Aug 16 2009

Why does the President say that the banking industry is better and small businesses are getting loans?

When CIT finance, who many retail chains get financed from is about to file bankruptcy?
Could the government be favoring certain companies? Eliminating competition to Goldman Sachs and GE’s financing divisions?

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Aug 5 2009

How should I advertise that I am selling an investment?

I’m trying to sell an investment that is worth about 2.5 million for about 800k because of my tight fiscal situation. Where can I go about to advertise that I am selling this investment?
the investment is on an oil field which expects a 5x return. No I’m not kidding.
My reason for selling is because I’m [...]

Aug 4 2009

Why would a credit banking institution want to have a customer declare bankruptcy than continue to receive min?

customer wants to continue paying minimum payments,
the bank rather have customer declare bankruptcy.
WHY?
Thank you
Estella Franco

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Jul 5 2009

What company will finance something for people with very bad credit like cars and homes?

What company will finance a car or even a house for someone with very bad credit that has file bankruptcy and everything? I am trying to make a friend out of a lie. If there are any out there, let us know. I am thinking NO…

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Jun 29 2009

Can you recomend a Mortage company that will finance after a chapter 7?

If I can't file another bankruptcy for 10 years, why would I be considered a bad risk to finance a home? Bankruptcy does not prove that a person can not manage money. They may have had lots of medical bills that were impossible to pay. I have no debt at this time and am looking [...]

May 23 2009

What are all the legal ramifications of foreclosing on investment properties?

We own 2 investment properties that we are unable to sell and can no longer make the payments on. If we foreclose on them, what are the consequences? Can the bank come after us for the difference once it sells them? Can they come after our house? Will we need to [...]

Apr 18 2009

What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy?

What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy? No payments have been made in 14 months…Bankruptcy discharged in June of this year. Finance company has our current address and phone number.

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