For quick answers about debt collectors and the law, click on the question below. What is the Fair Debt Collection Practices Act? What kinds of debts are covered by the Act? Who is a debt collector? How, when, and where can a debt collector contact you? Is there anything that the debt collector must tell […]
Category Archives: Avoid Foreclosure
Loan Modification Efforts Helping Few Borrowers
Despite efforts by the federal government and banks to stop the home foreclosure disaster, frustrated borrowers are still battling red tape and delays in their attempts to negotiate lower payments, even as hundreds of thousands of them lose their homes every month. Banks say they’re swamped with inquiries and are just now completing the first […]
Feds get behind short sales
Making Home Affordable Plan Expanded – Adminstration Pushes Short SalesThe Obama administration is encouraging troubled borrowers who don’t qualify for loan modifications or can’t keep up payments on a modified loan to pursue a short sale in order to avoid foreclosure. While the main thrust of the administration’s Making Home Affordableinitiative remains loan modifications and […]
How To Modify Your Home Mortgage For Free
Do your own loan modification without paying a high fee to outside companies and lawyers. If you are having trouble paying your mortgage, have an adjustable rate or your value is upside down, it is possible to renegotiate your loan terms. But be prepared to fight a long an difficult battle and realize it’s one […]
Where to Get Foreclosure Help – Avoid Foreclosure
With all the dubious assistance programs and out-right scams preying on home owners facing foreclosure, it can be difficult to find legitimate help. If you or someone you know if facing foreclosure please give us a call or contact any of the programs included in the list below which are either operated by the U.S. […]
Homeowner Affordability and Stability Plan – Making Home Affordable
Originally posted by Katie Curnutte at www.zilliow.com The full details of President Obama™s Homeowner Affordability and Stability Plan” now being referred to as Making Home Affordable ” are out this morning, and millions of homeowners at risk of default are sure to flock to the government™s new Web site, financialstability.gov, to find out if they […]
Putting An End To Harassing Calls From Creditors
If you are receiving harassing phone calls from creditors, or debt collectors and you wish to put an end to this, you should know that there is a legal way to stop these individuals from harassing you. To halt their œcontact, send your creditor (i.e. mortgage company) a certified, return-receipt cease and desist letter (they […]
Ohio Foreclosure Process & Your Options
If you’re in danger of falling behind on your mortgage, or if you’re already delinquent, it’s important to know what’s ahead and what your options are. The faster you move, the more choices you’ll have about your financial future. The timeline 30 days: Your troubles actually start as soon as you miss a single payment, […]
Bankruptcy: Guide To A Quick Recovery
While bankruptcy deals a devastating blow to your credit and your credit score, the effects don’t have to be lasting. And contrary to what many believe, you could be qualifying for loans with good rates and terms long before the bankruptcy drops off your credit report. Nothing in Credit is forever If you’ve recently filed […]
Buying A Home After A Foreclosure Or Bankruptcy
There are numerous buyers who suffer financial hardship stemming from life events that are beyond their control. Unemployment, illness, death, and divorce can introduce financial misfortunes that seem overwhelming. Feelings of desperation and hopelessness compound the problem when the buyer adopts an attitude of resignation to his plight. Credit reports are mathematical tools that quickly […]
