Tag Archive | "bankruptcy"
Thinking About Filing Bankruptcy to Stop Foreclosure? You Might Not Be Eligible
With the changes to bankruptcy laws over the past few years, many people that were once able to slow foreclosure by filing bankruptcy are no longer able to do so. There are even more hoops you must jump through to file and doing so takes time. So if your foreclosure sale date is looming, you'd be wise to read this and take action so you'll be ready if you need to file for bankruptcy at the last minute.
Continue reading...Bankruptcy and Foreclosure – 6 Terms You MUST Know to Stay Out of Trouble
Tuesday, April 20, 2010
If you know these terms you'll be miles ahead of most people walking into a bankruptcy lawyer's office. Do you know what an automatic stay is? What about discharge or exemptions? If not, you need to come read this article!
Continue reading...What No One Tells You About Bankruptcy, Foreclosure and Your Credit
Monday, April 19, 2010
When you're going through foreclosure, many people will tell you that you can use bankruptcy to slow or stop the process. And they're right. But what they usually don't tell you are the consequences of filing bankruptcy and the fact that over 95% of bankruptcy workout plans fail.
Continue reading...What Happens When I Can’t Complete My HAMP Trial Plan?
Friday, April 2, 2010
As part of The Administration’s new plans last week, they’ve clarified what you can expect to happen if you are unable to make your HAMP trial plan payments and want to try a short sale. In addition, they've released guidance that limits your servicer's ability to foreclose until they've evaluated you for HAMP.
Continue reading...January’s Top 5
Tuesday, February 23, 2010
January was a very busy month for us here at Truth in Foreclosure and we had more site visits than any other month in our 3 year history. So we’ve put together the top 5 posts for January so you don’t miss anything.
Continue reading...Six Reasons to Hire a Foreclosure Lawyer
Tuesday, October 13, 2009
Find out the 6 reasons you want to use a lawyer in your foreclosure battle. While they aren't necessary in every case, they are often extremely helpful and worth what you spend on them. And they're often not as expensive as you might think. Come read the article where I give the 6 reason to use one as well as some resources to find expert consumer attornies that won't strip the shirt off your back.
Continue reading...Called on the Carpet for Denied Loan Mods – Is Wells Fargo the First of Many?
Wednesday, September 9, 2009
According to a story in yesterday’s DSNews, a senior Wells Fargo executive was called into court to testify about why the company didn’t operate in good faith as it considered a loan modification of a homeowner in Phoenix. Come see what happened and what it means for your efforts...
Continue reading...Dirty Tricks and How To Avoid Them
Thursday, July 2, 2009
As lenders try to minimize losses in today’s real estate climate, they’re trying to grab every income stream they can. For example, if you’re doing the right thing and trying to sell your home through a short sale, or pursuing a deed in lieu…or even if your home is foreclosed upon, they may still come after you for the debt you owe! Find out how to protect yourself in today's article.
Continue reading...Quit Trying to Save Your Home
Tuesday, August 19, 2008
As much as we hate to admit it, not everyone is going to be able to stay in their home. How do you know if you can? It's actually pretty straight forward because your lender looks at the situation from a strictly financial perspective. When you're in the evaluation stage of deciding whether to stay and fight to save your home or not, you too. Start by asking yourself these four questions.
Continue reading...Workout Options not Dependent on Lenders
Tuesday, February 19, 2008
Selling your home is the most common way to exit foreclosure without getting approval from your lender. If selling isn't an option for you, you can also consider pursuing legal action against you lender or filing bankruptcy in some situations. Both of these actions, however, require local, experienced legal counsel.
Continue reading...
- You've Been Turned Down for HAMP...Now What?
- Called on the Carpet for Denied Loan Mods – Is Wells Fargo the First of Many?
- HAMP Switches Gears…Away from Mods to “Avoiding Foreclosure”
- Plenty of Loopholes in New HAMP Writedown Plan
- Foreclosures Take 12 Months on Average
- Continuing the Predatory Lending Fight
- Net Present Value and Why It Matters to You
- Chase Plans Foreclosure Prevention Events
- Mortgage Modification Conversion Drive - Part 2
- HAMP Update – New Program Offers Borrowers Foreclosure Alternatives
- Todd Temaat: The bottom line is that once the home is sold, it'...
- Todd Temaat: First of all, just because the bank says you CAN s...
- Todd Temaat: I'd recommend going to your state attorney general...
- Jane Stewart: Dear Todd, We got behind on our mortgage and was ...
- D Weaver: I applied for the Home Modification program last m...
Wednesday, April 28, 2010
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