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Loan modification, foreclosure defense, short sales and other strategies for the burdened homeowner

Tag Archives: Bankruptcy

USA Short Sales: Don’t Be Afraid To Tell The Truth In Your Hardship Letter

USA – It is not a lot of fun to write a hardship letter. In fact, it can be depressing. Many people may not know how bad their lives have become until they reach a point of writing a hardship letter. Click here to discover how other sellers successfully did a short sale and avoided… Continue Reading

USA Short Sale Question: Should I Short Sale Or Declare Bankruptcy?

USA – The Stop Foreclosure Institute recently received a question from James. Here is his question. “I am upside down by $300,000 on my home. I want to move, but I am concerned about having that $300,000 debt chasing me for the rest of my life. A friend mentioned I could get it wiped out… Continue Reading

USA Short Sale Question: Can My Lender Force Me To Repay Them?

USA – A lot of homeowners want to short sale and walk away from the upside down debt. They don’t feel that it is their fault the housing market crashed. We get the following questions a lot. “If I short sale, then how likely is it that my lender will sue me to repay them?” “Will… Continue Reading

Fixing Credit After A USA Short Sale Step 3: Rank Items In Order Of Importance

USA – The next step in going over your credit reports is to really rank the items being reported about you to find ones that are the most negative. Rank the negative items with the MOST negative ones given the lowest ranking. Get my Free, Step By Step Loan Modification Guide by clicking here. You… Continue Reading

USA Short Sales: My Ex Is Short Selling. What Can I Do?

USA – The Stop Foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. She got the home… Continue Reading