Help Debts

Posts Tagged ‘amp’

Why did America bail out the banks mortgage when they were making 2 to 3 x the total amount of the loan?

If it was a 0,000. dollar loan the insurance paid the bank 0,000 to 0,000.

Why did America go into debt to "save" this money making scheme?

Do you feel robbed? or ripped off?

Foreclosure info from LPS details banks getting paid 2-3x for the foreclosure

LPS, short for Fidelity’s Lender Process Services is the nations largest insurance & foreclosure tracking servicing and is used by many banks to handle the nitty gritty details involved in managing your home loan – specifically how to maximize profits for the bank at the homeowner’s expense AND to clean up any troublesome title issues related to cleanly foreclosing on your home by a lender who is TOTALLY DIFFERENT from the one whom you started AND different from the lender named in the recorded documents living in the property records.

My favorite rip-off is the banks’ plan to insure your home month by month when they intend to foreclose (and add it to your bill) but not naming you in the policy so you reap no reward.

Think of it this way. The bank takes out insurance to pay off your loan if they have to foreclose. They foreclose, collect the insurance money, SELL YOUR HOUSE keeping that money, and then SUE YOU FOR THE DEFICIENCY between what you “owed” and what they got at the foreclosure auction! Nothing like trying to collect three times!!

Sweet deal for the bank. Sour for the homeowner.

http://homesolutioncounselors.com/foreclosure-info-from-lps-details-banks-getting-paid-2-3x-for-your-foreclosure

Money is like everything else. You can make it work for u, or u can let it work against u. Learn to earn, to save and to give. If u can do that, u know how to handle the financial pressure.
When do u start to give? When u’re rich? No. There is need all around us. When u do this…it produces value for others. One of the most valuable things about doing this is how this makes u feel about yourself…what a kind of person u are. U live your life in an attitude of gratitude.
To earn & save…
"Living in capitalistic society in which most human beings are not capitalists". Learn to keep yr money as capital. If u over spend, u’ll never build up any capital…as it goes zero-in to yr resources need. Try to keep at least 60% from what u have. 10% to build up capital u want to invest. The rest of 30 % for yr expenses, yr debts and don’t forget to give away…

Can you enter only 2 cards into a Debt Consolidation Program?? They are both high balances…one is 00 & the other is 00
I’m not talking about debt negociation…just consolidating so I only have 1 payment.

I recieved a credit card summons on June 21st. I am in Gerogia and have 30 days to answer. I plan on completing my answer in next two days. I have consulted attorney and they all give me geral good answers in regards to making sure I answer first and high-level advice. they dont go deep as it would be consulting which they charge for. I am not ready or able to pay for a full fledged lawyer right now as some of them have said I have a "loser" case being that the amount of debt I have, it would be backwards of me to pay for a lawyer who would ask for more than half the amount I owe in debt.
Bankruptcy is out of the question as it is just K in debt. and I do not want to do debt consolidation programs or debt settlement agencies.I really want to put this behind me. It is not out of the SOL as it was charged off late last year.

After extensive research and help from people on boards & attorneys,
I am preparing my answer.

• In GA, is there an exact way to prepare my answer? Is there a database of GA court forms as other states have that would help?
• When answering, should I allude to myself as "Defendant" or use my full name when making statements?
• What exact verbiage should I use when accepting, denying, or need more info answers?
• Do I put my defenses on same sheet? Where on the answer to complaints do I put my defenses?
• Should I copy original complaint and put answer below each one?
• I want them to validate, not "verify" the debt? Should I attach a "Request for production", "Request for discovery", or "Debt validation" to the answer? or work it into my defense?

• I am also attaching and filling out a "Notice of Appearance" to state I will be at the court date whenever it is set and I want to be notified of every single change or communication. Is this ok?

• At the end, I am also attaching a "Certificate of service" that shows I have also sent a copy of everything to the JDB’s attorney, the date, and what documents along with return reciept. I will do this right before I hear to court to give my answer to the summon. Is this ok?

• Do all of the forms need to be notarized? If not, which ones?

• Am I missing anything that I need to include in my answer to the summons?
I have "Answer", "Defenses", "Request for Production", & "Certificate of service"

BIG QUESTION: What happens after I file an answer? Who will I hear from? what is the time frame?

I want to avoid a default/summary judgement and ultimately want to settle this debt but do not want to do it informally out of court now that they have served me a summons.

The account is for K and is being represented by an attorney for Cavalry Portfolio who was assigned from BofA.
Does BofA have anything to do with this debt anymore?
What is the lowest I should settle for if it does come my way?

Thanks

There is a close relative who has never been very nice to me. In fact, I think that what ever she has done for me in the past has been with the hope of getting paid back and with high interest. Today she asked me to charge a roundtrip ticket overseas on my credit card and she will pay me back around January, and I said no explaining that I cannot have debt since I am looking into buying a house soon and the higher the debt, the higher the interest rate I will get. She call me an a&&hole and she said if there ever is an emergency, how could she count on me?
Believe me, I am so responsible that if I don’t have the money to pay for it, I forgo a vacation because I live on my own and I have a great responsibility on my shoulders. If I don’t care to keep my credit in good standing, who will? She certainly wouldn’t!
I know I did the right thing, but now I am very upset and I am crying – I am so upset!

What would you tell me if I was your close friend and I cried on your shoulder about this?

I’m 22 and I have a credit score of 578. There are some negatives accounts and only 1 positive account on my credit report. I first discovered this when I was 19, when I tried to get a small loan for tuition. Since then, I have been trying to get everything straighten out by talking with the people I supposely owed and NOTHING!! I would like to know is there anything I can do to repair my credit, so I’m able to qualify for a loan to buy a house. How did I get BAD CREDIT so young?? Well, I found out it first started when I was away in college. My sister (37 yrs old), got cable in my name and didn’t pay. It went to collection! She got phone & internet in my name, didn’t pay, and it went to collection! Also, she got a cato card in my name, used it and didn’t pay, and it also ended up in collection. And, an uncle got cable in my name, didn’t pay, and it went to collection! I think, my sister could have gotten all my information because truthfully I did stay with her for a year before I went off to college. As, for as my uncle he is suffering from M.S. and he does do reckless and crazy things. I spoke to my sister about this after finding out, and her response is every response in the book. She has had jobs, been involved in scams, and etc..But, has no desire to pay these collectors. I don’t want to take my sister to court but I don’t want to pay off things on my credit report that I didn’t get. At the moment, my parents are in debt because of my sister. She has gotten credit cards in my mother name and cable also. And, she hasn’t made a payment on a ,000.00 loan my dad got for her years ago. She has screwed our parents and even me! My dad says he can’t help me out, because my sister has made it harder for the rest of the siblings. So, I’m trying my best but I’ve been told it’s impossible, if I don’t take out papers on my sister for identity theft. I would do it, but my family is already broken up because of how she screwed my parents. I don’t wanna make it worser but I don’t want bad credit. My fiance and I, won’t to buy a home and get married in the future. But, our credit is holding us back! I have bad credit and he doesn’t have any credit at all! He would get a loan, but he’s never have anything and there are no loans for starters! Does anyone have any suggestions, as to what I can do?? I tried, talking to the collectors..Showing them proof and etc..That I was actually living somewhere else when this all happen..But, nothing!!! Again, I’m 22 and I’m pursing a Bachelors Degree in Psychology. I have a steady income and so does my fiance. Our bills (electric, cable, phone, internet, water, rent, car) are never late but ulities bills are not reported…So, those cannot be used in our favor! We are not able to obtain a small loan, mortage or a credit card, or etc…How can I prepare for my future if this is not handle!! Suggestions??
Also, the main reasons I don’t want to file charges against my sister..Is because she has already been convicted of a felony…She has served time *years* for drugs, drugs, and drugs. She has gotten busted over and over! When it comes to money, I see now she can be obsessed! At the moment, she is on probation again for drugs! Me and my parents, are trying our best to do what we can without purposely sending her back to prison for her children sake (the same kids my mom has raised)! But, if that’s what it takes to get us straight then it will need to be done….

I’m looking for a not-for-profit debt counseling service that can help me. I’m at the point where I really have no other choice. I can’t get a consolidation loan. I don’t want to go bankrupt. I’m not the type to say "forget it" & just quit paying bills. But it’s gotten till where I have no money left over to even buy househould necessities & gas. I’ve already called the creditors myself, etc. So please, if you’ve used a trustworthy, honest, helpful debt counseling firm, please let me know. And if there are some I should avoid like the plague, please let me know what as well. Thanks!