Doing a Short Sale is far better for your overall credit profile than a Foreclosure, but it’s very important to always file for Chapter 7 Bankruptcy first if you need to because you might not qualify if you do the Short Sale first. More Free credit advice from Mr Credit. MrCreditRadio. com http SanDiegoMortgageMoney. com [...]
We live in Washington. We own a home that has 95K in equity – but we owe the IRS about 85K. We have gone through the pre bankruptcy counseling and they say we HAVE to file – because we are in the hole 6K per month (long story – I owned a business and got [...]
Rep. Dennis Ross (R-FL), Chairman of the House Subcommittee on Federal Workforce, US Postal Service and Labor Policy, discusses the need for the United States Postal Service to develop and implement a new business model that will reduce costs and adjust delivery frequency. House Committee on Oversight and Government Reform hearing on, “Are Postal Workforce [...]
The minimum payment of 2. 15% of the outstanding balance. Well of course I cant that’s why I am doing the debt managment. So in other words unless I pay them what they want per month they wont accept payment is what I was told. Do I have any recourse? Because the only other option [...]
Merkel: Italy must send signal on budget reforms BERLIN (Reuters) – German Chancellor Angela Merkel said on Monday that Italy must demonstrate it is undertaking the budget reforms required to restore confidence in the euro zone, and she was confident that it would do so. Read more on Reuters via Yahoo! News
Filing Bankruptcy Top 5 Things You Must Do The real estate market has caused more financial disaster to families than ever before. Property values have plunged up to 50% or more in some areas and few experts predict any kind of growth for years to come. Read more on Business Insider
creditrepair. creditcard-debt-advice. com A low credit score does not necessarily mean an inability to obtain a loan or mortgage. That’s if you don’t intend to keep it that way. These fast credit repair tips are sure to boost credit score and would prove to be very valuable in the future. Click the links below to [...]
I wanted to do credit card debt consolidation but I am skeptical if this is a good idea with the economy. I am very far behind on my credit card bills and the only reason I can’t afford them now is because the min payment has gone through the roof. The all together debt that [...]
Financial watchdog: Cost must be clear WASHINGTON, D.C. – No tricks. Less fine print. Clearer agreements. That’s how banks should market products to consumers, says Elizabeth Warren, the Harvard law professor in charge of setting up a new federal agency that will police credit cards, mortgages and other financial services. The Consumer Financial Protection Bureau [...]
Kan Says Japan Must Shoulder Rising Welfare Cost, Embrace Trade Prime Minister Naoto Kan said the Japanese public will have to bear “a certain level of burden” and called for embracing free trade as the government opened parliament with warnings of severe financial difficulties. Read more on BusinessWeek
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