NEW MODIFICATION ALTERNATIVE
Posted on Wednesday, April 18th, 2012
A new modification alternative is being offered by Servicers for eligible underwater Borrowers. This is called the Shared Appreciation Modification Agreement. Here is how it works:
(1) The Lender grants the Borrower a modification, usually with [...]
PUTTING THE SERVICE BACK IN MORTGAGE SERVICING
Posted on Wednesday, April 18th, 2012
An exciting new rule for Mortgage Servicers is being explored by the Consumer Financial Protection Bureau (“CFPB”) to protect consumers from being hit by costly increases in their mortgage payments or interest rate and for [...]
The Legal Process Surrounding Foreclosure
Posted on Wednesday, April 18th, 2012
Karen M. Kennedy & Associates, P.L.C.
Managing Partner: Karen M. Kennedy
Associate Attorney: James R. Meizanis
The Legal Process Surrounding Foreclosure
The first thing that a borrower facing foreclosure must understand is the legal process surrounding foreclosure. A borrower [...]
When you get sued…Don’t just sit there…Call us!
Posted on Saturday, October 22nd, 2011
If you get sued, don’t just sit there, CALL US!
When people get sued, they feel helpless, especially when they know they owe the money. When people feel helpless, they tend to just sit back and [...]
What Can Filing Bankruptcy Do For Me?
Posted on Saturday, October 22nd, 2011
Are you a good, honest, hardworking American?
Good, then don’t beat yourself up.
Get the help you need and get it fast!
Get released from debt you can’t pay.
Break out [...]
What About Student Loans?
Posted on Saturday, October 22nd, 2011
What about student loans?
Can filing bankruptcy get rid of student loans?
The answer is simple: No, with one limited exception. You used to be able to file bankruptcy and eliminate certain student loans, but not any [...]
The Downside Of Co-Signing Credit Unions
Posted on Saturday, October 22nd, 2011
Why would a bank or credit union have one customer to pay a bill when they can have two?
With more and more poor credit ratings on the books, creditors are turning towards cosigned debts as [...]
Taxes and Bankruptcy: The Nuts and Bolts
Posted on Saturday, October 22nd, 2011
Most people think that filing bankruptcy can’t get rid of taxes. This is not true. Both Chapter 7 and Chapter 13 of the bankruptcy code provide for the elimination of substantial amounts of personal “income” [...]
Stop Harassing Phone Calls!
Posted on Saturday, October 22nd, 2011
Anyone who has ever been the victim of nasty or harassing phone calls from bill collectors knows that those calls can be bothersome, and in many cases extremely unsettling, frightening, and intimidating. Questions arise in [...]
Stop Bad Credit!
Posted on Saturday, October 22nd, 2011
Credit: What’s the real story?
Most viewers of this page will not have the best credit, if they have any credit all! That’s why you’re here and we have some great news for you. You might [...]
