Dealing with mortgage debt is not easy for anyone. In most cases, you may feel like time is running out and you have few options. The Federal Trade Commission has been working to better educate and protect consumers when it comes to foreclosure prevention. It is important that you know your rights as a homeowner,  … Read more

Those who are self-employed should consider themselves lucky in many ways. This tough economy has not been nice to corporations, let alone small businesses, so those who are fortunate to still turn a profit are doing very well overall. However, the self-employed do face additional challenges that most employees do not. Tax concerns, medical insurance  … Read more

Owing the IRS money usually is the result of other financial problems. Even worse is that tax debts can often lead to further financial hardships if they aren’t deal with properly. For many people, unpaid taxes can bring about many unwanted effects. Negative Outcomes Let’s not forget that the IRS is not like any other  … Read more

Despite public opposition and run-ins with local authorities, the Occupy Movement continues to spread around the nation. As much of the Movement’s momentum has been losing steam over the last few weeks, one branch of Occupy protestors haven’t slowed down. Occupy Foreclosure protestors are quickly gaining momentum around major areas devastated by the foreclosure crisis,  … Read more

Whether you are a first time home buyer, refinancing a mortgage or buying after resolving a previous mortgage debt problem, it is important to really examine all of the costs associated with a new mortgage. Many people end up in financial trouble later on simply because they failed to consider all of the costs of  … Read more

Despite the obvious drawbacks of foreclosures and the huge waves of devastation many families have suffered at their hands, it appears there may be a small silver lining to the crisis. Charities are beginning to report an increase in donated homes coming from foreclosures. Good For Some USA Today reported that Bank of America donated  … Read more

Refinancing a mortgage has been a popular option discussed by lenders for quite some time now. Refinancing isn’t for everyone and many people may have actually suffered worse financial states because of their decision to refinance. However, homeowners who have rejected or resisted refinancing offers may be rewarded for their efforts with new offers that  … Read more

While not everyone facing a foreclosure or mortgage debt crisis will be able to successfully secure a loan modification, there have been plenty who have. In fact, a new report shows that there may be a particular formula for boosting a homeowners chances at successful mortgage modification negotiations. Plan Of Action Perhaps one of the  … Read more

While we all know what a foreclosure means, many of us don’t know what really happens to a property once it enters the process. Who owns the property? Who is responsible for maintaining the property? How does a foreclosure affect the neighborhood? Are there any laws that deter criminals from a foreclosed property? All of  … Read more

Our service members have been no stranger to the  mortgage crisis. In fact, many active duty members have had to face foreclosures and evictions while away serving in our armed forced. While there are some additional protections for service members and veterans, these protections are not always enough to stave off mortgage trouble. However, the  … Read more