Home -> Law Blog Directory -> Consumer Law Blogs -> Alabama Consumer Blog
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Consumer Law
: Alabama Consumer BlogRecession's Effect on Mortgages
By M. Stan Herring
The Florida Bankruptcy Attorney Blog has posted an article that discusses the effects of the recession on mortgage payments, especially people with 2 mortgages to pay.
It's possible to have taken out a "second home equity line of credit" to catch up with delinquent payments. However, if all that money has been spent and payments are still incomplete, this article suggests bankruptcy as a possible option. Bankruptcy would allow for the removal of the second mortgage, as well as lower the total mortgage payment.
If you have questions about bankruptcy, feel free to contact us.
Full post as published by Alabama Consumer Blog on May 15, 2009 (boomark / email).
Reverse Mortgages
Consumer facts
The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
Loan Backers
Mortgage Lenders Network pays $855,000 bankruptcy settlement for unfunded mortgages.
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
Banks who buy mortgages may not be able to foreclose
NPR story focuses on elders victimized by reverse mortgages
Nationalize the Banks, Modify the Mortgages
More Mortgages in Trouble: Neg-Am and Option-Am
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Oil Spill Video
All original material © 1999-2011 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |