Melody Warnick wrote a couple of great articles at Creditcards.com on adding a written statement to your credit card statement. The first article is on how to add a written statement to your credit report. What is a statement? “A…
Posts Categorized In: Current Affairs
California Debt Blog: FAQ: I am a renter and my landlord has been foreclosed on.
Q: I am a renter and I think my landlord has been foreclosed on. Help! A:How can I find out if my landlord still owns the condo or it is foreclosed on? Go down to your county recorder. Give them…
California Debt Blog: Be Wary of Attorney Based on Services
Remember on the 12th I wrote about being cautious with mortgage rescue companies? Well, you also need to be careful with attorney-based services or services with attorneys on staff. Diane Karpman, an ethics attorney who writes for the California Bar…
California Debt Blog: Hiring a mortgage rescue solicitor
Jim Wasserman at the Sacramento Bee has a great article today about hiring a mortgage rescue solicitor. The gist: be careful. Jim points out that most mortgage rescue solicitors cannot be paid in advance. Jim explains that the DRE has…
California Debt Blog: Are you not getting paid?
I have had a rash of calls lately about people working who are not getting paid. It is a sad state of affairs, but in today’s economy, it is not uncommon. So, what do you do? The easiest thing to…
California Debt Blog: Mortgage Modifications: Why the system is still struggling
Since so many people have asked, here is why, in my opinion, the system is struggling with mortgage modifications and an explanation of how we got here inthe first place. What is so hard? Lenders, looking for new sources of…
California Debt Blog: The Statute of Limitations Defense Works
I just had a client sued by a debt collector for a debt that was more than 4 years old. The complaint (the lawsuit in lay person terms) stated that the debt was delinquent in February, 2004. The lawsuit was…
Auto Insurance Zip Codes Matter
No, not for rating reasons. At least, not this time. When you complete your insurance application, you have to list the zip code where the vehicle will be garaged. This is information the insurance company uses. When you move, you…
California Debt Blog: Renters Beware
The newest problem for renters, as if you did not have enough problems, is landlords who are behind on their mortgages. The problem goes something like this: you pay your landlord the money. The landlord fails to pay the mortgage….
California Debt Blog: Don’t be fooled
There is a scary new trend that worries me. Homeowners are receiving letters from “Loss Mitigation” or “Loss Control” or some other similarly helpful name. The letters reference their loan number and lender and offer help in the way of…