When looking to lower your monthly mortgage payment there are many options available. A mortgage loan modification may be able to change the terms of your existing loan enough to help you find relief from a high monthly mortgage payment. Lenders often prefer refinancing over mortgage modifications, mostly because they stand for a bigger benefit  … Read more

The mortgage loan modification process can be cumbersome to navigate and requires much effort on the part of the homeowner. Many people have found dealing with certain big name banks to be difficult and frustrating. Between lost paperwork, lack of communication and confusing negotiations, some have given up the pursuit of lowering their monthly mortgage  … Read more

A good credit score is made up of many components, but the most important is limited debt or getting out of delinquent accounts. Sounds impossible, right? Getting out of debt isn’t as hard as you may think. In fact, many people have successfully reduced their debt without the help of credit negotiations or bankruptcy. There  … Read more

When it comes to deciding about which debt relief option is best, the choices can seem endless. There are numerous options available, all offering enticing results. So how to do you know which is best for you? Debt Settlement To have your debts settled, you are basically requesting that your creditor agree to accept less  … Read more

Foreclosure, it is a word that strikes fear in the heart of every homeowner. We know all too well the threat of foreclosure and know we will stop at no cost to avoid it. However, studies are finding that while many people fear foreclosure, few very are actually educated as to all of their options.  … Read more

The amount of credit card debt held by the average American has soared over the last few years. Reports show that the majority of families have 2 to 4 credit cards, each holding thousands of dollars in debt.  Most people find it difficult to get out of debt, many simply because they lack the knowledge  … Read more

As the state of the economy hovers around dangerous lows, many Americans have faced financial hardships. In the past, people that suffered from overwhelming debt loads and the risk of foreclosure were those who simply mismanaged their money. A new report now shows an interesting trend away from personal responsibility towards unavoidable economic factors. Economic  … Read more

In the midst of an economic crisis, President Obama has been on the move to offer help for Americans suffering from financial hardships. Whether the issue is overwhelming student loan debt, bankruptcy or foreclosure, Obama has been on a mission to help our nation try to stay afloat in tough times. In The Works The  … Read more

When attempting to negotiate with creditors many issues are at play. While you are trying to obtain the best deal for a lower payment, the creditor is trying to get as much of their money as possible. Credit card negotiations can be quite stressful and many people may  not be able to get what they  … Read more

Owing the IRS money is not a position anyone wants to be in, especially when the IRS begins to try and collect on the debt. Tax debt is a common source of debt among many Americans and one that is known to be among the most stressful.  The problem with tax debt is that it  … Read more