Shady Debt Collectors Debt collectors are known to employ some shady tactics. From verbal intimidation over the phone, to mailing documents that look like official court papers and more. Debt collection agencies purchase old debt for much less than it’s original value. The sooner they can get paid, the better. This is why not all…
Foreclosure Rates for Most Expensive Homes on the Rise On behalf of Debt Advisors, S.C. It seems as though no home value is safe in the current market, and the current crisis is affecting people from all degrees of wealth. While it may be easy to assume that the most expensive homes were the first…
Wrongful Foreclosures: Reincarnated Mortgages Rising from the Dead In recent years, American homeowners have had to become ever more familiar with strategies to stop foreclosure and creditor harassment, especially families facing overwhelming medical bills or a loss of income due to unemployment. Many have taken action through loan modifications or refinancing to lower monthly payments…
Although the United States is now said to be out of the “Great Recession,” bankruptcy filings continue to rise nationwide. According to the U.S. Bankruptcy Court, “bankruptcy filings rose for the fourth consecutive year in 2010.” In fact, there was a 9.4 percent increase in national bankruptcy filings in the past year. Wisconsin filing rates have…
Improperly Submitted Foreclosure Documents In Wisconsin, foreclosure filings fell in November to their lowest total in two years. With unemployment rates rising, this was a curious development. Analysts were quick to point out that this apparent good news masked the real reason for the decline. For the past few months, there have been revelations that…
Three companies, Equifax, Trans Union and Experian, monitor individual credit, and a 2004 study revealed that a quarter of all reports had errors that could lead to a credit denial. Experts suggest obtaining your individual report from all three agencies before you apply for credit, especially if you are in financial hardship. Copy Of Credit…
