Dealing With Debt Collectors 101

Debt 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 … Continue reading

Posted in Bankruptcy, Borrowers, Credit, Financial, Foreclosure, Lenders, mortgage

Watch Out for Fraudulent 'Foreclosure Rescuers'

Recently, 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 … Continue reading

Posted in Bankruptcy, Foreclosure

Guides to Help Fight Home Loss Awaited

The 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 … Continue reading

Posted in Bankruptcy, Borrowers, Financial, Foreclosure, Lenders, mortgage

Bankruptcy: What Are Your Options?

Most 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 … Continue reading

Posted in Bankruptcy, Financial, Foreclosure, Lenders, mortgage

Ohio is Number 1 in…

…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 … Continue reading

Posted in Bankruptcy, Credit, Foreclosure, Lenders

SURVEY: BANKRUPTCY FILINGS ON THE RISE AGAIN, LIKELY TO RETURN TO PRE-2005 LAW LEVELS DURING NEXT YEAR

NACBA 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 … Continue reading

Posted in Bankruptcy, Borrowers, Credit, Foreclosure