Bankruptcy

Today's news...

By Bill McLeod, Esq.

If you're trying to get a loan modification, you might be interested in this from the LA Times.

Condo owners take note: your neighbor's financial woes might become your own. See the Miami Herald for more. Which reminds me, if you own a condo and are hoping to refinance, you might be interested in this Boston Herald article.

Ever wonder how you get targeted for all those pre-approved offers, or multiple other offers and solicitations you get? See what Credit Learning Center has to say.

The price of oil is up over $119 this morning. Yesterday I met with a client who told me that their oil company was not offering contracts that would allow them to lock in their price for next winter.

Democrats in Washington have proposed a new government backed loan to help homeowners whoa re facing foreclosure. There's a catch.

...lenders would have to agree to wipe out part of their debt. And the borrowers would have to show they could afford the new mortgage. They also would have to agree to share any future profits on the home with the government.

Read more here.

Full post as published by McLeod Law Offices on April 22, 2008 (boomark / email).