Foreclosure Settlement for Oregon and Washington

Due to a massive federal settlement regarding foreclosure abuse, checks for 4.2 million mortgage borrowers, thousands of them in Oregon and Washington, will soon be in the mail. In most cases the checks will only go a small way towards repairing the harms suffered to date.
The agreement stems from a federal investigation of the robo-signing scandal. Robo-signing was the process that allowed mortgage servicers to foreclose on Oregon and Washington homeowners without properly prepared documents.

Today In Bankruptcy – 04-11-2013

bilde (1)Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for April 11, 2013 Reports: Fisker Automotive to file for bankruptcy this week Alfacam sees risk of bankruptcy, shares suspended Bankruptcy clouds ‘Girls Gone Wild’ collection path

Can Bankruptcy Reduce My Mortgage or Vehicle Payment?

 Dealing with Debt Obligations While Trying to Keep Up on the MortgageBankruptcy may help reduce your vehicle payment but your mortgage payment may not have the same option.  In other words, depending on which chapter you file you may be able to have your vehicle payment reduced, reaffirm your loan agreement with the lender, or set up a payment arrangement that helps you get caught up [...]

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