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

Tag Archives: Borrowers

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

7 ways to buy more time so you can do the right thing

I do not condone all of these activities for all instances. But by using these strategies you may be able to slow the sherif 1. Chapter 7 bankruptcy – This bankruptcy dissolves all debt and absolves you of the responsibility to pay it. It will temporarily delay foreclosure while the U.S. Bankruptcy Court works out… Continue Reading