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Two Ways To Prevent Foreclosure

Foreclosure is your mortgage lender’s way to take back your house if you become delinquent on your mortgage note. Some lenders act more quickly than others, while some take a while to start the foreclosure process. In either case, you need to know that there are things you can to

What Is A Deficiency Balance And How Can I Avoid Paying It?

When loans are taken out, the lender expects that they will be repaid in full. When payments are not made, the lender might undertake collection efforts. Some of those efforts include repossession of personal property, or foreclosure of real estate. When a repossession or foreclosure takes place and the property

Three Ways To Avoid A Delinquency

Having a loan go into delinquent status can have serious consequences. At first you may just receive a few annoying phone calls from the lender, but if the issue is not quickly addressed it will not be long before the account is turned over to a collection agency for action.