If you've never heard of it, you may wonder "what is a deed in lieu of foreclosure?" And "how could it stop foreclosure?" What is this type of stop-foreclosure deed? Often referred to as "deed in lieu," a borrower will use this document to stop foreclosure proceedings. It conveys back to the lender all of the borrower's interest in the property that was used as collateral in … [Read more...]
Consolidate Credit Debt – Practical Solutions
Has your credit card debt spiraled out of control? Improving financial status requires practical solutions and determination. Sometimes people can manage debt reduction on their own. If you feel overwhelmed, you can consolidate credit debt with the help of a professional debt counselor. A few respected professional services offer counseling or programs to consolidate credit … [Read more...]