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US RMBS Loan Delinquencies Remain Stable; Foreclosures Edge Upward

Collection Industry News

Fitch Ratings-New York-15 July 2022: Borrowers continue to work with their servicers post-forbearance to avoid loan default, according to Fitch Ratings’ 1Q22 U.S. The sole metric showing stress is in the foreclosure category, which rose marginally to 2% from 1% and to 3% from 2% for bank and non-bank servicers, respectively.

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10 Common Questions About Bankruptcy

Debt Free Colorado

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. The decision to file for bankruptcy is a significant one, and we are here to assist you in determining whether bankruptcy is the best course of action for your circumstances. Do bankruptcies come in different types?

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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy.

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Remember these top tax tips if your debts get cancelled

Roths Child Law

If you’re going to go through bankruptcy or to look for other methods of having debt cancelled, it’s important to know how your taxes are affected by that decision. To do this, you’ll need to show that the loan was used to improve your main home, build your main home or buy your main home. You can sometimes exclude loan modifications.

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Remember these top tax tips if your debts get cancelled

Roths Child Law

If you’re going to go through bankruptcy or to look for other methods of having debt cancelled, it’s important to know how your taxes are affected by that decision. To do this, you’ll need to show that the loan was used to improve your main home, build your main home or buy your main home. You can sometimes exclude loan modifications.

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What is CRDT First on My Credit Report?

Better Credit Blog

Credit inquiries come in two different categories: hard and soft credit checks. They differ in a few key ways, starting with what prompts them: Soft Credit Check: Occurs when you check your score, get pre-approval for a loan/card, or get screened for a job or new home rental. Foreclosures. Charge-offs. Collections-stage debts.

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Bankruptcy Chapter 7 vs 13: Which Is The Best Option?

Debt Free Colorado

Are you considering bankruptcy? Bankruptcy is a challenging, life-altering experience. . If you are considering consulting with an attorney about your debt-relief options, it is essential to remember that each type of bankruptcy comes with its advantages and disadvantages. . Advantages of Chapter 7 Bankruptcy.