Archive for 'bubble' Category
May 24, 2008

ECONOMICS: How Economists downplay substitution on the supply side, and discount American Innovation, American Ingenuity and American Temerity. Bad policy from flawed measurements. Flawed Measurements from biased, agenda-based ideology. “The central problem confronting the new President is not the political issues of conflicting ideology nor the “choices” presented by well-intentioned economists; the real issue is […]

May 23, 2008

Strategic Comment: There are two ways for you stop foreclosure, sale and eviction dead in its tracks. One is to file bankruptcy under Chapter 13 which is an opportunity for debtors to reorganize their payments to creditors. An automatic stay goes into effect immediately upon filing with the Bankruptcy Court. Creditors who say or do […]

May 22, 2008

We are still in process of revising our manuscript for publication with all the forms we can think of. Here is a  summary of our findings thus far. Generally we have two types of jurisdictions — the non-judicial sale jurisdictions and the mortgage foreclosure jurisdictions. California, Arizona and Nevada are non-judicial sale jurisdictions as are […]

May 22, 2008

Take a look at the article (link below) which highlights the essential issues. It’s a bit choppy in reading but it makes the points you should consider as you plan your strategy for dealing with life over the next 10 years. Despite assurances from the administration and those on Wall Street who are trying to […]

May 20, 2008

We have received several urgent/emergency requests from people who are so far along in the process of this mortgage meltdown, that they feel hopeless and helpless. We can’t give you a magic bullet, but things are not quite as bad as they seem. As for stopping the eviction —- Yes, it is POSSIBLE: It depends […]

May 20, 2008

most vendors are looking for money up front that will make them rich while you go down the tubes More and more “professionals” are coming out of the woodwork to “help” with your mortgage. Whether you are in default, foreclosure, in the midst of sale or eviction, or just sitting with a mortgage where the […]

May 20, 2008

Despite all efforts to conceal the pernicious effects of inflation and the rising tide of credit warning signals, it is now crystal clear that the underlying inflation rate in the United States is over 15% while the dollar declines in value at about the same rate. This double whammy is showing up in our pocketbooks, […]

May 19, 2008

Here are some headlines that are grabbing the attention of mortgage lenders. As you can see they have good reason to be scared. It may not look like it and they might not act like it, but you have the upper hand now on your mortgage whether it is in default, foreclosure, sale, eviction or […]

May 19, 2008

From a reader: I was running errands with my Mother the other day when she told me the amount My Father and her paid for their first house, in Seattle, the year I was born-1976. It was $15,000. I waned to throw up. I know inflation happens and I don’t expect things to remain at […]

May 19, 2008

For general instructions on filing an answer, see this link. Remember that an answer is not the same as an affirmative defense and an affirmative defense is not the same as a counterclaim. In most cases for foreclosure and even bankruptcy you should be prepared to file an answer, affirmative defenses, and counterclaim, in state […]