Monthly Archives: April 2010

Mortgage Fraud – Part 6 of 6 – Dateline NBC – Inside the financial fiasc…

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LEARNING HOW TO FIGHT THE COLLECTOR

By ANDREW MARTIN Among debt collectors, Steven Katz is known as a “credit terrorist.” For years, he has run what he calls the Steven Katz School of Bill Collector Education, otherwise known as the “credit terrorist training camp.” Mr. Katz, … Continue reading

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What Bankruptcy Can and Cannot Do

What Bankruptcy Can and Cannot DoCopyright 2010 NoloBankruptcy is a powerful tool for debtors, but some kinds of debts can’t be wiped out in bankruptcy.Bankruptcy is good at wiping out credit card debt, but you may have trouble eliminating some … Continue reading

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FORECLOSURE ACTIVITY INCREASES 7 PERCENT IN FIRST QUARTER

FORECLOSURE ACTIVITY INCREASES 7 PERCENT IN FIRST QUARTER Posted using ShareThis

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NEW DEBT LIMITS FOR CHAPTER 13 BANKRUPTCY DEBTORS

As of April 1, 2010, the 109(e) debt limits increased to the following amounts: Unsecured Debt: $ 360,475.00Secured Debt: $1,081,400.00 11 USC 109(e) defines who can be a debtor under chapter 13.  Of course, you can still file bankruptcy if … Continue reading

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FANNIE MAE POLL: CONSUMER FAITH IN HOMEOWNERSHIP DROPS

Interesting article in the Washington Post about Fannie Mae’s recent survey, which found that many people are less likely to take risks related to home-buying.  In 2003, 83 percent of those interviewed in a similar Fannie Mae study said real … Continue reading

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Things Debt Collectors Cannot Do

Here are a list of Things Debt Collectors Cannot Do:Debt collectors cannot:• Harass you or people who know you;• Talk to anyone except you (or your attorney ) about the debt;• Call people you know for any reason except to … Continue reading

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