We’ve started this blog to help others like us get out of debt. We ‘ll be talking about ways to get organized, cut spending and creating a budget. We want your comments and suggestions to help others around the world become debt free. With everyone forecasting doom and gloom for the economy, now, is the time to start preparing for your financial freedom.The Better Business Bureau reports that foreclosure prevention is another of the top ten scams of 2009
There are many companies making many claims about helping you prevent foreclosure on your home. No matter how good their pitch sounds, if they want you to pay them for their services,

Getting Debts recently. Want to figure out what might help out. There are Ways to Free Your Debt and Avoid Bankruptcy. Get advice from Debt consolidation or Debt settlement.By one expert’s estimate 5.3 million US homes have a mortgage that is more than 20% higher than their home’s value and 2.2 million of those are “under water” by more than 50%.  It is very hard to keep paying your mortgage — even though you can afford

Getting Debts recently. Want to figure out what might help out. There are Ways to Free Your Debt and Avoid Bankruptcy. Get advice from Debt consolidation or Debt settlement.The headline in the Wall Street Journal said “flippers make a comeback.”  The story told of people going to foreclosure auctions to buy and quickly resell houses at a profit.  They can do this because the lender who foreclosed has set the minimum price so low that it

Get out of debt does what it says, it gives straight, honest and caring advice about how to beat debt and get out of debt. Here you’ll find the best deal with your debt.As the Wall Street Journal Reports, nearly one in four (23%) homes now have mortgages that exceed the value of their houses.  They are “under water.”  Of the 10 million-plus homes that are in this situation, more than 5 million have mortgages that are more than 20% higher

Valuable information to help you get debt free and stay that way. What can help your personal finances and what can’t. World events as they relate to your finances. Comment, news, and general mayhem.The same people who sold you a subprime mortgage you couldn’t afford are now calling many homeowners threatened with foreclosure to make an offer they can’t refuse.  They tell homeowners that they have bought the mortgage from the most recent owner of the paper at a big

Getting Debts recently. Want to figure out what might help out. There are Ways to Free Your Debt and Avoid Bankruptcy. Get advice from Debt consolidation or Debt settlement.The administration has announced that its Making Home Affordable program, its major attempt to prevent wholesale foreclosures, has signed up almost 20% of those eligible.  650,000 borrowers have started a “trial loan modification” as part of this program.  This is an

Excellent resources on debt relief. Overcome debt problems with a debt consolidation loan. Guides on choosing the best debt relief program for you: debt consolidation vs debt settlement.Fannie Mae has just announced a “deed for lease” program that will allow people who have been unable to arrange a mortgage modification that works, to if they wish, turn over their deed for a lease that will allow them to rent their house for a year.To qualify you have

Get out of debt does what it says, it gives straight, honest and caring advice about how to beat debt and get out of debt. Here you’ll find the best deal with your debt.Foreclosure prevention help site.  Be careful.I read in Wall Street Journal about a single form that one could use to apply for foreclosure prevention that was supposed to be available at a government site called “Making Home Affordable.”  I typed that into Google and

Get out of debt does what it says, it gives straight, honest and caring advice about how to beat debt and get out of debt. Here you’ll find the best deal with your debt.The elephant in the living room of this recession is the huge number of mortgages that are in trouble — or going to be in trouble –  because of increased interest rates, layoffs, and other demands on people’s incomes.  The Mortgage Bankers Association reports that

Excellent resources on debt relief. Overcome debt problems with a debt consolidation loan. Guides on choosing the best debt relief program for you: debt consolidation vs debt settlement.As I wrote in my last BLOG entry, the new administration foreclosure prevention program encourages lenders to reduce mortgage principle by up to 30% (called a “cram down”) in order to bring payments down to manageable levels for people who are in danger of foreclosure.