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Lifeline Debt Settlement Are you ready to take the first step to living a debt-free lifestyle? Simply fill out the form, located to the right, and begin your journey to living debt-free. Once submitted, your request is carefully reviewed and one of our Representatives will telephone you to discuss creating a program tailored to your unique situation. Remember, our consultation is free, designed to benefit you and answer your questions - all without any obligation.
Mortgage Need Help? Some people have expressed skepticism that you can actually do debt settlement on their own using our strategy or other creative methods of settling debts. Read letters from readers who were highly successful. Lifeline Settles your debt and help to build your credit back. Before you do anything, you should realize that the process of rebuilding your credit takes some time.
Need A Reverse Mortgage When life gets tough and you need some help paying those monthy bills, your mortgage may be able to help call 1(877)-LIFE-631 and find out how a reverse mortgage can put a new turn on to your life. Grab The LIFELINE

Settling Debt Nationwide!

Our attorneys have been setteling unsecured debt since 1978 ! Our National average is .40 cents on the dollar. They have settled over 30 Thousand accounts and counting to date.

Free Debt Settlement Consultation

Are you ready to take the first step to living a debt-free lifestyle? Simply fill out the form, located to the right, and begin your journey to living debt-free. Once submitted, your request is carefully reviewed and one of our Representatives will telephone you to discuss creating a program tailored to your unique situation.

Remember, our consultation is free, designed to benefit you and answer your questions - all without any obligation.

If you are in need of credit repair, debt settlement could be one of the culprits behind your low credit score. Debt settlement can be devastating to a credit score and cause you many financial troubles. However, you can repair your score in time. Here are some things to consider about repairing your credit score after debt settlement.

Things to Remember When Before we Negotiate
Whether you negotiate on your own or hire our debt negotiation service, keep the following things in mind:

•The amount you can afford to pay. This should be a reasonable amount and often 40-60% of the total debt. Low-ball offers will be rejected immediately.
•Creditors aren’t required to negotiate. They often will, if the next option is bankruptcy, but don’t expect them to make it easy for you.
•Negotiation is a process. When you negotiate, you make an offer and your arguments. Expect them to make a counter-offer and counter-arguments.
•You’re negotiating with a person. If you’re friendly and professional, they will be as well. Explain your situation in personal terms without becoming emotional. Listen to their arguments and answer them clearly. Your job is to convince them to see your side. Their job is to convince you to pay more. If you both play your roles properly, you’ll reach an agreeable settlement.


Negotiating debt is difficult and scary for most people, but it can be done. If you don’t succeed on your own, hire a professional to do it for you. You can get help for your debt.

We try to avoid bankruptcy using our Lifelines attourny based negotiation such as

•Chapter 7 liquidation allows businesses and individuals to cancel all debts through a process of selling assets. A judge determines which debts take top priority and assures the debtor pays out as much as possible through the process.
•Chapter 11 restructuring typically deals with businesses who would like to stay in business and maintain control of assets. A judge restructures debts and sets up a new payment plan to allow this to occur.
•Chapter 13 restructuring typically pertains to individuals who would like to hold onto assets while repaying debts. 
 
 

 

 

Mortgage

Mortgage Industry News for the Mortgage Industry
  • Concerns Over New Mortgage Insurer Requirements
    While much of the mortgage insurance industry has thrown its support behind proposed eligibility requirements for insurers on government-sponsored enterprise loans, at least two firms have expressed concern.

    Fannie Mae and Freddie Mac have been directed by their regulator and conservator, the Federal Housing Finance Agency, to revise, expand and align their risk management requirements for approved mortgage insurance companies.

    A draft of the new private mortgage insurer eligibility requirements released on Thursday includes updated financial requirements that utilizes a risk-based framework to ensure mortgage insurance companies have enough liquid assets to pay claims.


  • Mortgage Rates Creep Up But Could Retreat
    Mortgage rates inched higher on a strong employment report but could give back all of the increase in the next rate report.

    A 3-basis-point increase from seven days earlier left 30-year fixed rates averaging 4.15 percent in Freddie Mac's Primary Mortgage Market Survey for the week ended Thursday.

    In assessing this week's movement, Freddie Mac Chief Economist Frank Nothaft highlighted last week' strong employment report.


  • Former Wells Fargo Manager Off to Prison
    A former manager at Wells Fargo Home Mortgage Inc. has been handed down a prison sentence for defrauding his former employer.

    The case involves a total of 10 defendants who were originally charged in 2012 for a mortgage fraud conspiracy involving $40 million in loans.

    According to the U.S. Department of Justice, the defendants sought out distressed oceanfront resort properties in South Carolina and Georgia.


  • HEL Delinquency Deteriorates
    Late payments on home-equity loans worsened on a quarter-over-quarter basis but improved from a year earlier. Loan performance on home-equity lines was better but will be stressed in the coming quarters.

    Delinquency of at least 30 days on consumer installment loans owned by banks was at a rate of 1.63 percent in the first quarter.

    Thirty-day delinquency on the loans worsened by 4 basis points compared to the final quarter of last year.


  • US AG Rebuffs BofA Request for CEO Meeting
    The nation's chief lawyer has declined an invitation to sit down with the chief executive officer of Bank of America Corp. and work out a settlement.

    Last month, a request was made for U.S. Attorney General Eric Holder to personally meet with Bank of America CEO Brian Moynihan.

    The meeting was proposed by the Charlotte, N.C.-based company in an attempt to resolve outstanding claims on troubled mortgage-backed securities.


Fedral Reserve News

All recent press releases from the Federal Reserve Board