.$275 to evict..."50% recovery fee" if they help you get back rent (they wont, so a moot point) $15 to advertise in the "paper"...who the hell reads the paper in 2019?

Bonus also only applies to property with a 20 year or less recovery period, meaning it does not apply to the actual structure of a building.

@Zoe Lee We can send a demand letter, but your odds of financial recovery are low.

And for sure based on your questions and its great your asking these up front.. you should spend a few hundred bucks and let the attorney review the criminal back ground and the credit and then advise on usary issues and whats the best way to secure your loan.but your radar is guiding U correctly small balance loans can be very risky .. the money is so small if you have to sue to get it back the cost of litigation exceeds your recovery or amount loaned.. good luck and let us know how you make out.

This recovery is certainly more sluggish than the last few but the last recession was the deepest since the great depression in the 20's.

What you need is an honest opinion from a judgment recovery company.

Avoid the short sale as everyone has mentioned, it will effect your credit; they are going after financial recovery on some short sales and of course you have the IRS Consequences.

I agree that this is one of the strangest situations I have ever seen.I have tried to figure out what would motivate a bank to follow this predictable path not once but multiple times.Maybe it is just wishful thinking on the part of the lenders... as they all seem to still have their head in the sand regarding any sustainable recovery and home prices stablizing let alone increasing.

I coach young athletes in my spare time, and giving these girls athletic as well as life skills brings me to a whole other level of joy!

But if you can't wait for a recovery, then you may have to walk on your contingency.