Looming Foreclosure Crisis: How to Help Families Save Their Homes

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437912559
Total Pages : 242 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Looming Foreclosure Crisis: How to Help Families Save Their Homes by : Richard J. Durbin

Download or read book Looming Foreclosure Crisis: How to Help Families Save Their Homes written by Richard J. Durbin and published by DIANE Publishing. This book was released on 2009-05 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses: Thomas Bennett, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of AL; Jacqueline Cox, Bankruptcy Judge, U.S. Bankruptcy Court for the N. Dist. of IL; Joseph Mason, Drexel Univ.; Nettie McGee, Chicago, IL; Mark Scarberry, Pepperdine School of Law, and Amer. Bankruptcy Inst.; Henry Sommer, Nat. Assoc. of Consumer Bankruptcy Attorneys; Mark Zandi, Moody¿s. Submissions for the Record: Amer. Bankers Assoc.; Financial Serv. Roundtable; Thomas Bennett, Bankruptcy Judge; Erwin Chemerinsky, Duke Univ.; Consumer, and civil rights advocate; Consumer Fed. of Amer.; Consumer Mortgage Coalition; Jacqueline Cox, Bankruptcy Judge; Leadership Conf. on Civil Rights. Illus.

Saving Homes? Bankruptcies and Loan Modifications in the Foreclosure Crisis

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Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Saving Homes? Bankruptcies and Loan Modifications in the Foreclosure Crisis by : Alan M. White

Download or read book Saving Homes? Bankruptcies and Loan Modifications in the Foreclosure Crisis written by Alan M. White and published by . This book was released on 2014 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do homeowner bankruptcy filings work to delay or prevent home foreclosures, and how do they compare to voluntary loan modifications specifically targeted to mortgage relief? The 2007-2012 financial crisis provides a unique opportunity to assess whether bankruptcy can help homeowners avoid the negative consequences of over-indebtedness and mortgage default. This empirical study analyzes a large, loan-level mortgage dataset to determine which variables are associated with delinquency and bankruptcy filing, and in turn, whether filing bankruptcy or receiving a loan modification measurably influences subsequent loan outcomes (e.g., foreclosure sale, prepayment, or default cure). Overall, we find that bankruptcy filings delay foreclosures but are not generally effective in curing payment defaults, especially when compared to modifications negotiated outside of bankruptcy, which are highly effective. We also find, consistent with prior research, that variations in state bankruptcy and foreclosure law greatly influence debtor outcomes from one state to another. Bankruptcy filing is more effective in states with nonjudicial foreclosure and limited homeowner protections.

Saving Homes in Bankruptcy

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Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Saving Homes in Bankruptcy by : John Eggum

Download or read book Saving Homes in Bankruptcy written by John Eggum and published by . This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines the home affordability of chapter 13 bankruptcy debtors under current law, which prohibits the cram down or modification of residential mortgage loans. Using original empirical data from a national study of over 1700 chapter 13 bankruptcy cases, it analyzes the relationship between housing costs and income for bankrupt households. More than two-thirds of homeowners in chapter 13 bankruptcy live in unaffordable or severely unaffordable housing, according to the standards developed by the Department of Housing and Urban Development. Such families spend more than 30 percent of their incomes at the time of bankruptcy on paying their mortgages and related housing costs. The large fraction of their incomes that bankrupt homeowners commit to paying their housing cost reduces the odds that they will succeed in saving their homes in bankruptcy and completing their chapter 13 repayment plans. The Article considers how these data could inform the debate about whether Congress should amend the Bankruptcy Code to permit the modification of home mortgages, offering examples from real bankruptcy cases to show the beneficial effects of mortgage modification to create sustainable homeownership. It concludes that permitting mortgage modification would enhance the usefulness of bankruptcy as a tool to address the foreclosure crisis.

Stop Foreclosure Now

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Author :
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814413307
Total Pages : 362 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Stop Foreclosure Now by : Lloyd SEGAL

Download or read book Stop Foreclosure Now written by Lloyd SEGAL and published by AMACOM Div American Mgmt Assn. This book was released on 2008-09-15 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: We've all heard the reports. Americans are losing their homes in record numbers, and the housing crisis seems unlikely to subside anytime soon. Foreclosures affect all kinds of people and all kinds of properties. Many people faced with foreclosure feel helpless and resigned to giving up their homes without even trying to save them. The good news is that with the right advice, homeowners can take control of the situation, avoid foreclosure proceedings, and even protect their credit. Lloyd Segal, mortgage banker, attorney, and real estate investor has spent the last twenty-five years helping homeowners save their houses. In Stop Foreclosure Now, he shows readers how to: develop a plan to delay or stop foreclosure • understand the documents involved • negotiate with their lender • use the courts to stop foreclosure and bankruptcy • arrange to refinance their property • sell their property quickly • use military status to stop foreclosure • understand foreclosure laws in all 50 states Timely and indispensable, this guide will help anyone survive the housing crisis and preserve their most important investment.

Helping Families Save Their Homes in Bankruptcy Act of 2009 and the Emergency Homeownership and Equity Protection Act

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Author :
Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Helping Families Save Their Homes in Bankruptcy Act of 2009 and the Emergency Homeownership and Equity Protection Act by : United States. Congress. House. Committee on the Judiciary

Download or read book Helping Families Save Their Homes in Bankruptcy Act of 2009 and the Emergency Homeownership and Equity Protection Act written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 2009 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

42 Rules for Saving Your House from Foreclosure

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Author :
Publisher : Happy About
ISBN 13 : 1607730391
Total Pages : 135 pages
Book Rating : 4.6/5 (77 download)

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Book Synopsis 42 Rules for Saving Your House from Foreclosure by : David Coleman

Download or read book 42 Rules for Saving Your House from Foreclosure written by David Coleman and published by Happy About. This book was released on 2014-05-14 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coleman and his lawyer and co-author chronicle the process to save his home from foreclosure. They capture critical lessons and include strategies that are not well known outside the banking industry.

Helping Families Save Their Homes in Bankruptcy Act of 2009

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Author :
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Helping Families Save Their Homes in Bankruptcy Act of 2009 by : United States. Congress. House. Committee on the Judiciary

Download or read book Helping Families Save Their Homes in Bankruptcy Act of 2009 written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Home Foreclosures

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Home Foreclosures by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law

Download or read book Home Foreclosures written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law and published by . This book was released on 2010 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Looming Foreclosure Crisis

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Author :
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis The Looming Foreclosure Crisis by : United States. Congress. Senate. Committee on the Judiciary

Download or read book The Looming Foreclosure Crisis written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mission Possible

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Publisher :
ISBN 13 : 9781706518600
Total Pages : 103 pages
Book Rating : 4.5/5 (186 download)

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Book Synopsis Mission Possible by : Donna Convicer

Download or read book Mission Possible written by Donna Convicer and published by . This book was released on 2019-11-07 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: These were the days before HAMP and HARP. These were the pioneer days of saving homes from foreclosure. These were the days when we saved homes from foreclosure, and it worked. This is the story of how we did it, and of the heroic homeowners who worked with us to keep their family homes. It is also the story of why the same efforts do not work today, and why today's homeowners are not truly saving their homes. Instead, they are falling into the traps that started the foreclosure crisis at its real beginning - long before the Big Short. This is the story of the big green Cadillac driving through the streets of Hartford, Connecticut, with Francis and Donna on their way to do what they did best - saving homes from foreclosure - when it worked.

Helping Families Save Their Homes

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Author :
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Helping Families Save Their Homes by : United States. Congress. Senate. Committee on the Judiciary

Download or read book Helping Families Save Their Homes written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 2009 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Help for Homeowners Facing Foreclosure

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Author :
Publisher : Sylvia Black
ISBN 13 : 1987058453
Total Pages : 175 pages
Book Rating : 4.9/5 (87 download)

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Book Synopsis Help for Homeowners Facing Foreclosure by : sylvia black

Download or read book Help for Homeowners Facing Foreclosure written by sylvia black and published by Sylvia Black. This book was released on 2020-01-28 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you have been laid off or are facing unemployment, you can keep your home - - if you know the right steps to take. If your family is facing any of these changes and cannot pay your bills, now is the time to look closely at what you owe and what you earn, eliminating unnecessary spending and reaching out for help if you still cannot meet your financial obligations. Taking action now can help you protect your family from the loss of your home. And Affordable Homes and Apartments can help. First and foremost, if you can keep your mortgage current, do so. However, if you find that you are unable to make your mortgage payments, you may qualify for programs that you may not know about. Even for the unemployed and senior citizerns and those with bad credit may qualify for many of these programs never before thought of. This book will give you information you need to help you save your home from foreclosure. The information contained herein is for informational purposes only and Affordable Homes and Apartments cannot guarantee approval of any program listed herein. The sooner you call; the sooner help is available. We buy houses for cash. so if you haven't been able to get the help you need or want give Affordable Homes and Apartments a call we may be able to purchase your home and help you save your home and your credit. The contents of this book are being provided for informational purposes only. It is not intended to provide legal advice and should not substitute for the advice of an experienced real estate attorney. Also, the links and references to web sites and organizations are provided for informational purposes only. Affordable Homes and Apartments do not endorse any specific organization or web site and does not suggest that one source should be utilized to the exclusion of another and cannot guarantee approval.

How to File for Bankruptcy

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Author :
Publisher :
ISBN 13 : 9780873370790
Total Pages : 420 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis How to File for Bankruptcy by : Stephen Elias

Download or read book How to File for Bankruptcy written by Stephen Elias and published by . This book was released on 1989 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foreclosure Myths

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Publisher : John Wiley & Sons
ISBN 13 : 0470392576
Total Pages : 221 pages
Book Rating : 4.4/5 (73 download)

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Book Synopsis Foreclosure Myths by : Ralph R. Roberts

Download or read book Foreclosure Myths written by Ralph R. Roberts and published by John Wiley & Sons. This book was released on 2008-07-23 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!. Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other people's money to finance your investments through firsthand stories from top industry professionals and handy resources like government foreclosure guidelines.

The Complete Guide to Investing in Foreclosures

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Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814429165
Total Pages : 215 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis The Complete Guide to Investing in Foreclosures by : Steve Berges

Download or read book The Complete Guide to Investing in Foreclosures written by Steve Berges and published by AMACOM Div American Mgmt Assn. This book was released on 2005-11-21 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: As demand for real estate has skyrocketed, so have prices. But finding affordable properties to buy and sell for profit has actually never been easier! Why? Because foreclosures are at an all-time high, meaning banks and other lenders have unprecedented numbers of properties they are all too eager to unload. That’s your opportunity to acquire prime properties -- both residential and commercial -- at incredible value, and build a substantial real estate portfolio that should give you great returns for years to come. But as easy as it might seem to be to profit in the foreclosure market, the route to success is rife with hazards that can quickly turn your journey into a disaster. A few precautions and some careful preparation can prevent a lot of headaches -- and bad investments -- down the road. The Complete Guide to Investing in Foreclosures is written to help you identify and take advantage of opportunities while avoiding the pitfalls. Best-selling author Steve Berges gives you: * Secrets for finding great properties before they’re public knowledge * Foolproof strategies for buying properties at all stages of foreclosure * Important information you need to know before investing in any foreclosure * Powerful ways to take advantage of little-known alternatives like HUD, SBA, VA, and IRS properties, Fannie Mae and Freddie Mac foreclosures, pre- and post-foreclosure opportunities, and a lot more * A full selection of value assessment tools, lead-generation strategies, and practical step-by-step processes * The 7 Caveats of Investing in Foreclosures Foreclosures may be the quickest and most reliable way to profit in real estate–but you’ve got to know what you’re doing. Whether you’re new to the game or are already experienced in buying and selling foreclosed properties, The Complete Guide to Investing in Foreclosures gives you everything you need to make smart moves at every stage of the process.

Making Big Money Investing in Foreclosures

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Publisher : Dearborn Trade
ISBN 13 : 9780793173655
Total Pages : 292 pages
Book Rating : 4.1/5 (736 download)

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Book Synopsis Making Big Money Investing in Foreclosures by : Peter Conti

Download or read book Making Big Money Investing in Foreclosures written by Peter Conti and published by Dearborn Trade. This book was released on 2003 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key to making money in real estate is finding motivated sellers. Financial trouble is often the single biggest motivator. From finding properties in foreclosure, to negotiating with sellers in financial distress, to reselling the properties to realize healthy profits, Making Big Money Investing in Foreclosures without Cash or Credit is a comprehensive money-making guide. Best-selling authors Peter Conti and David Finkel pull all the steps together into a seven-step action plan, so that investors can apply what they have learned and start making money.

Foreclosure Stop Book

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Author :
Publisher : Advanced Real Estate Concepts, LLC
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4./5 ( download)

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Book Synopsis Foreclosure Stop Book by : Oscar Morante

Download or read book Foreclosure Stop Book written by Oscar Morante and published by Advanced Real Estate Concepts, LLC. This book was released on 2012-12-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you need a sure-fire way to stop a foreclosure at the last minute? If so, Foreclosure Stop Book is for you. Foreclosure Stop Book explains, step by step, exactly how to postpone a foreclosure at the last minute by filing a last minute emergency bankruptcy petition. This method is infallible because it puts the property under federal protection. This works in all the states. No exceptions. Bankruptcy is also a form of temporary asset protection. It stops all collections efforts, which includes foreclosure. If you need to stop a foreclosure at the last minute, Foreclosure Stop Book will explain you exactly how to do it. Foreclosure Stop Book will show you, step by step, how file and time an emergency bankruptcy petition, at the last minute for purpose of stopping a foreclosure only. This book is only about stopping a foreclosure through bankruptcy. Not about successfully completing bankruptcy process. Foreclosure Stop Book shows you exactly how to stop a foreclosure by filing a last minute emergency bankruptcy petition. This harnesses the power of the Federal Government to protect all your assets from collectors. TRUE STORY Kelly doesn’t like to be taken advantage of. She doesn’t let go of things without putting a fight either. As of this writing, she was almost out of some serious financial problem. However, she going to lose her home anyway. They could for sure pay now. The bank was not helping. They just could not save the property in way that made financial sense. In fact the bank was just trying to squeeze more money from her. I explained her how to do a last minute foreclosure stop. She save the property from foreclosure several times and kept the property an additional two years total. All that time she lived at the property for free, without paying rent or taxes. That gave her plenty of time recover, find another home and do things on her timeframe. Not the bank’s timeframe. YOU CAN DO THE SAME. FORECLOSURE STOP BOOK Is foreclosure only a few days or hours away, and you need more time? Here is the information you need. This Do-it-Yourself, easy to understand e-book shows how to gain more time by filing a last minute emergency bankruptcy for FREE. That will temporarily stop foreclosure for sure. You will have peace of mind and stay at your home longer, for FREE, for at least a few days more. Most likely a few weeks or months. You will to save money, plan better and be in no rush. Not only that, you will accomplish this by yourself, independently, without spending thousands of dollars in attorneys. IS THIS FOR YOU? This is for You If: + You are just about to be foreclosed + You have tried all else and are out of options + You are totally out of time and there is no time to try anything + You need a cost effective, sure-fire, way to postpone foreclosure for sure DO YOU QUALIFY? You Qualify If: + You have never filed for bankruptcy before, or + You have been dismissed from bankruptcy at least six months ago, or + You have been dismissed from bankruptcy more recently but “without prejudice” HOW DOES IT WORK? Once a homeowner is only a few days or hours away from foreclosure, the only sure-fire method to postpone foreclosure is by PROPERLY filing a last minute emergency bankruptcy. For this to work, it has to be done correctly. That means that only the exact documents must be submitted to the court, with just absolutely minimal information completed to be accepted. Not only that, but maybe even more importantly, TIMING needs to just right. BIG SAVINGS Save Thousands of $$$. You don’t need an attorney. You can postpone foreclosure for free or for a minimal cost. In fact, what you will learn in Foreclosure Stop-Book is exactly what an attorney would do if you were to hire one to postpone the foreclosure. The REASON is simple: There is only one option. You can do this yourself for free, or hire an attorney. You know the price difference. FREQUENTLY ASKED QUESTIONS + What are the chances of this working for me? 100% if you qualify + Is it legal for me to file for bankruptcy just for postponing foreclosure? Yes + Is it legal for me to file for bankruptcy by myself, without an attorney? Yes + I just want to postpone the foreclosure. Do I need to complete the whole bankruptcy process or can I leave it incomplete? Not an issue. You can let it dismiss. + Can I Stop Foreclosure More than Once? Most often yes WHAT IS INCLUDED IN FORECLOSURE STOP BOOK? + Case Studies - Learn from others + When to Do It - How to time it just right + Game Plan - Simple, logical, effective, proven + What NOT to Do - Just as important as what to do + List of Needed Forms - Know exactly what forms to fill + What to Do - Step by step detailed and sequential action list + How to Complete the Forms - Correctly entering just the right info + Keeping the Property Longer - How to prolong the foreclosure process + Actions Check List - Makes it easier to “Cross All the Ts” and “Dot all the Is”