This is a long post but it is worth the time to read everything.
This post is based on a story written in The Home Equity Theft Reporter. The Home Equity Theft Reporter is a must read for people seeking to protect their home, cash, and investments from improper debt collection and foreclosure practices.
The Minneapolis Star Tribune reported that a 57 year old woman was arrested while driving home. At first she did not know why. After being placed into a county jail she learned that she was arrested for missing a court date over a lawsuit for an unpaid debt.
Strategies to Manage Mortgage, Student, Credit Card and Business Loans
Tuesday, December 21, 2010
Got Questions? Get Answers...AR Wants To Protect His Retirement
Got Questions?
Thanks
AR
Enjoyed your book, but it doesn't address retirees walking away from a home. What assets can a bank pursue if I'm retired & walking away from a home I own in NJ? I've been told retirement money (401K, pension, social security, bank accounts) are Teflon from all except the IRS. Is this accurate? Please clarify.
Thanks
AR
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