201503.30
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Predatory Auto Subprime Car Loans

These loans are often bought and sold in securities markets but can be serviced by the original lender. Without a home you may live with a relative or you may even live out of a car. But if you don’t have a car to get to work in life may be impossible. In 2015 Santander Consumer…

201410.26
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Senior Citizens Social Security Student Loan Garnishments

In 2005, older adults owed $2.8 Billion in federal student debt. In 2013, this increased to over $18 Billion, according to the Government Accountability Office (GAO) in 706,000 households compared to 22 million households with the remaining student load debt. People over 65 left on social security default their student loan debt at a much higher rate. Although other debts like income taxes…

201408.25
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Bankruptcy Time Limits and Filing Periods

Timing when to file bankruptcy is everything. It hurts a lot less if you know what to do.  It is a lot less stressful if you know what you are doing and what is happening. File too early and you may not discharge certain debts like an income tax or some student loan debts. Wait too long and the…

201406.19
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Kentucky Default Summary Agreed Judgments

Judgments Generally A judgment is the written decision of a court. If you disagree with a judgment you have a very short period of time to object or you have agreed to the decision. Once a judgment has been issued the creditor can start garnishments and attachments. The first thing the creditor immediately does is to issue…

201404.14
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Rescue and Predatory Home Mortgage Fraud

Rescue and Predatory home mortgage frauds are common. Persons claiming to be the mortgage company, government agencies and investors will often promise to buy your home, work out a deal with the mortgage company or make your home payments for you. They steal your home, mortgage payments or money. In early 2014 what seems another mortgage…

201404.13
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Foreclosure Landlord Tenant Lease PTFA

The Landlord owns a property until the day the property transfers to the new owner. The Landlord or Owner may occupy, use, lease or sell property as he or she sees fit unless the mortgage and note have some restriction. There are often restrictions like this in large building commercial mortgages but it is rare…

201312.22
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Kentucky Deed in Lieu Law

A question on Kentucky Deed in Lieu Law as answered on Avvo: A deed in lieu of foreclosure only means you automatically and immediately lose possession of the home. There is no substantial advantage to your credit for surrendering the home and you are normally still liable for the mortgage deficiency. Even if you have it…