Let's face it, when you're up to your neck in bills, you'll soon find yourself with the difficulty of paying your loans, mortgage loans, second mortgage loans, or any secured or unsecured credit, on time. Even if it's down to the last stretch of your real estate's foreclosure process, there may still be a way to keep your home and set up arrangements of mortgage obligations in arrears.
Step 1: Contact your mortgage company and attempt to modify your existing loans and set up a workout plan to pay those "in arrears" obligations. If you have been sent a breach letter (usually after three months of delinquent payments), now is the time to really consider your options. You can either make the delinquent payments and write a letter of reason; and submit a copy to your mortgage's loan modification department, main customer service department, and the corporate headquarters, while including all of these recipients as "cc:" in your letter. Or, assume the last resort option to Prevent Foreclosure.
Step 2: If you've done this process, and you still you haven't had any luck with any negotiations (i.e. payments to push the foreclosure date until you've settled your finances) with your mortgage company or their representing attorney, and a foreclosure date has already been defined, there is not one other solution but to file for a Chapter 13 Bankruptcy. (Ask any attorney, they'll detail a similar response)
Step 3: Chapter 13 Bankruptcy attempts to consolidate your rearage of the mortgage, in addition to any unsecured or secured credit, to be paid within a typical time frame of 3 to 5 years (dependent on the situation, laws, State, etc.). Simply meaning, its an approved debt consolidation plan that titles itself as a bankruptcy petition/filing that seeks to decrease your monthly payments. However, before you can petition for Bankruptcy, you'll have to take one credit counseling course in order to receive a certificate of credit counseling.
Step 4: Credit counseling classes can be taken online; and usually last...
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How to Prevent a Foreclosure of a Home Loan eHow.com
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GRMN, UNP, AAPL, HA
Garmin, Union Pacific, Apple, Hawaiian Airlines
August 12, 2009
-Covered GRMN at $31.32 from 32.26
-Sold UNP at $61.29 from $59.21
-Sold AAPL at $166.43 from purchase of $162.19-164.77
New Position today
-Short HA at $6.97 and $6.98
August 12, 2009
-Covered GRMN at $31.32 from 32.26
-Sold UNP at $61.29 from $59.21
-Sold AAPL at $166.43 from purchase of $162.19-164.77
New Position today
-Short HA at $6.97 and $6.98
Free Premium Ebay Templates
Searching all over the net, until recently, I've never come across a site that provides free, graphically creative, premium eBay templates. Since most sites require some type of sign up or upfront payment, I'm happy to introduce a cybersite that doesn't require any of this. Head over to Excreted.Com and start using these templates today. (Note: The site owners allow free use of all eBay templates, but suggests to purchase a License in order to fully manipulate each template). Read the disclosures.
How do you use them?
1. Head over to Excreted.Com and choose a template design.
2. Log in to your eBay sellers page.
3. Create a new listing.
4. In the section that says "*Describe the item you're selling," simply paste the HTML code of the template you want to use.
It should look like this:
How to copy and paste the code:
5. Once you're done copying and pasting simply click the tab labeled "standard" and change any of the item details to include your very own item.
6. How about your item's photographs? Easy, upload them to any free photo hosting site like photobucket and copy and paste that photo over one of the existing sample photos. For example, right click the sample photo in the template (in standard view), and paste your new photo over it.
That's it, you're done and ready to list your item.
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