Many of those experiencing overwhelming debt burdens reach a point of desperation. Worried about credit scores, asset liquidation and wage garnishment, many people are scared into making big decisions about their debt. For some, these decisions came without proper investigation; leading them into the office a phony debt relief company. FTC Warnings Just this week,  … Read more

Owing the IRS money is not an easy position to be in. Unlike other creditors, the IRS is vigilant about collecting their money and are easily granted the ability to collect through garnishments or liens on your property. If you are experiencing financial hardship you can still resolve your tax debts. Here is how: Contact  … Read more

Even after the height of the foreclosure crisis, families continue to be plagued by problems. This time it isn’t just the threat of unlawful foreclosures that threatens to victimize homeowners, but mortgage relief scams. Unfortunately, many families have fallen victim to loan modification scams; leaving them worse off than when they were only facing a  … Read more

Since the beginning of the foreclosure crisis, mortgage relief scams have been on the rise. Looking to take advantage of distressed homeowners, phony companies have been popping up offering illegitimate services for mortgage debt relief. Unfortunately, many homeowners have been victimized by these companies; leaving them in foreclosure and, often, out several thousands of dollars.  … Read more

It is rare for someone to end up in foreclosure strictly because they got in over their heads in a mortgage, but it does happen. More likely, you bought a house you could afford at the time and your financial situation has changed due to employment or other unforeseeable circumstances. Regardless of how you came  … Read more

When it comes to finding help with the risk of foreclosure, mortgage modification can be a good solution. However, successfully obtaining one from your lender isn’t always easy. Luckily, there are a few things to know that could boost your chances at modifying your mortgage before debt troubles arise. Preparing For Battle The first thing  … Read more

With interest rates hovering around historical lows, many people are tempted to refinance their mortgage. While refinancing can be a great proactive approach to dealing with mortgage debt, there are some tax considerations. Mortgage Interest Deduction Currently, owning a home allows you to reduce your taxable income by the amount you paid in interest towards  … Read more

After a rough few years in the foreclosure crisis, we are finally beginning to see an improvement in the real estate market. While we still have a long way to go to a full recovery, there are some positive indications that people are once again looking to buy and that lenders are getting back into  … Read more

Credit card “swipe fees” have been plaguing merchants for quite some time, each card carrying a range of fees from 1.5 to 3.5 percent. For merchants, these fees drastically cut into profitability, ultimately leading to increasing their prices to customers; it becomes a vicious cycle. As a result, a legal battle has ensued in efforts  … Read more

These days it isn’t just the middle class or those working two jobs trying to stay afloat that suffer with mortgage debt and the risk of foreclosures; but even the rich are falling victim to a struggling market.  In fact, foreclosure activity rose by nearly 500% for $1+ million homes between 2007 and 2011, compared  … Read more