If you're facing foreclosure then you have probably considered a loan modification or bankruptcy. First off, it's important that every debtor be fully prepared when applying for a loan modification and that they mentally...
The Federal Trade Commission has banned eight individuals and companies from selling foreclosure rescue services and ordered them to return $29.2 million in fees that they collected from distressed homeowners under the guise of...
Currently, bankruptcy judges do not have the power to modify the principal of residential mortgages during Chapter 7 or Chapter 13 bankruptcy. But many on Capitol Hill are suggesting that the Senate may revisit...
When facing foreclosure, homeowners can become desperate and do things that not only fail to save their home from foreclosure; but that could also further damage their finances. Below are three things that you...
Despite the enactment of the Protecting Tenants at Foreclosure Act of 2009 ("PTFA"), which provides important federal protections for tenants in foreclosed properties, many renters are still being unfairly evicted after foreclosure according to...
In the state of Texas, there is no opportunity to for a homeowner to redeem their property after a foreclosure sale. That's why it's important that homeowners facing foreclosure act quickly to stop foreclosure...
When a homeowner faces foreclosure there is often a lot of anxiety about losing their home and also about the foreclosure process itself. So what exactly happens when a lender considers a property for...
