Answer by americanfreeman
try a credit unionJust got $ 60,000 for 10 years at 4.99% no fees.

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Check out my new blog… mrmortgage.ml-implode.com S&P, BofA and Fitch all concur that the ‘Home Equity Implosion’ is knocking on, or kicking down rather, the front door.

Michael H. Raichelson

Los Angeles, CA (PRWEB) January 06, 2012

Attorney Michael H. Raichelson, attorney with offices near Los Angeles and Ventura, was able to save the debtor’s home from foreclosure while preserving $ 140,000 worth of equity for the debtor. According to Ventura County public records, a foreclosure sale was schedule to occur on January 12, 2011 on the debtor’s home, which would have wiped out over $ 140,000 of equity the debtor acquired in her property located in Thousand Oaks, California. On January 10, 2011, the Law Offices of Michael H. Raichelson filed an emergency Chapter 13 bankruptcy petition in the Central District of California Bankruptcy Court. The case number is 1:11-bk-10355. This Chapter 13 bankruptcy filing stopped the foreclosure sale and provided the debtor with some much needed breathing room.

According to the Bankruptcy Court’s records in case number 1:11-bk-10355, a short term hard money loan had matured and the debtor was required to pay in excess of $ 97,000 or lose her home to foreclosure. Court records indicate that the creditor filed an objection to the debtor’s Chapter 13 Plan, as well as a Motion to lift the bankruptcy stay which, if successful, would have allowed the creditor to conclude the foreclosure sale. After receiving the debtor’s opposition brief and hearing the argument of the debtor’s counsel, Michael H. Raichelson, the court denied the motion, thus saving the debtor’s house. The creditor subsequently filed two more objections to confirmation of the debtor’s Chapter 13 Plan. According to the Bankruptcy Court records, the Court set an evidentiary hearing as to the appropriate interest rate. Michael H. Raichelson confirmed that the creditor finally agreed to lower the interest rate by over six percentage points rather than face a stiff opposition by debtor’s counsel. Also, the creditor acknowledged that the Court was going to stretch out repayment of the balloon payment over five years and as a result, entered into a stipulation allowing for this treatment in the debtor’s Chapter 13 plan. Michael H. Raichelson indicated that this is a clear win for this debtor. Court records confirm that the debtor’s Chapter 13 plan was confirmed in December 2010 after 10 months of hearings.

The Law Offices of Michael H. Raichelson already makes quality bankruptcy information, news, articles, and resources available to the public through its Web site at http://www.cabkattorney.com. The site contains a complete list of on line bankruptcy resources, explanations regarding California bankruptcy exemptions, information on asset protection, and methods for eliminating your second mortgage through bankruptcy.

Attorney Michael H. Raichelson, owner and operator of the Law Offices of Michael H. Raichelson, is a former senior associate with a national law firm. He has counseled thousands of individuals and businesses regarding their debt problems and solutions, and, he has been selected as a Super Lawyer by Thomson Reuters – as republished in Los Angeles Magazine – confirming that he is in the top five percent of all attorneys in the Los Angeles’ area. He is dedicated to providing solid representation to his clients during the bankruptcy process and helping them to rebuild their financial life after bankruptcy.

For more information regarding Chapter 7, Chapter 11, and Chapter 13 bankruptcies, visit the Law Offices of Michael H. Raichelson.

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MORTGAGE LOANS Bad Credit Mortgage If you’re a first time home buyer, we offer a variety of loan programs to assist you in making your first time home purchase decision – even with bad credit problems or after bankruptcy. Bad Credit Home Equity Loan Our online application is the fastest and…
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Home Loans for Bad Credit Increase

Fort Lauderdale, FL (PRWEB) December 31, 2011

Hard pressed, working, American families hurt by the struggling economy struggling with their bills are turning to bad credit loans in greater numbers as a desperate act to save their homes. This is being reported by ReallyBadCreditOffers.com, the leading bad credit resource online, as year end consumer data and visitor feedback is processed.

“The number of homeowners, with poor credit, that are seeking financial help online is keeled,” stated Ariel Pryor, financial expert with the site. Since the financial meltdown, lenders have grown increasingly more difficult to work with for people with a big financial history, and borrowers find themselves with few resources willing to extend a helping hand.

“The number of calls and online inquiries, for home loans to solve mortgage related problems, during the 3rd quarter of 2011 increased significantly, and I fully expect the trend to continue through 2012,” said Pryor. The site attributes the increase in consumer demand to the continued economic malaise combined with the housing value collapse that has left many without employment and more still owing more on their home than it’s worth in the current market.

House prices fell an additional 3.2% in the past 12 months which brings the total decline in home prices to 32.1% since 2006 according to the S&P/Case-Shiller Home Price Indices.

“Home owners are living in property that have declined by 1/3 of their purchase price, many good people are too far under water to be refinanced with the interest rates uncommitted from traditional lenders. Combine the lack of equity many face with bad credit scores and the consumer is left with few options,” added Mr. Pryor.

Increasingly, consumers are using unsecured loans and alternative financing vehicles to fitting their financial obligations, pay bills on clock, and do ends meet until things improve according to the site.

ReallyBadCreditOffers.com supply information and help, connecting people in this situation with resources and alternative means of finance. Guides to help people face financial hardship include information on how to get a mortgage with bad credit, whether one should declare bankruptcy, as well tips on how to pay off credit carded. Visitors are furnish easy to understand guides to better their money matters and improve their credit scores.

“Bad credit should not end your financial life,” said Pryor, “Encountering financial hardship, and having the credit scars to prove it can often indicate a stronger commitment to get it right now that a person has had a second chance.”

About Site:
ReallyBadCreditOffers.com is the leading online consumer resource for loans for people with bad credit, repair services and bankruptcy information. Information and offers are amass to help make tough financial challenging easier knowing that you have options.

Contact:
Ariel Pryor, Financial Expert/Loan Researcher
http://www.reallybadcreditoffers.com
(520) 344-2001

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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Fox Communities Credit Union’s latest television ad!
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Answer by Justintimeforobama
YES

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Chicago, IL (PRWEB) December 14, 2011

Clopton Capital is a semi truck financing provider and is located in Chicago, IL. They primarily focus on commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and owner operator financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital’s consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.

Clopton Capital wants to propose and develop numerous improvements to the commercial lending industry on a holistic level. For one, they believe an industry standard form should be drafted for the use of field underwriting within the commercial lending industry. They believe this would would make underwriting commercial loan risk more turn key and more simplistic to understand. Second, the firm believes an electronic referral network with legal binding referral commissions should be established to make it easier for one commercial lending entity to refer business to another and to be sure they will be compensated.

“We need more solidarity in this industry which will benefit all of us in the end. Currently there are solid protocols for how to deal and underwrite business and it’s increasing the transactional cost for all of us,” said Jake Clopton, the founder of Clopton Capital.

The firm does not believe it is feasible for them to launch and implement these ideas on their own but would like to network with other firm to create them. “We obviously aren’t quick, willing, or able to do this on our own, but we would love to network with early commercial lenders who believe this industry could operate more smoothly with a little bit of organization”, said Matt Reed, an associate of Clopton Capital.

Clopton Capital tinned be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their business loans. Their website dedicated entirely to semi truck financing is SemiTruckSource.com.

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Related Second Mortgage Press Releases

shortsalehumor.wordpress.com Funny video about trying to deal with a difficult second mortgage company who keeps asking for more money
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This is my attempt to get a Dumble Overdrive Special type of sound using my Koch Twintone EL34 based amp and a Fulltone OCD pedal. While it doesn’t quite have the crispness of an actual Dumble I think it comes pretty close. For me, I think its as close as I am going to get without taking out a second mortgage to pay for an actual Dumble or one of the boutique clones that are on the market.

Answer by casey s
Sure, it’s a bonded and you used the equity in your house to procured it. You agreed to give them the house if you didn’t hold your end of the bargain. (I use the pronoun “you” loosely here, I know you are just asking out of curiosity and are not in this situation).

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