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Josy Writes “My Real Estate Business Is Going Down The Drain”

Josy “Dear Steve, I am in the Real Estate Business. We are also a General Contractor. We currently have close to 4 million dollars in property, but have 1 million dollars in debt. But with the curent economy situation, we have found ourselves in a rut. With little money to build and lots of property … Read more

I Have a Mortgage With Chase, Will They Work With Me to Lower Payments? – Janet

“Dear Steve, We have more debt than we can handle. We have just seen a lawyer about bankruptcy. Even with bankruptcy our mortgage may be too much for us. I have a mortgage with Chase – after banruptcy will they work with me to lower payments? I have never been late with payments. Janet” Dear … Read more

Jason Has Not Paid His Mortgage in 10 Months And Wants to Keep His House

“Dear Steve, I fell behind on my mortgage payments then I stop paying my mortgage payments and let things get worse. I fell behind in my mortgage and then gave up and stop paying it. I’ve been in foreclosure for about ten or more months. In a few weeks there will be a court case … Read more

Ed is Disabled and Falling in Debt Fast. What Can He Do?

“Dear Steve, I am disabled and falling in debt faster than i can handle. I am barely staying alive with trying to feed my family. I am behind on my mortgage and regular bills (utilities). I stopped paying on my credit cards just to try and keep my utilities from being disconnected. credit card companys … Read more

Bush Administration Rolls Out Wimpy Mortgage Assistance Plan

The Bush administration today rolled out a plan to help homeowners in trouble with their mortgages. While proclaiming big help the plan does not go anywhere near far enough to help those in the most trouble. Homeowners 90 or more days late in their mortgage payments, owe at least 90% of their home’s current value, … Read more