Bank of America is known for denying plenty of loan modification applications. The bank’s reputation may change with the acquisition of Countrywide. It now services plenty of home loans and the guidelines for loan modifications could have been expanded also.
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Explore Different Ways to Stop Foreclosure
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The Benefits and the Downsides of Private Loan Consolidation
Did you know that private loan consolidation can a good option for you? Before you pursue this option, you have to understand that private loans can not be consolidated into federal ones. But you have the option to consolidate federal loans into private loans.
Reaffirming Debts in Bankruptcy Is an Option
Bankruptcy could be a way out for some people who are in deep financial troubles. However, you still need to face the issue of debt reaffirmation in a bankruptcy. If you are going to reaffirm, you will have to repay certain debts and retain your assets.
