What is the difference buying a foreclosure home and a bankruptcy home?

Mrs. Pearlie asked: Just like to see if the prices would be different? I know that foreclosure homes are cheap, but are the bankruptcy homes cheaper or?

Whats the catch?

Anything would be appreciated.

Thanks.

Is foreclosure debt relief still taxed or not?

Chuck Z asked: Recently, there was talk that the IRS was changing its rules so that debt relief experienced by persons who lost their homes to foreclosure would no longer be taxed. What’s the status on this rule change?

When they dump the dollar and America is a bankrupt 3rd world country, will Republicans finally be happy?

longhaired freaky person asked: We won’t have any money to spend on education, so people will be less educated.
We will be at the mercy of forces we can’t control, so people will turn to religion.
There will be less of everything to go around, so people will become less compassionate and generous.

Sounds like a bankrupt future [...]

Auto Title Cash Loans – Car Pawn Alternative by Fast Cash Personal Loans

We offer fast auto title loans that provide quick cash and let you keep driving your auto while you repay the loan. Our auto title loans offer you the opportunity to get cash fast. We understand that you may have had trouble getting a loan at your local bank or credit union. Our car title [...]

Simplify Your Household Budget

Simplifying the way you manage your finances can make sticking to a budget much easier. Limiting the amount of time it takes to actually manage your budget will make it more likely that you will do it.  With the right technique it should only take you 20-30 minutes a week to stay on track.

The [...]

How likely is it that General Motors will go bankrupt?

chong asked: My dad works for GM and since the news that GM may declare bankruptcy, both of my parents have been worried. What are the chances that GM will go bankrupt?

Dealing with Colorado Mortgage ProgramsIf you are already a homeowner or just someone who wants to own a home, you know there are many Denver mortgage choices available to you. But since people who are interested in buying a home are different, the top Colorado mortgage providers must be diligent about coming up with the [...]

How do you subordinate a second mortgage?

Richi asked: I am trying to help my client refi his first mortgage, but in order to do that I have to subordinate his second mortgage. The lender that I’m trying to sub is Chase. Any help would be greatly appreciated.

The Inner Workings of a Debt Relief Program: 5 Critical Steps

Typically, when you think about debt relief programs, you think about taking out a loan up-front, a debt consolidation loan, which is used to pay off all of your debts. You then only owe on the single loan rather than multiple accounts. However, there is another way of getting a handle on your debts that [...]

What is Obama’s plan to reduce debt and balance the budget?

wormwar1 asked: LOL. Sorry. I have to laugh at myself for asking that question.