HAMP (Home Affordable Modification Program) expired on December 31, 2016. But, if you missed the deadline to apply for HAMP, don’t despair. Fannie Mae has rolled out the new Flex Modification program in the hope that more homeowners will avoid foreclosure and will be able to remain in their homes. The new Flex Modification combines the features…
If you think your social security cannot be garnished because of student loans think again! If your federal student loans are in default, a portion of your social security disability, retirement or survivor benefits can be garnished by the government to pay your federal student loans. According to a study published by the General Accounting Office (“GOA”)…
Families Affected by Military Star Card Collections One of the worst financial issues that families in Augusta, Georgia face is the garnishment of wages. Most of the time, an individual has warning that their paycheck is about to be garnished. In Georgia, an ordinary creditor would first obtain a judgment against you in court before garnishing your wages…
Many people worry about filing bankruptcy simply because they do not understand how it works. Bankruptcy is a federal court process which protects debtors from their creditors. Bankruptcy is a great tool to protect your home, car, money and to prevent your creditors from harassing you for payments. Bankruptcy, depending on the chapter, can either discharge or reorganize…
