Tag Archives: bank loan

What Happens When (Alleged) Greed Takes Over Your Life?

Earlier this month it was announced that John Voloshin was arrested for operating multiple alleged fraud schemes. According to allegations in court documents and statements made in court, Voloshin has represented himself to be in the business of real estate development. In approximately 2006, Voloshin asked an individual to loan him $500,000. Voloshin indicated that [...]

I’ve Been Called Back to Active Duty in the Army. What Do I Do About My Car Payment and Bank Loans? – Larry

Larry “Dear Steve, I have been called back to active duty. I do not make as much on active duty as I did on the civilian side. I am currently selling my house but even with it gone I don’t make enough to pay my car note and my bank loans. How do I fix [...]

Jerry Wants to Know How to Repay Debts He Can’t Afford

“Dear Steve, I have a time deposit at the bank and borrowed 80% of it using the deposit as collateral. I already skipped 3 payments even for the interest alone. My car is also mortgaged at another lending firm and I already skipped 2 monthly payment for my amortization. I have a small business but [...]