There are so many numbers, codes and passwords that we all need to remember every day. It's amazing the knowledge that we can store in our brains with all of the times we have to login to various systems on a regular basis. But while we all know and remember how to...
Month: June 2012
For war veteran, bankruptcy isn’t going as planned
Filing for bankruptcy protection comes with benefits, but it can also come with repercussions that are not easy to live with. A lower credit score, for example, is a negative outcome of bankruptcy. And in some cases, people lose their homes due to the legal process....
Wrongful foreclosure victims could be paid up to $125,000
In recent years, mortgage servicing companies have foreclosed millions of homes in error or because of unethical processes. In 2010, government investigators uncovered problems such as banks using "robo-signers" to automatically process foreclosure documents,...
Florida mobile home residents seek loan modification from bank
Today, the residents of a trailer park community in Florida might find a solid reason for hope. In 2005, residents of the community came together to get a loan to buy the mobile home park area. Just as it has happened for so many borrowers in Florida and throughout...
Father hounded for student-loan payments after his son dies
Student loans used to be simpler. You would take out a loan from a particular lender and pay it back to that same lender. If you had any problems, you would know who to call. Nowadays, student loans are often sold and then repeatedly resold and sometimes combined into...
For twenty-somethings, the American Dream is postponed
Many of us have seen the numerous "For Sale" signs throughout our neighborhoods, whether we live in Orlando or up in Detroit. The signs can be a source of sadness, worry and frustration. It's all too common for families to lose their homes to foreclosure or to...
Old ‘Real Housewife’ wants fresh start with Chapter 7
Apparently, getting a gig on reality television isn't all that it's cracked up to be. Danielle Staub used to be part of "The Real Housewives of New Jersey" cast, and now she is part of the list of housewives stars to have filed for bankruptcy protection. When Staub...
U.S. soldiers facing battle against loan scams upon return
No one is immune to the many financial struggles that have changed the landscape of the U.S., not even our country's brave servicemembers. It's already unfortunate that soldiers return home from war to a dark financial and real estate landscape. It's even worse that,...
Banks, regulators, dropped the ball on foreclosure procedures
Between 2009 and 2011 a lot of people faced home foreclosure for different reasons. Some were unprepared when their ARM mortgage adjusted to a higher rate. Others faced a loss of income in the household and were unable to keep up. Whatever the reasons home owners fell...
Former Tampa Bay Buccaneer Warren Sapp files for bankruptcy
If you are facing financial difficulties, it can feel like it's just you, all alone, facing your creditors and your mounting debts. But it is crucial to remember that you aren't alone. People of all socioeconomic stripes encounter financial problems. It's a stroke of...
