From How to Get Out of Debt

The sagging home values are drawing attention to a gaping hole in bankruptcy protection, the ability for U.S. bankruptcy judges to be able to modify the terms of a mortgage to keep people in their homes that want to pay. A couple of recent article really caught my eye, “Delahunt: Empower judges to modify mortgages” [...]

Read the full article at GetOutOfDebt.org, click here: Bankruptcy Judges Should Have the Power to Modify Mortgages

From How to Get Out of Debt

Last week I wrote an article Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out but more information has come to light since then. While consumer advocates are happy about the possibility of getting banks to write off as much as 40% of the debt in order to [...]

Read the full article at GetOutOfDebt.org, click here: New Concerns About 40% Credit Card Debt Reduction Proposal

From How to Get Out of Debt

Slowdown nails contractors: Dozens of Idaho small business owners ... Idaho Business Review, United States - 2 hours ago Most of the rest of their liabilities consist of medical bills, a car loan and credit card debt . · Boise home builder and contractor Russ Iverson filed for ...

Read the full article at GetOutOfDebt.org, click here: Slowdown nails contractors: Dozens of Idaho small business owners