What happens when you take a homeowner who defaults on their mortgage into bankruptcy to stop the foreclosure sale? You get a situation that is disease ridden with errors. Katie Porter (@MsKatiePorter) recently wrote about this over at Credit Slips (@CreditSlips) in her article, What do bankruptcy mortgage servicing and Ebola have in common? where […]
How do you make your ends meet? Do you rob Peter to pay Paul? That is, to use one credit card to make the minimum payment on another? Do you rotate which debts get paid one month to the next? Katie Porter (@MsKatiePorter) recently reported on a few studies and how lower income families manage […]