Monthly Archives: February 2011

Stopping Foreclosures In New Jersey: A Winning Formula

The banks have attor­neys rep­re­sent­ing them and it just does not make any sense for a home­owner to try to save their home on their own. Don’t go to a gun­fight with a knife! Talk to a sea­soned attor­ney that spe­cial­izes in fore­clo­sure defense to find out what your options are.

House Bill Attempts To End Home Affordable Modification Program (HAMP)

Wash­ing­ton— A House com­mit­tee plans to write leg­is­la­tion next week to end the Home Afford­able Mod­i­fi­ca­tion Pro­gram (HAMP); The Obama …Read the Rest

Credit Debt Settlement

Celebrate Washington’s Birthday By Saving A Dollar A Day

In dif­fi­cult times like these it is hard to save money. But it doesn’t take a lot. The FDIC, which insures money in bank accounts, cre­ated the table below to illus­trate how putting aside just one dol­lar a day in a sav­ings account with five per­cent com­pounded inter­est would grow: At the ten year mark […]

Bank Regulator Pushing For Modest Settlement With Industry Over Improper Mortgage Practices

Look for fun­da­men­tal changes in the mort­gage loan indus­try, includ­ing changes to loan ser­vic­ing pro­ce­dures as prob­lems at the country’s largets lenders …Read the Rest

New York Courts Vow to Provide Legal Aid for Housing

The New York Times Pub­lished: Wednes­day, 16 Feb 2011 | 6:40 AM ET New York court offi­cials out­lined pro­ce­dures Tues­day aimed at …Read the Rest

Credit Debt Settlement

Will I loose my Personal Injury settlement in a bankruptcy?

One of the most com­mon ques­tions or con­cerns that peo­ple have when they file a bank­ruptcy case is whether they will loose any assets. The issue of retain­ing ones home, car and even wages has frankly been dis­cussed to death. How­ever, one issue that has not received the treat­ment it deserves is whether […]

Credit Debt Settlement

Mass. decision could wreak ‘havoc’ on mortgage industry

By Phillip Bantz
Staff writer Lawyer­sUSA
Jan­u­ary 10, 2011
A recent deci­sion from Mass­a­chu­setts’ high­est court could impact courts across the coun­try and lead to a flood of over­turned fore­clo­sures, exac­er­bat­ing the mort­gage mess.
The Mass­a­chu­setts court is the first state supreme court to rule that only the holder of a mort­gage may fore­close on a prop­erty, upholding […]

Foreclosure Hotspots

by Les Christie, staff writer Mon­day, Feb­ru­ary 14, 2011 Spar­tan­burg, SC Pop­u­la­tion: 287,000 Fore­clo­sure rate: One in 60 homes Per­cent increase in …Read the Rest

Credit Debt Settlement

Are You Committing Financial Infidelity?

Valentine’s Day is a time for romance but how many cou­ples are hid­ing a secret? A recent sur­vey con­ducted by Har­ris Inter­ac­tive of more than 2,000 adults reported than nearly three in 10 adults admit to lying to their spouses about money. Among the indis­cre­tions: 58% admit­ted to hid­ing cash 54% didn’t tell about a […]

January Foreclosures Drop Sharply To 3 Year Low

Fewer U.S. homes entered the fore­clo­sure process in Jan­u­ary than in any month in more than three years.  This fig­ure …Read the Rest

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