Archive for April, 2010
Frequent Questions about Loan Modification
A Loan Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford. Question 1: In utilizing the Loan Modification option to bring an asset current, can the mortgagee include all fees and corporate advances? [...]
Read Full Post | Make a Comment ( None so far )Common Myths about Debt Settlement Companies
In the current economy, debt relief programs like debt settlement have come under scrutiny from all angles. There is a lot of misinformation out there for consumers. The Association of Settlement Companies (TASC) has recently responded to help clear up the myths surrounds debt settlement. Debt Settlement Companies are “Scam Artists” In 2009, TASC members [...]
Read Full Post | Make a Comment ( None so far )How much can a creditor garnish from my wages?
Wage garnishment laws vary by state so whether or not they can garnish, how long they can garnish and for what percentage of your income all varies. The best way to prevent wage garnishment is to be pro-active when dealing with creditors and debt collectors. You should also understand the federal wage garnishment laws and [...]
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