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Home > Author Archives: Steve Rhode (page 670)

Author Archives: Steve Rhode

Foreclosure Rescue and Mortgage Modification Help Just Bad Actors in New Clothes

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The New York Times has a great article out about the transformation of subprime mortgage brokers into new entities that promise to sell help for people to get mortgage help. Late last year, he and his team — ensconced in the same office where they used to broker mortgages — began working for a loan modification company. For fees reaching ... Read More »

    I’m With Allegro Law But on Disability and Being Sued. What Should I Do? – Myra & Grace

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    Myra & Grace I don’t think I’ve ever combined two questions together before but since these are so similar in recommendation I thought I would. “Dear Steve, I am with Allegro Law since Nov and they have been taking $363.00 out of my checking account since then, now They tell me about the lawsuit n telling me a receiver taking ... Read More »

      Would It Be Better to Go Bankrupt Now Or Plug Along. – Ann

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      “Dear Steve, $47500 in credit card debt, $1000 monthy mortgage, $1000 monthly vehicle payments, then of course insurances, utilities, and general living expenses Squeezing by we are making it month to month, paycheck to paycheck, still occassionally using the credit cards when things come up – no savings outside of retirement. Unsucessfully searched for more gainful employment over the past ... Read More »

        We Want to Start Paying Back Old Debt From Six Years Ago. – Jen

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        Jen “Dear Steve, Well we are young (24)married, and make good money, also live above our means a bit. depending on where you live this may sound high to you, but we make 70k a year, and about 4-7k per month varying. well it wasnt always this way, back when we were 18 my hubby got a truck re-posessed and ... Read More »

          I Used to Live in the U.S. and Have Some Old Debt But I Now Live in Australia. – Max

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          Max “Dear Steve, I am 25000. usd in credit card debt . I don’t live in the states anymore . i live in australia . i am australian but have a green card . i want to pay it back but i am currently unemployed and i have no plans to go back to the states . what should i ... Read More »

            I Came to Aussie Last Year and Can’t Afford My Mobile Phone. – Johnny

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            Johnny “Dear Steve, I came to aussie in december last year and i got on a mobile phone contract i lost my job and i cannot pay it anymore. My phone got cut and they are threatening to report me to dun and bradstreet. I got a new job but i get very little and they are asking for a ... Read More »

              I’ve Ignored My Debt for a Long Time and I’m Not Sure How to Proceed. – Brian

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              Brian “Dear Steve, I had about $47K in credit card debt and then lost my job and was sick and in a hospital. I was planning on filing bk, but due to the knew bk laws, I was unable to file bankruptcy. I was out of a job for about a year, and used any income I made to live ... Read More »

                Mortgage Lenders Start to Foreclose but Stop to Leave Owners On The Hook

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                I just finished reading a really great article titled “Lenders Abandoning Foreclosed Properties” that was eye opening. Apparently lenders are beginning the foreclosure process, the home owner moves out, but before the foreclosure sale is finalized, the lenders are halting them. This seems to leave the home vacant and still the financial responsibility of the owner that thinks they lost ... Read More »

                  I Just Signed Up For the Allegro Law Debt Settlement Program That Was Closed Down. What Do I Do Now? – June

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                  June “Dear Steve, Considering the recent news about “Allegro Law” how would you advise someone who is in their debt settlement program? We just signed up for a 4 year program in March 2009 and have sent them $2400. Should we stop the bank draft and notify Allegro we want out. June”   Dear June, If it is possible to ... Read More »

                    Should My Husband Cash in His 401K to Buy Some Cars? – Kris

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                    Kris “Dear Steve, My husband worked for a company that filed bankruptcy. He got another job and has 401k with them now puttin in the max. He received a letter the other day telling him he had to do something with his 401k from the previous job. We just bought a house, I lost my job and we both have ... Read More »

                      How Can I Get My Discover Home Loan Rate Lowered? – Glen

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                      Glen “Dear Steve, Work in Construction and only working 25-35 hours a week, girlfriend left me who payed half of home loan, first mortgage is $1035 a month includes taxes and pmi, 30 year fixed at 5.9%. I am fine with that. Home equity loan by Discover Home Loans remains $23,600 and 13 1/2 years left on it. Fixed rate ... Read More »

                        Bounced Mortgage Check and My Dad’s Back Credit. – Mary

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                        “Dear Steve, My father and his brother got a loan to purchase a house for their mother about 12 years ago through BOA. Apparently, back in April of this year my dads brother wrote the April mortage check for the payment and it bounced. The next month my dad writes the May mortgage payment and so and so on. Well ... Read More »

                          I Want You to Meet Who You Helped Today – Oscar

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                          It is important for you to meet who we helped today through this site. As I mention, all over the place, revenue from people clicking on ads and using the service of advertisers is used to help sponsor people in poverty through Kiva. Please visit or use the services of advertisers on the GetOutOfDebt.org site so we can help more ... Read More »

                            California Sues Individuals, Lawyers and Companies That Offered Loan Modification Services

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                            Attorney General Brown Sues 21 Individuals and 14 Companies Who Ripped Off Homeowners Desperate for Mortgage Relief As part of a massive federal-state crackdown on loan modification scams, Attorney General Edmund G. Brown Jr. at a press conference today announced the filing of legal action against 21 individuals and 14 companies who ripped off thousands of homeowners desperately seeking mortgage ... Read More »

                              New Jersey Goes After Loan Modification and Debt Settlement Companies. Suits Filed.

                              Continuing the State’s effort to combat mortgage-related fraud, New Jersey Attorney General Anne Milgram announced today the filing of two new lawsuits charging a total of 10 individual and corporate defendants with selling bogus loan modification services to distressed homeowners. Defendants in the two unrelated cases are charged with collecting unlawful “up-front” fees for loan modification services that either never ... Read More »

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