Change; Over Nine Out of 10 Say Law Has Simply Increased the Costs of Bankruptcy, With No Benefits.
WASHINGTON, D.C.//October 4, 2006//As the controversial federal bankruptcy overhaul approaches its first anniversary, a new survey of 700 members of the National [...]