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Foreclosure Forum

Question About Debt Settlement?

Hi,
I have a $29,000 debt with BOA they said they are willing to settle it for $6,000 but theres no way I can come up with that all at once. They said they would do it installments over 4 months. I still can’t pay $1500 a month. I was wondering if it would be

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Foreclosure Forum

Question About Credit Card Debt Settlement?

I owe 1400 dollars and its accruing with 27% interest its been about a year since my last payment. I currently am unemployed and in the process of joining the air force. I talked to some guy who told me he would settle the account with a hardship settlement of 1060 dollars,

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Foreclosure Forum

What Do You Think About Bankruptcy When People Do It Deliberately?

What do you think about people who deliberately go into debt maxing out their credit cards and everything else under the sun. And than get out of paying their bills by declaring bankruptcy ? I know a person who is greatly in debt through irresponsibility and a lawyer told her just

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Foreclosure Forum

What President Bush Say About Foreclosure Can The Gorvernment Do Something?

do anybody know what do you have to do to avoid foreclosure

Foreclosure Forum

How Do Short Sales Work? What Are The Down Sides About Buying A “short Sale” Home?

The biggest down side is that it can take months.
Also, the home owner may not have actually cleared the sale with the lender first. It is entirely possible that the sales price is a bait and switch. Low enough to get you interested, but even at full price there

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Foreclosure Forum

How Do You Go About Filing For Bankruptcy> Or Who Qualifies?

I feel like I am going through a whirlwind and all I can see is the bottom and I’m falling flat on my face. Is bankruptcy something that helps you or makes it worse?? Anyone knows anything about it (bankruptcy) Please help…

Foreclosure Forum

Does Anyone Know About Home Loan Modification? Can A Real Estate Agent, Lawyer Or Someone Else Help Me?

we bought a home in july 2007, and since my mother’s fiance lost his job (due to the economy) to a much lower one, we no longer can afford the house like we once did. we also cannot sell it, as homes are becoming much more readily available for much cheaper than we paid. i

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Foreclosure Forum

How Should My Family Deal With The Date Set For Court Because Of Our House Is About To Be Put On Foreclosure?

our mortgage company wants to put our house on foreclosure
and my parents arent sure what to do.
any help please?

Foreclosure Forum

What Should I Know About Dealing With Credit Card Debt To Barter Down For Settlement.?

It depends on whether this is an active, current credit card or a defaulted credit card debt. If it’s an active account, the credit card company is unlikely to agree to a settlement for less unless you have some permanent change of finances, like medical disability. If you are able to negotiate a

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Foreclosure Forum

I Am About To Short Sale My Home And I Would Like Maintain The Mineral Rights. Can I?

My agent seems to think we can keep them but the buyer says they will come to him in the sale.