Category Archives: Chapter 13
Atlanta Bankruptcy Attorneys Warn That Government Mortgage Program Is Increasing Foreclosures
Contrary to homeowner hopes, Uncle Sam’s $75 billion mortgage modification program may be causing more bad than good. Created early last year, the program was supposed to encourage banks to modify loans of the millions of Americans facing foreclosure. Unfortunately, it’s managed to permanently modify just 35,000 – a drop in a rather large bucket,… Read More »
Bank Lets Some Homeowners Stop Foreclosure This Christmas
Citibank is giving a few thousand Americans the ultimate Christmas gift this year. Problem is, there isn’t enough to go around. The megabank recently announced it would put foreclosures and evictions on hold for some 4,000 homeowners this holiday, according to MSNBC.com. The break applies to homeowners with Citibank-owned loans and lasts through the middle… Read More »
Some Home Foreclosures on Hold for the Holidays
Citibank is giving some 4,000 homeowners a very happy holiday. The banking giant is suspending foreclosures and evictions for people with Citi-owned loans through mid-January. A company spokesman said the aim is to reduce stress during a notoriously hectic time of year, according to MSNBC.com. In the meantime, the bank says it’s at work on… Read More »
Put a Stop to Harassing Creditors With Bankruptcy
‘Tis the season for Christmas cards and phone calls from family and friends, but some of us are receiving more hostile greetings over the phone and in the mail this season – from bill collectors. Unlike most folks, bill collectors don’t like to give breaks over the holidays. When you’re late on your debt payments,… Read More »
Bankruptcy Can Stop Creditor Phone Calls
Even though it’s December, some folks are hearing a different kind of jingle bells – the sound of their phone ringing off the hook with bill collectors on the line. When you’re late with payments on your debt, the bank doesn’t care that it’s the holiday season. Forget peace and goodwill towards men – collectors… Read More »