Category Archives: Foreclosure Prevention

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 »

More Borrowers Default On Mortgages As Holidays Approach

‘Tis the season for giving, but if many of us don’t curb our spending habits, the only thing we’ll be giving is our home – back to the bank. Just as the media was reporting in September that an economic recovery was underway, there were still roughly 4 million homeowners either in some stage of… Read More »