Part 7 of my review of Kevin Trudeau’s book, “Debt Cures “They” Don’t Want You to Know” examines Chapter 12: Two Magic Words x 3. The purpose of the review is to examine whether Trudeau, who has had extensive involvement with credit card fraud and the Federal Trade Commission for some of his previous books, [...]
April 2009
In a fascinating interview, William K. Black, author of THE BEST WAY TO ROB A BANK IS TO OWN ONE, describes to Bill Moyers the greatest fraud in the history of our country – the collapse of the American Economy. Although my Mortgage Law Network colleagues and I have been closely following the unwinding of [...]
Recently I have had a number of clients coming in who are under the impression that they can file bankruptcy and keep their home – without paying for it. I don’t know where they are getting this advice – but it is wrong. If you can no longer afford to make the payments on your home [...]
We live in a society that seems to put great weight in a high credit score (the number reported by the credit reporting agencies). Such a score is really only a conglomeration of various factors dealing with the timeliness of your payments on secured and unsecured debt and the available credit you have at any [...]
A study by the federal Office of the Comptroller of the Currency and the Office of Thrift Supervision found industry attempts at loan modification are inadequate. The government agency looked at 35 million loans worth over $6 trillion. Almost 1 in 4 loans resulted in increased monthly payments as a result of fees and interest [...]
The company 800CreditCardDebt seems to think that you should not get the whole story before using their services! A commercial I saw says: “Don’t let the word bankruptcy enter your thoughts”. Really? Not even consider it? Advising people not to at least consider any solution that might help them is bad advice. If you are [...]
