Category Archives: Mortgages
Questionable Foreclosure Practices in Chicago put Banks on the Hotseat
As The New York Times recently reported, the country’s most powerful banks aren’t trying to fix the problems with robo-signing and shady business practices in foreclosure cases by actually fixing them, but instead by trying to pay off the government. Chicago Foreclosure Attorneys have watched as the country’s financial crisis started in the mid 1990s,… Read More »
Banks Hoping to Pay Fines to Settle Bad Foreclosure Practices in Atlanta, US
A New York Times article reports that the institutions that service about two-thirds of the mortgages in the United States have offered $5 billion to settle allegations of robo-signing and other shady practices that wrongfully took away homes from troubled borrowers. It’s not news that foreclosures are a problem in Georgia and elsewhere in the… Read More »
Consult an Atlanta Bankruptcy Attorney to Stop Foreclosure
The Atlanta Journal-Constitution recently reported that foreclosure notices in the Atlanta area rose 22 percent in May from April. If you are upside down on your mortgage like many Georgians, consult with an Atlanta foreclosure lawyer so you can fight for your home. In the near future as many as 7 million American homes will… Read More »
Those Considering Bankruptcy in Chicago already have Credit Score Blues; New Beginning a Sigh of Relief
We exercise. We visit the doctor regularly. We eat healthy — all to preserve our physical health. But taking care of your financial health is every bit as important. The estimated credit card debt in the United States is nearly $15,000, according to Credit Cards.com. Many blame the recession, the deteriorating housing market and other… Read More »
Mortgage Assistance Program Fails — Struggling Atlanta Homeowners Best Served by Qualified Attorney
The government’s plan to kill its mortgage modification program will likely have a minimal impact on consumers; the plan distributed only about $1 billion of the $50 billion earmarked for foreclosure prevention as banks fought the government every step of the way. For many trying to stop foreclosure in Atlanta, even acceptance turned out to… Read More »