Could Bankruptcy Help Struggling Homeowners Avoid Foreclosure?

Posted by Jordan Blaxcell | Posted in Credit Advice | Posted on 05-02-2011

Tags: Homeowners, Homeowners Avoid

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It looks like troubled homeowners may soon have a better option for modifying home loans, according to Chicago bankruptcy attorneys.

A new bill backed by Sen. Sheldon Whitehouse suggests that the federal government consider allowing bankruptcy to be used to modify the mortgages of the millions of Americans at risk for foreclosure. Currently, the best aid Uncle Sam has mustered is the failing Home Affordable Modification Plan, which has barely assisted 500,000 of the four million homes it set out to save. Clearly, homeowners need a better solution.

It’s not that modifying mortgages doesn’t work – it’s that it doesn’t work for enough people. While some folks have found relief with the loan modification program, many more have fallen between the cracks of an increasingly bureaucratic financial system. Even the lucky ones who manage to wade through the red tape can end up paying so much in time and money that any mortgage savings are more than erased.

Chapter 13 bankruptcy, on the other hand, is a sure thing.

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Are Your Financial Secrets Hurting Your Relationship?

Posted by Jordan Blaxcell | Posted in Credit Advice | Posted on 31-01-2011

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Valentine’s Day is fast approaching, but the majority of Americans are doing something decidedly unromantic, say Chicago bankruptcy attorneys.

At least 30 percent of married people cop to cheating – of the financial kind, that is. In other words, they admit to hiding a major purchase or other financial indiscretion from their partner, according to the Minneapolis Star Tribune. A whopping 90 percent confess they avoid talking about money with their significant other. And thanks to the economy, these financial secrets are increasingly revolving around too much debt.

It usually starts out innocently enough. Maybe you’re short on funds one month, but you don’t want to alarm your spouse so you put your purchases on the ol’ credit card and tell yourself you’ll pay it off next month. But what if next month comes and goes and you still don’t have the money? Rather than admit your secret, you cover it up, vowing to take care of things next month. And the problem – along with your debt – grows.

But debt isn’t just bad for your bottom line – it’s bad for your relationship.

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Internet Security 2010 Scam Viciously ATTACKS “Protected” Computers, Scamming Uninformed Computer Users!

Posted by Jordan Blaxcell | Posted in Credit Advice | Posted on 29-01-2011

Tags: Computer, Internet Security 2010, Security 2010, “protected” Computers

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Internet Security 2010 computer malware attacks my two “protected” computers, leading me to abandon the computer protection software I’ve defended for years!

IT’S A HORRIBLE SCAM!

This last weekend was a computer disaster!

Norton let me down…and now I have walked away from Norton.

Without warning, computer demons took over my two computers, shooting “high risk” warning messages all over my computer and preventing me from launching “help” programs or rebooting into safe mode.

I was freaking out, believing I was headed toward another meltdown.

Trying to fix the problem, I discovered the alleged fix to be the scam!

INTERNET SECURITY 2010 IS BAD ASS!

I’ve not faced a computer intruder as bad as Internet Security 2010 malware.

Apparently, this demon appeared in early December 2009 and has swept through computers, wreaking havoc all the way on computer users not able to troubleshoot on their own.

“It killed my computer! I think i got it bad,

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