Archive for July 14th, 2009

foreclosure
Dannai


I was wondering how foreclosure through a bank works? Such as, does a person default on thier loan and someone else takes over the remaining debt?
so lets say theres 450,000 left on a 600,000 loan, I would be able to owe somewhere around 450,000 and the previous owner loses the 150,000 he invested?

Comments (2)

debt consolidation
WONDER WOMAN


Hello, if your not behind in any of your credit cards and you just want to do debt consolidation because you have so many…How long does it report on your credit that you are in a debt consolidation program??

Comments (8)

debt consolidation
Man of La Mancha


I have about five to six unsecured debts [no credit cards] that i need to consolidate and make one payment or like. Bankruptcy is not an option for me. The total is around $10K. I am not interested in debt consolidation agencies, so far the ones i have talked to, i know more what to do than them…I can make monthly payments toward the debt and also pay reasonable fees and/or % of satisfactory arrangements. Anyone knows a serious, good attorney in the areas that i can contact for a free consultation. Thank you
Mr Gerald, with replies like yours no wonder you have so many answers….I am retired, disabled, soc sec, and yes i still work, as allowed…so your easy out is poor at best….thanks

Comments (4)