In a typical bankruptcy proceeding, an order is issued to stop all collection efforts and any foreclosure proceedings. Throughout the bankruptcy process, your mortgage lender will not be able to pursue foreclosure and must...
As the economy continues to beat down on industries around the nation, one of the country’s oldest businesses is facing the decision to close its doors or file for bankruptcy. The United States Post Office has been...
The short sale market, only a year ago, was a dismal place. Even today, it remains a woefully deficient marketplace where buyers, sellers and banks are constantly confused and disillusioned by new rules, fraud and bogus...
Underwater mortgage owners were given a life raft earlier this year in the form of a Federal Assistance Program. The Emergency Homeowners’ Loan Program (EHLP) was extended to families at risk of foreclosure. The program is...
Before approaching your bank about a mortgage modification, you need to ask yourself several questions: 1.) Is my financial health in trouble in the long or short term? 2.) What can I do now to improve my financial...
