HELOC loans, or Home Equity Lines of Credit, are great loans for helping with closing costs at the time of purchase, or for helping pay for vehicles, or house repairs, or any emergency. However, when the balance of your first mortgage exceeds the fair market value of your home, or the first and HELOC added… Read more »
SOUTH FLORIDA DEBT SETTLEMENT LAWYERS DEBT SETTLEMENT IN FLORIDA Many borrowers when faced with unpaid credit card debt, mortgage debt, debt from second mortgages or home equity lines of credit, think that there is no alternative except to file for bankruptcy. The filing of a bankruptcy can be very costly however, and the negative effects on… Read more »
At the Law Office of Jacqueline A. Salcines, PA, in Coral Gables, we have been providing legal representation on debt settlement matters to Florida consumers for over 20 years. Dealing with debt collectors and collection agencies is no small task. We understand that many consumers are facing very difficult economic times with losses of income,… Read more »
SOUTH FLORIDA DEBT SETTLEMENT LAWYERS DEBT SETTLEMENT ATTORNEYS Often times I get calls from potential clients asking me whether my firm engages in debt consolidation. Many borrowers facing credit card and mortgage debt do not know the difference between debt consolidation and debt settlement. Debt consolidation often involves a licensed company that gathers all your credit… Read more »
EXPERIENCED DEBT SETTLEMENT ATTORNEY CREDIT CARD DEBT SETTLEMENT AND NEGOTIATION ATTORNEYS Mounting Credit Card Debt and unsecured loans can be daunting. Millions of people across the United States are faced with collection calls from creditors not knowing what to do to get rid of credit card debt. When creditors call, instead of speaking with them and committing… Read more »
SOUTH FLORIDA DEBT SETTLEMENT LAWYERS DEBT SETTLEMENT IN FLORIDA Many borrowers when faced with a credit card lawsuit for unpaid credit card debt believe that they have no defenses or ways out or around the debt. Quite the contrary. Faced with insurmountable credit card debt, or unsecured debt from other creditors, often borrowers find themselves without… Read more »
In an astounding decision today out of California, the 9th Circuit Court of Appeals ruled in favor of the Defendant/Borrowers and against Wells Fargo, finding and ruling that the homeowner who was approved for a trial period modification could sue the lender when a final modification was denied. For years now, borrowers, and the attorneys who represent… Read more »
Beginning January 2014, new CFPB (Consumer Financial Protection Bureau) rules to protect homeowners and consumers shopping for home mortgages went into effect. The rules sharply reduce the runarounds and stalling techniques frequented by the banks for both sort sales and loan modifications under the HAMP Making Home Affordable Program. Virtually every mortgage now issued will… Read more »
The Consumer Financial Protection Bureau (CFPB) , an agency created to protect consumers with their credit choices and concerns, whether auto, mortgage, student loans or other, has recently become very involved with lenders and their loss mitigation assistance to consumers. On August 19th, the CFPB issued a bulletin for mortgage servicers, outlining how they should handle… Read more »
