Monthly Archives: March 2012
Can You Continue a Loan Modification If You Are Under Bankruptcy Protection?
Written on , by BLP
We have been able to stop or postpone foreclosure auctions or trustee sales for many of our clients, but many new clients ask us if a loan modification is possible to complete while the homeowner is under bankruptcy protection. It is possible to complete a loan modification during a bankruptcy. Usually, the bank or mortgage Continue Reading
Suze Orman Video on Bankruptcy
Written on , by BLP
Suze Orman is an expert and authority on personal finance. Check out this video about her perspective on bankruptcy. Although bankruptcy is generally something perceived as a negative activity in someone’s life, in some cases, it may be a necessary step in order to change the financial path that an individual, family or business may Continue Reading
Bankruptcy and Payday Loans
Written on , by BLP
A payday loan, also known as a paycheck advance or cash advance, is defined as a short term loan made available to those expecting a paycheck in the future to repay the debt. The interest rates on these loans are not usually calculated and presented in the same way a credit card interested rate is Continue Reading