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Blog Posts in June, 2011

Be Cautious of Your Mortgage Company and Loan Modifications

Many Americans who can't afford their monthly mortgage payments have tried to cure the problem by filing for a loan modification. Numerous lenders have created in-house mortgage negotiators to review ...
Continue reading "Be Cautious of Your Mortgage Company and Loan Modifications" »

Debt Settlement Company Files for Bankruptcy

Look in the dictionary under "ironic" and you may see a picture of Debt Relief USA of Addison, Texas. In 2009, Debt Relief USA, a company that advertised services to help consumers avoid Bankruptcy, ...
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What Happens When a Creditor Forgives a Debt?

One of the reasons people file Bankruptcy is to get a "discharge." A discharge is a Court Order, which states you do not have to pay most or all of your debts. A discharge means you no longer have ...
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Unemployment Benefits Have Increased -- But Jobs Remain Scarce

Over the last several years, unemployment has increased dramatically. Millions of Americans rely on unemployment benefits to make ends meet and find a new job. What happens when this benefit ends? ...
Continue reading "Unemployment Benefits Have Increased -- But Jobs Remain Scarce" »
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