Category Archives: Foreclosure Prevention
Get Over Your Biggest Financial Fears This Halloween
Halloweens shoppers this year will spend billions of dollars on spooky costumes, gruesome props, and spine-tingling horror movies in order to scare ourselves silly. But I bet none of our creepy exploits will induce as much dread as we get opening the mail box and seeing (blood-curdling shriek) our credit card bill! Or mortgage bill…. Read More »
Loan Modification Program Hits Target, But Is It Enough?
The economy might be recovering, but we’re not out of the woods yet – especially when it comes to foreclosures. Even though a $75 billion government anti-foreclosure program recently reached its goal of helping 500,000 folks get loan modifications, that’s only one-eighth of the 4 million homeowners it originally set out to assist. And while… Read More »
Bankruptcies Increase as Americans Seek Debt Relief
The bad news: more consumers are filing for bankruptcy. The good news? More consumers are filing for bankruptcy. Personal bankruptcy rates were 41 percent higher this September than they were a year ago, according to the American Bankruptcy Institute. Now, a surge in bankruptcy filings certainly isn’t something to jump up and down about because… Read More »
More Consumers Turning to Personal Bankruptcy
Personal bankruptcies are on the rise, according to the American Bankruptcy Institute – and there’s a reason that might actually be a good thing. Obviously, filing for bankruptcy isn’t ideal. In a perfect world, we’d all be able to overcome our debt burden by making a budget and sticking to it. Actually, in a perfect… Read More »
Focus on Your Finances, Not the Economy
Some people look at today’s economy as a curse. But more and more, I’m starting to see it as an excuse – a scapegoat that’s holding us back from financial freedom. In all fairness, I will admit that the state of the economy has an effect on our finances. It can contribute to a lost… Read More »