It seems that more and more Americans are falling behind on their debt. This is not just mortgages and subprime borrowers. People are falling behind on credit cards, car loans and overdraft lines of credit. And things do not look like they are going to get better any time soon. …
Read More »Preventing Foreclosure With the MMA
For those of you who did not know already, foreclosure is the legal process by which a mortgager of real property is deprived of his interest in that property, due to failure to comply with the terms and conditions of the mortgage, which typically means that the mortgager was unable …
Read More »Debt Matters
With the UK consumer debt now exceeding the gross domestic product, it looks as though there are choppy times ahead. The housing market appears to be slowing and food prices are rising. So where does this leave the little guy? Debt is one of the most unpleasant four letter words …
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