“Dear Steve, I am 25 years old and have been married for six months. I have a substantial amount of debt from my student loans (almost 100k), a credit card with approximately $750, several medical bills that equal around $200, and a debt for $800 that is going to court. My husband and I live on about $2000 a month. ... Read More »

Here is a very interesting video from a family that was previously evicted from their home and returned six months later to look at the old house again. What struck me in the video was their statements about how much stuff they left behind when they had to leave the home. My experience with visiting foreclosures is they are often ... Read More »

Caroline “Dear Steve, We used to own a home with a 1st and 2nd mortgage. Because we were unable to keep up with the mortgage payments after our in-home daycare business closed, our home was forclosed in June 2008 and was sold in auction for about the same amount as our 1st mortgage I also had to stop making payments ... Read More »

“Dear Steve, Had my 2 homes foreclosed. One was already foreclosed and the second will be finalized on March 26th. I have equity line of credit loan’s and cosidering filing for bankcruptcy because I’ve heard that the bank’s will probably sue me for the amount’s owed on these loans. Help!!! Ana” The Answer   Dear Ana, The banks will attempt ... Read More »

Trevor “Dear Steve, Several years ago my wife and I lost our home to foreclosure in NC. The bank sued us for a deficiency judgment which of course we were unable to pay, because we could not even keep up the house payments despite emptying our life’s savings. Today, four years later, this judgment still hangs out there, gathering enormous ... Read More »