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April 2012 - Posts

Debt from ID theft?

What an industry! The number of credit monitoring and reporting services is staggering, however I have not had a client that had been affected by ID theft. From a recent advertisement I saw, hacking into checking and savings account is rampant. I know
posted by Danforaloan | 0 Comments

'Notables' bankruptcies always newsworthy.

You see in the news 'yada yada yada' declares bankruptcy. Then you ask yourself, how can this happen? They were gazillionaires yesterday. Some people say mismanagement, bad luck, sign of times, Nasty Divorce', poor health, and the reasons go on and on.
posted by Danforaloan | 0 Comments

'Split' or 'Shared Leases'! Entangled Indebtedness!

As you probably know, anything can be leased or purchased on a divided payment basis. Four people can lease a Rolex. Six people can lease a Lear Jet. Eight people can lease a custom designed yacht. As long as a residual value can be determined, an article
posted by Danforaloan | 0 Comments

'Medical Bankruptcy' Ambiguities!

This 'medical' part does not show on a credit report, however if it is the true cause for filing, the filer should get a 100 point fico bonus so their prior pay habits could get more weight before they were afflicted. (The score seems cold and heartless,
posted by Danforaloan | 0 Comments

Personal Bankruptcies! The 'nasty' divorce bankruptcy! '

Bankruptcies resulting from divorces seemed to flourish more in the 90's. It seemed like every other day you would be confronted with a credit history that showed a BK and the excuse seemed to be a 'nasty divorce'. Here is the picture. A young lady and
posted by Danforaloan | 0 Comments