Solicitor, barrister, lawyer - whichever of these is attached to his name, the attorney is a symbol of obedience to the law. His profession is one of the noblest. There are many fields of the law, the most difficult may be the criminal law. So - criminal lawyers perform very difficult task both in prosecution and defense. In the United States, even in the United Kingdom or any other place in the globe, there are law firms that have been...more
Ask those who are rich, and they will probably say they got rich from real estate or stocks. These are only two ways. There are actually various ways to get rich by investing. You can purchase bonds, mutual funds, and many other investment tools.People who invest in real estate will normally buy property and flip it for a profit. If they do not sell it, they may place someone in the building and collect rent. There are many ways real estate...more
When I first became interested in foreclosure investing, I was of the opinion that people who dealt in this sort of investing were greedy opportunists who would prey upon unfortunate homeowners who were plain and simply down on their luck. Sometimes people, for one reason or another, have trouble in finding the money to make their next house payment. What happens? The vultures sweep in, buy up the properties for crackers, and then turn around and sell these homes or properties for a huge profit.There are people out there who buy and sell foreclosures and fit that stereotype. They carry out their business without integrity or compassion to the families involved. Believe it or not, there are investors out there however, who do not play this game. They are aware of the predicament that some homeowners find themselves in when they cannot find the money to make the next payment on their home. This situation is usually through no fault of their own. There are sometimes circumstances beyond their control. People lose their jobs or get laid off. People become sick or may have a death in the family. To make matters worse, these same people are then harassed by debt collectors and are then...more
Despite what you may think, the foreclosure process is usually long and more drawn out than you would believe. When someone buys a property they usually have to borrow money from the bank or another lender. If for any number of reasons the homeowner stops making mortgage payments or gets behind in those payments, they receive a payment reminder...more
Investing in the foreclosure process involves more than just buying up properties that people cannot afford for your own profit. The reality of it all is that the process itself can take anywhere from three to six months to even a year. You find keen investors can enter the game at numerous stages in the foreclosure process. The main stages...more
The most likely result in the foreclosure process is that the homeowner will lose ownership and then possession of their home. However the foreclosure procedures vary depending on which state of the USA.Let me explain. There are two types of foreclosures and each state of the USA follows either of these procedures.1. Foreclosure by Trustee SaleWhen a property is purchased in the states that follow this foreclosure procedure, the county issues a deed which a trustee holds until the mortgage is paid. When the homeowner defaults on the house payment, the bank or lender notifies the trustee to begin foreclosure proceedings. The property is sold and the proceeds from the sale goes to the lender to cover the loan. 2. Foreclosure by Judicial SaleIn the states that follow judicial foreclosure, when the homeowner defaults on the house payment, the bank or lender files a claim for the balance of the loan from the homeowners. The courts work out the settlement but this can take up to six months or even longer to resolve. During this time, unless the borrowers can work some solution out with the bank, the chances of losing the home is excellent.So what happens when homeowners miss a couple of...more
Foreclosure investors often make the decision to do their own bidding at foreclosure sale auctions.The general misunderstanding about the nature of foreclosure sale auctions is that the foreclosure investor actually bids on the property when in fact...more
You must have heard about the increasing amount of cases for the DWI cases. DWI is term which is actually known as driving under intoxication. This is an illegal attempt and people doing this have to directly go behind the bars if caught. So if at...more
Other options include inflation protection and variable rates. Treasury Inflation-Protected Securities (TIPS) are issued by the U.S. Treasury, and their principal depends upon the Consumer Price Index. Their principal increases with inflation and...more
For more information Visit our website i.e.: http://www.collings-law.com/family-lawyer-houston/divorce-attorney.Divorce Lawyer in Houston, TX By: Chris Collings About the Author (ArticlesBase SC #3030298) ...more
By seeking legal help and consultation, you can be given the necessary financial assistance for treatment as well as claim for damages.The High Importance of Having an SJS Lawyer or TENS Lawyer By: SJS Lawyer About the Author SJS...more
The attorney will also be present at the scheduled hearing. He will bring up any questionable budget items for discussion. The legal attorney will also be present at your side during the hearing. It is thus evident that filing a bankruptcy claim...more