It baffles me, online sites are charging for foreclosure info!

Recently I had an article come across my desk about those who are tricked into paying a fee for information that they could get for free. I couldn't believe it! I getforeclosure information for free. Not only do I get it for free but I give it to my clients for free.

In the past I have had people who purchased this information from these type of sites bring me the information they paid for. When they gave it to me I was amazed with how much of the info was incorrect.

Here is the complete article I came across. The article talks about how some people use deceptive online practices to trick buyers into paying monthly fees.

What factors make someone more likely to file for bankruptcy? Is it their race? Is it their religion? Is it their age group? Could it be because they are poor? Because they are whealthy?

A new study, conducted at Brigham Young University, demonstrates that high bankruptcy rates are directly tied to state policy. http://byunews.byu.edu/archive09-Jun-bankruptcy.aspx

The study shows that bankruptcy rates depend on the state's law. Some states garnish wages for debts owed while some do not. Other states report bankruptcies while some show it as an informal debt. The study demonstrates that these 2 factors would account for 50% of bankruptcies.

In the book "The Tipping Point," author Malcolm Gladwell illustrates how people's behaviors can be

How does a short sale or foreclosure affect me and my credit?

That is the question that many people are asking. Times are statistically tough for many during this recession and people want to know what their options are and what they need to do. Im not a lawyer but this is what I am seeing in the loan world and in the credit arena.

My rule of thumb is always the following when it comes to making payments:

1. Always make your payments and fulfill your obligations.

2. If things are tough and there is no way out, call your lender BEFORE things are bad and before late payments are made. Always call your lender if you are going to be late. This is the same rule with landlords and tenants. The tenants that call the landlord and tell them things