From How to Get Out of Debt A hero reader has sent in a new mailer that is promoting legal action against New Century Mortgage. It appears to be a mailer that could be used generically against other lenders as well. The reader said, “On Saturday I received via postal mail what appears to be (attached) the latest iteration of a mass Read the full article at GetOutOfDebt.org, click… [To view the rest of this article go to GetOutOfDebt.org]
Read more here: AVOID – Proposed Litigation Notification – Investigation Advertisement Mailer
From How to Get Out of Debt Isaak Khafizov, a former owner of American Home Recovery (AHR), a mortgage loan modification business, was found guilty yesterday in Manhattan federal court of conspiracy, mail fraud, and wire fraud in connection with a scheme to defraud distressed homeowners and lenders. Khafizov was convicted after a ten-day jury trial presided over by U.S. District Judge Read… [To view the rest of this article go to GetOutOfDebt.org]
Original post: Mortgage Modification Company Former Owner Facing 80 years in Jail
After all, if you’ve entered into an insolvency procedure (IVA, bankruptcy, DRO (Debt Relief Order) or Trust Deed), this shows potential lenders that you’ve not managed to repay the money you’ve already borrowed as agreed. …
Source: How long will my IVA stay on my credit report? | About Finance
