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21 July 2014 | 8 replies
Given the courts very lax approach to these debtors I'm concerned it will be granted.
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26 July 2014 | 26 replies
It all depends on the investors emotional relationship with leverage if leverage makes you stressed and the pain of leverage exceeds financial gain then sure you'll try to reduce leverage even if it makes financial sense to keep debt or add more.Nowadays with the advent of the internet, systems, full service property management companies, and technology bills/payments can be taken care near seamlessly with little of your intervention.
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26 August 2014 | 27 replies
Because once you're out of debt, the income from your "job" puts a whole lot more money in your pocket every month, instead of paying debtors!
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25 July 2014 | 2 replies
Besides the fact that a short sale is the seller selling the home for less than is owed to their debtor & the long time it takes to close these a short sale is very much like a regular sale.
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13 April 2014 | 3 replies
In addition you need to know the process for collections and that when you attempt to file a Writ of Garnishment you are required to pay in Palm Beach County, a deposit for the debtors legal fees that may be collected by debtor if they are legally challenged without legal right.
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16 April 2014 | 3 replies
Uncooperatively: 3) Foreclosure - Stop paying and the bank will sue you to take ownership (this is much easier for the banks in trustee states vs judicial states) 4) Bankruptcy (Chapter 7) - Turn all your assets over to a trustee who then sells them all and divides the proceeds among all your debtors.
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31 August 2012 | 41 replies
The platform 'vision' reminds me more of incumbent microloan providers like Kiva or P2P lending platforms like prosper or lendingClub... except they overlook that this is an equity offering, as opposed to debt or secured lending.
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3 December 2011 | 12 replies
Lots of folks who did the "financially literate" thing and bought during the bubble are saddles with a debt or short sale that will damage the rest of their lives.But as far as evicting in December (or January, when those bills come in), why is the landlord the bad guy?
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7 December 2011 | 2 replies
This deficiency judgment would allow for the plaintiff to pursue other assets of the debtor defendant.
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7 October 2014 | 10 replies
Specifically, "...if the foreclosure sale is consummated, the purchaser will be entitled to possession of the real estate as of the date of delivery of his deed, and that the debtor, if still in possession, can then be evicted."