Facing foreclosure is scary enough, but having to pay large fees to get help avoiding it is even worse. Many people don’t realize that there are many resources available to help develop a plan to avoid foreclosure at no cost to them. There is no need to hire a foreclosure prevention company to handle your  … Read more

Debt settlement companies offer services such as credit card negotiations, in which they act as a third party between the debtor and the creditor. They often seek to arrange lower monthly payments, reduce the overall debt owed or obtain a lowered interest rate on the account.  Although anyone maintains the right to  negotiate directly with  … Read more

Many homeowners with underwater mortgages have been searching options looking for relief outside of the foreclosure process. The Home Affordable Modification Plan is a program that was designed to help homeowners through mortgage loan modifications that could lower monthly mortgage payments. Many homeowners have applied, but a large percentage have not been able to successfully  … Read more

The housing market struggles have hit our entire nation with a vengeance, leaving too many homeowners with few options. Military families are no different and many have found themselves facing foreclosure as their service member is off fighting for the nation’s freedom. Fortunately, military families are offered some additional assistance that has helped save the  … Read more

Underwater mortgages, foreclosures and homeowners frantically scrambling to save their homes is a common occurrence for at least one family per neighborhood. It seems as though no one is exempt from the economic struggles that have plagued the housing and job market for the last few years. However, now that foreclosure rates have hit an  … Read more

Florida is among the worst hit in the housing crisis. Topping the nation’s foreclosure chart, Floridians have suffered with personal debt burdens, unfair lending practices and predatory mortgage modification companies. Lawmakers are hoping a new legislation will put an end to these problems and help homeowners have a fighting chance at keeping their homes. Predatory  … Read more

When you are drowning in an underwater mortgage the threat of foreclosure looms around the corner. Many people succumb to foreclosure simply because they don’t know all of the options available to help get relief from their mortgages. There are short term and long term solutions to managing mortgage debt, the key is to know  … Read more

The President’s announcement last week to impose new mortgage relief strategies brought much criticism from policy skeptics. Citing issues with current mortgage relief efforts, many have been pointing towards the disappointing outcomes of plans already in place. If the current programs are meeting expectations, how can a simple addition to the plan make much difference?  … Read more

Credit card negotiations are a great way for debtors to lower their monthly payments and find relief from their credit debt. The process can be tricky and dealing with creditors is never easy. Being prepared before you contact the creditor is your biggest negotiation tool.  However, many people don’t know what to ask for when  … Read more

Homeowners are not the only ones affected when a property enters foreclosure. If the property is occupied by renters, they will also be put out by the process, literally. Many renters find themselves without very little notice regarding the property’s financial standing until they get a notice on the door notifying them to vacate the  … Read more