Articles from Vonda S. McLeod, Attorney at Law

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Fannie To Allow Walkaways by On-Time Borrowers: Mortgages – Bloomberg

Submitted by Anonymous (not verified) on Tue, 01/29/2013 - 20:03

Fannie To Allow Walkaways by On-Time Borrowers: Mortgages – Bloomberg.
Exciting news if you have a Fannie Mae or Freddie Mac insured loan.  With the upcoming changes, you may be able to walk away from a home that is underwater without owing a deficiency to the mortgage company and without going into foreclosure.

Ask a Bankruptcy Attorney: I Don’t Own Anything. Can I file Chapter 7?

Submitted by Anonymous (not verified) on Sun, 12/09/2012 - 23:30
Question mark
Marco Bellucci / Foter / CC BY

Q:  I want to file Chapter 7 bankruptcy and I should qualify because I don’t own anything, right?  The only thing I have is my car and my house.  I would pay all my bills now but I’m waiting on a lawsuit settlement that hasn’t come in yet.  –Amanda P.

Christmas Shopping on a Budget

Submitted by Anonymous (not verified) on Sun, 12/02/2012 - 23:26

Ever had a Black Friday Hangover?  A Black Friday Hangover is when you overindulged on so many seemingly great deals that you ended up overspending and now dread the ensuing financial headache.  There are ways to enjoy Christmas shopping and avoid the hangover but you must be diligent and remember the magic word:  ”No”.
1.  Just say No to Store Credit Cards

Christmas Shopping on a Budget

Submitted by Anonymous (not verified) on Sun, 12/02/2012 - 23:26

Ever had a Black Friday Hangover?  A Black Friday Hangover is when you overindulged on so many seemingly great deals that you ended up overspending and now dread the ensuing financial headache.  There are ways to enjoy Christmas shopping and avoid the hangover but you must be diligent and remember the magic word:  ”No”.
1.  Just say No to Store Credit Cards

Ask a Bankruptcy Attorney: Can a Debt Settlement Company Help Me Avoid Bankruptcy?

Submitted by Anonymous (not verified) on Sun, 11/25/2012 - 00:07

Q:  I keep hearing about debt settlement companies.  Are they a legitimate way to avoid bankruptcy? – John L.

Ask a Bankruptcy Attorney: Can a Debt Settlement Company Help Me Avoid Bankruptcy?

Submitted by Anonymous (not verified) on Sun, 11/25/2012 - 00:07

Q:  I keep hearing about debt settlement companies.  Are they a legitimate way to avoid bankruptcy? – John L.

Elizabeth Warren: “We’re gonna hold the big guys accountable.”

Submitted by Anonymous (not verified) on Wed, 11/07/2012 - 19:31

Vowing to make the billionaires pay their “fair share”, the country has a true consumer advocate in Massachusetts now.  Elizabeth Warren, a law professor who moonlights as a true champion of the middle class consumer, beat incumbent pretty-boy Scott Brown for the Massachusetts Senate seat vacated by Ted Kennedy.  Warren created the Consumer Protection Bureau although Wall Street interests had her ousted from her position as director when they saw her headlights in their rear view mirrors.  If there is anyone who can give the middle class hope, it is her.  Congrats Senator Warren!

Elizabeth Warren: “We’re gonna hold the big guys accountable.”

Submitted by Anonymous (not verified) on Wed, 11/07/2012 - 19:31

Vowing to make the billionaires pay their “fair share”, the country has a true consumer advocate in Massachusetts now.  Elizabeth Warren, a law professor who moonlights as a true champion of the middle class consumer, beat incumbent pretty-boy Scott Brown for the Massachusetts Senate seat vacated by Ted Kennedy.  Warren created the Consumer Protection Bureau although Wall Street interests had her ousted from her position as director when they saw her headlights in their rear view mirrors.  If there is anyone who can give the middle class hope, it is her.  Congrats Senator Warren!

3 Ways To Stop Being “Desperate But Not Serious” About Avoiding Bad Financial Choices

Submitted by Anonymous (not verified) on Sun, 10/14/2012 - 19:31

Living from paycheck to paycheck?  Had a major expense recently but not enough funds to cover it?  Are you frequently overdrawn at the bank?  Being desperate for cash can turn you into a victim.  Here are three things to do to avoid letting desperation keep you broke.
 
EVEN IF YOU ARE DESPERATE DON’T GET PAYDAY LOANS

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