Can a Land Trust Bring a Lawsuit Against a Mortgage Holder? – Lyndha

“Dear Steve, Why isn’t the Land Trust a valid instrument to be used as a vehicle to quiet title and bring a lawsuit against an unscrupulous mortgage holder? Lyndha” Dear Lyndha, First off, you’d have to direct any specific legal question to a lawyer that is licensed to practice law in the state you live … Read more

I Can’t Get My Mortgage Modified and I’m Behind on Credit Card Debt. – Doug

“Dear Steve, I Was Injured On The Job An Can No Longer Work .When This Happened I Worked Out My Income Over The Next 5 Years The First 2 Years My Income Droped 35% The Next Year Another 15% The 4th Year Another 15% This Is Where My Income Is At This Time. The First … Read more

What Do You Know About Debt Source Solutions? – Jason

“Dear Steve, I’ve been trying to help my disabled father for over a year. His mortgage loan originated with country wide, then it ended up landing with BOFA. It’s been next to impossible to get a so called *HAMP, or *HUD help since they are nothing more than credit counseling centers that corresspond with the … Read more

My Friend Went With Fidelity Land Trust. She’s Not Sure if it’s a Sham? – Nelsa

“Dear Steve, I have a friend who could not afford her morgage payments and was approaching forclosure, she tried to do a modification with the mortgage company but they did not instead they sold the mortage to a nother company. This left the homeowner desperate and afraid of loosing her home, so he hired an … Read more

I’m Looking for Proof of the Claims Made by AJ Narasimhan and Jose Garavito of Mortgage Eliminators

“Dear Steve, On July 29 2012, I listen in to a “workshop” given by AJ Narasimhan, CEO and Jose Garavito, General Manager of Mortgage Eliminators. They claimed that they had over 100 Quiet Title Wins in Bankruptcy Court via the Adversial Process, therefore the BK Court was your friend. I have made a number of … Read more

Chase Bank Won’t Remove a Deed in Lieu on My Credit Report. – Shannon

“Dear Steve, I had a deed in lieu on a property in 2006 and in the process of trying to get it removed by contacting both the bank and credit bureau….the mortgage had need sold at least 3x and now Chase bank owns it. So after 2-3 letters to both the bank and credit bureaus….denying … Read more

I’m Looking for Information on Liberty Credit Law. – Rick

“Dear Jon, Just retired after 36 years in education. Retirement income is half of previous income. My wife works in school system as well. Our health insurance has increased 300 fold. While we were both employed previously our insurance was just dollars a month. Now that she has picked me up it’s increased to 300 … Read more

My Lender is Taking a Long Time on My Loan Modification. – Tenaz

“Dear Steve, I still have issue with my Home lender because is taking such long time to get Loan Modification for almost One year and 8 months.Now recently in California has passed several bills protecting the Home owner.I believe I have strong case,I’m looking for a Legal representation in contingency basis. Please Steve If you … Read more

My Tax Assessed Value Dropped and My Lender Won’t Modify My Mortgage. – Michael

“Dear Steve, First and foremost I would like to thank you for all of the advice and help that you offer on your website. I feel very fortunate to have stumbled upon it while doing a Google search, and applaude you for offering your feedback free of charge. My situation is as follows… I bought … Read more

I’m Thinking of Filing a Chapter 13 Bankruptcy to Strip Second Mortgages on Two Homes – Rey

“Dear Steve, I own two properties one is a single family home which is our primary residence and the other is an income property. Both houses have a second loan. The second loan in the income property is for $175,000.00 founded through a private lender with a high interest rate. I owe about $65,000.00 on … Read more

We Defaulted On Our Real Estate Investment Property. What Can I Do? – Thomas

“Dear Steve, I entered into a joint investment in a real estate home site in North Carolina in 2005 with a close friend. The investment totaled $119,000 and we put in about $ 15,000. each and financed with a local bank for a three years interest-only bearing loan. After three years, the real estate industry … Read more