Debt settlement Scams Explained

Debt Settlement Scams As the credit crunch is felt around the world many people are trying to make more room in the family budget by paying off some debt for less than what they owe. Paying off your credit card or other loans for less than the full amount due is known as a settlement. …

Update on SEC Goldman Sachs suit and Paulson bet

Why is Goldman Sachs stalling on a request from the SEC? Goldman Sachs Group Inc. will have longer to respond to the high-profile lawsuit by the Securities and Exchange Commission over disclosures regarding a collateralized debt obligation tied to subprime mortgages, a judge ruled. Apparently the CDO in question was one that caught the eye …

Saxon Mortgage ignores judge, forgets escrow, taps bank account

CB in Texas said: “I have been trying to pay my November bill all day and they will not take the payment because they have indicated I have an delinquent Escrow balance. I called the Tarrant County tax department and they indicated they sent Saxon a refund application on July 15th of 2009 and the …