With the credit crunch forcing many companies into administration, the most savvy of the many flailing companies dotted about the country will look to either latch on to a successful company via means of a merger, or look to the government to bail them out. We have seen many high street banks and building societies rescued by the banks in the previous year or two, beginning with Northern Rock and leading up to Barclays’ most recent bail out.

Borrowers Beware - Loan Modification Companies and Foreclosure Rescue Companies
Beware of these Mortgage Rescue companies. If you are tempted to engage one of these companies, please make sure you review the recently enacted law by the Florida Legislature which specifically targets these companies, The Florida Foreclosure Fraud Protection Act. Among other things, this law prevents these foreclosure rescue companies from getting paid up front and also requires a “Cooling off” period. The Banks have lawyers. You should have a lawyer on your side.

Truth in Lending Act and Foreclosure
One of the laws that give homeowners the most protection against mortgage lending abuses is the Truth in Lending Act (TILA). This act is designed to provide borrowers with adequate disclosures

Find the Right Lawyer For Your Property Transaction
Are you interested in buying or selling property in New Zealand? If you are, the best thing for you to do is to not sign anything without having consulted a local NZ lawyer first. People now go into transactions involving property without legal advice and you can, too, if you’re willing to risk your life savings. Buying or selling property is probably the biggest transaction you’ll ever get into that involves a huge chunk of your money.

This entry was posted on Tuesday, September 29th, 2009 at 11:22 pm and is filed under Washington Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.