March 2012 The economy appears to be in recovery mode. According to the New York Times more and more people are staring to pay their mortgages on time. Before the current recession only about 5% of all mortgages were delinquent. At the height of the recession over 12% of all mortgages were delinquent. Currently, the...Read More
An article in the Los Angeles Times today told of a San Bernardino family who was able to win back their house. The foreclosure was rescinded. Now it is up to her and Bank of America to come to a settlement on the loan terms. Here is an excerpt from the article: Foreclosure commonly...Read More
Bankruptcy Can Help Prevent Foreclosure in Certain Situations One of the most common questions I get is whether or not bankruptcy will help a person keep their house from foreclosure. This is a common misconception that many people have about bankruptcy. Many people believe that if they file for bankruptcy they’ll be able to keep...Read More