ABI Blog Exchange
Understanding common terms used in mortgages is crucial for anyone involved in buying a home or anyone who is facing a legal situation related to their mortgage, such as foreclosure.
What Do the Most Recent Bankruptcy Filing Statics Mean? JDSupra has an interesting article discussing the recent upswing in bankruptcy filings and what the data means.
Homeowners at risk of foreclosure or tenants behind on rent may find that a ‘cash for keys’ agreement is the most viable solution.
Among the many options overlooked by homeowners, one of the most commonly overlooked is a reversed mortgage. A reverse mortgage is a system that allows homeowners to borrow against their own home equity while still being the homeowner.
Chicago Booth Review has an article on Why Small Businesses Are More Reluctant to File for Chapter 11?
I Stopped Paying My Private Student Loans, and Somehow Got Lucky
Foreclosure is not something any homeowner wants to go through, but it might be unavoidable. Many people find moving on from the foreclosure process difficult if they are hit with a deficiency judgment.
A New York state court has voided a $1.3 million loan agreement to a corporate borrower because the loan agreement’s stated interest rate of 34% violated New York’s criminal usury
The bankruptcy means test, designed to keep people out of bankruptcy, has a fatal weakness. Like so much recently, it’s health care. Health care, in the future, to be paid before creditors get any money.
Paying only the minimum payments on your credit cards can be detrimental to your financial health.
Bloomberg is reporting that Business Bankruptcies Soar in August as Rising Interest Rates Bite.