Avoiding Home Foreclosure Problems-Short Sale Home Problems; Bankruptcy in the Army, can I get help?

www.youtube.com Avoiding Home Foreclosure Problems-Short Sale Home Problems Rocklin CA Send Your Questions John Lanting 916 789-3225 – Free Short Sale Home Listings www.youtube.com John Lanting: Hello my friends, my name is John Lanting from Keller Williams and this is my business partner Tomas Garcia, and we’re here to answer all of your questions regarding short sales. Click here to see a free list of Short Sale Home Listing in the Greater Sacramento Area. Tomas Garcia: John my friend. Today, we have another question from our friend Elizabeth in Rocklin CA, and her question is, problems one can have in real estate during a short sale process? www.homeshortsalesacramento.com John Lanting: Wow! Another good question. Tomas as you know, the short sale process is a complex and emotional process. There’s several problems that could come up during the short sale. One common problem we face is the organization of paperwork. In the short sale process, you basically need hardship letters that will you do forms, bank statements and these forms are basically generated by the seller. One common problem is basically organizing in getting it from the seller. Free Short Sale Home Listings at. www.homeshortsalesacramento.com Another problem that we commonly face is communication. The real estate agent has to communicate on a regular basis with the bank. Some process or some banks have an easier process, because everything is meant online, but in most banks, you still have to do the
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Question by Ryan D: Bankruptcy in the Army, can I get help?
I’m in the Army and barely making enough to pay the bills, and facing paying dearly for a mistake. They’re threatening to take 1/2 my pay for 2 months or more and with my current financial situation I’m going to be forced to file for bankruptcy and lose my security clearance/job/and possibly more. My career dreams will be gone and I’ll be forced to have the next some odd amount of years of my life destroyed over something I feel I don’t deserve. What can I do to avoid bankruptcy? I know now I have terrible credit now because of a reckless past, and I think a loan maybe out of the question. How do I get out of this hole? I have about $ 17,000.00 in debt and don’t see me getting out and it seems if I lose pay for more than 30 days I’ll ruin my credit and lose my current job and be forced to get a new job in the Army that I’m sure will make me miserable and if I lose rank I won’t be making enough to afford EVERYTHING so something will catch up to me. Can anyone help?

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Answer by yahweh550
There are laws protecting servicemen. Ask your Army aid workers.

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Avoiding the Hazards of Credit Card Debt

www.americanprogress.org “At a time when American people are being asked to come to the rescue of financial services all over the country […] how can we say ‘we know that [credit card] practices are unfair, but you must wait a year to fix them?’” asked Representative Carolyn Maloney (D-NY) at a Center for American Progress Action Fund event Wednesday morning. At the event, CAPAF Executive Vice President Sarah Wartell presented a new report by Tim Westrich, “Putting Credit Card Debt on Notice,” which she said “offers technological solutions to help customers better manage their debt in the face of increasingly volatile market conditions.” Wartell said that by using technology such as text messaging—or a similarly rapid electronic method—a credit card issuer could provide consumers with helpful information at the moment he or she needs it most. The message, according to Westrich’s report, could provide clear information—including both the event, such as the due date, and the consequence for missing it—a late fee and an increase to the penalty rate. Wartell said that this new method of giving better information should be done in addition to, not as a substitute for, efforts by Rep. Maloney to eliminate the worse problems in the credit card market through legislation. “In conjunction with legislation, these technologies could help stem abuses in the credit card industry,” said
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