A short sale can sometimes be the best means of avoiding foreclosure when a homeowner is feeling swamped by mortgage debt. However, many homeowners are struggling at present—especially in states such as Nevada, Arizona, and...
This week, the California Attorney General, Kamala D. Harris, withdrew from settlement negotiations with major banks over alleged foreclosure abuses. Harris removed herself, claiming that the deal was unfair to injured...
10 Oct, 2011
Winterize Your Money
As the seasons change it reminds us that winter is just around the corner and, with it, the holidays. Many people are preparing their homes for the cold temperatures and stocking up on must have holiday items, but most people...
A state agency in Arizona, originally founded to help homeowners resist foreclosure, has turned instead to helping people sell their homes at reduced prices through short sales. Insiders claim that this turn is due chiefly to...
10 Oct, 2011
Bankruptcy Myths # 1: I will Lose My Assets
It isn’t uncommon to hear people say they fear losing all of their assets when filing for bankruptcy. People assume that their assets will be seized and liquidated by creditors in order to satisfy their debts. Although...
