Freedom And Hope Are On The Horizon
The state of California has imposed a new law that may help struggling homeowners stay in their homes. The program called "Keep your home", has went into effect in an effort to stop foreclosure. Freddie Mac and Fannie Mae are two of the financial institutions that...
Negative financial circumstances can sometimes lead people to financial disaster. In order to keep their heads above water, some California consumers resort to filing personal bankruptcy. In some instances, creditors may offer to settle the debt for a fraction of what...
There are a variety of reasons as to why many struggling homeowners have been faced with foreclosure. In some instances, bankruptcy is filed during the foreclosure process. Filing bankruptcy may also temporarily stop foreclosure in California. An individual who files...
Some of the top reasons for filing bankruptcy are due to medical costs and sudden job loss. Many California consumers may be reluctant to file personal bankruptcy because it stays on their credit for a certain amount of years. There are ways consumers can rebuild...
A family was subject to losing their home after their bank made huge errors on their file. The bank attempted to sell the home in foreclosure even though the homeowners were current on their payments. Fortunately, the California family was able to stop foreclosure on...
Many California residents have been unemployed for well over a year. After being out of a job for quite some time, some consumers are forced to dip into their savings or rack up credit card debt. There are ways for California residents to improve their financial...
Many consumers who use or have used credit cards usually believe that they will be able to pay off their debt. Due to unforeseen circumstances, however, some end up paying only the monthly minimum or nothing at all. In situations where the consumer is unable to pay,...
The economy may be boosting and foreclosures dropping for California residents. One of the reasons why foreclosures may be decreasing in California is due to stiffer rules and penalties on lenders. However, there are still many homeowners who are struggling with back...
It's a common but difficult problem. If someone co-signs for a credit card or other loan for someone else, and if the person defaults on the account, then the co-signer become primarily responsible just like the original borrower. But what if the original borrower...
Living the American dream is what most California residents strive to attain. After dedicated years in the workforce, people expect to one day retire comfortably from the fruits of their labor. However, along the path to success people are bound to accumulate debt. It...