If your mortgage is in trouble, there are many different things you can do. Bankruptcy and Cram-downs are the two most likely to help. Bankruptcy is one of the best options out there for this …

With the collapse of the subprime market, no-down-payment loans pretty much disappeared. But there’s always a way, it seems. The Federal Housing Administration (FHA) insures mortgages with as little …

We’ve reported before about Project Hope, which is a non profit that was designed to help people threatened with foreclosure. It got a lot of PR when it started, but has helped relatively few people. …

A recent Wall Street Journal article interviewed people who had used self-help groups to help them get their debt under control. As one person (who recovered from $25,000 in credit card debt and arrears …

Your credit card agreement probably contains an arbitration clause forcing you to take any disputes to arbitration before going to court. It sounds like a good idea, but as CNN reports consumers lose almost 100% …

Hospitals are getting more aggressive about collecting debt. First they tried sending their debts to collection agencies. Then some tried actually suing debtors. Now they are taking debt that they cannot collect and …

Reverse mortgages are becoming more and more popular as seniors move to cash in some of the equity in their houses without moving out. This demand has spurred the financial people to create …

I spoke to someone who is in danger of foreclosure the other day. They need help. They called project HOPE (which we have written about in several other places in this blog and …

Several Federal bank regulators have agreed to set at least some limits on how credit card companies charge interest. This will now go to a public comment period and could change, but if …

Now comes another idea for helping people threatened with foreclosure, from the Federal Deposit Insurance Corporation (FDIC), the government company that insures your bank deposits.The basic idea of the FDIC program is that they will …