image image image
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
  • CFPB Selects 12 Firms for eClosing Pilot
    A dozen firms, more than half of which are lenders, have been selected by the Consumer Financial Protection Bureau to participate in a digital experiment.

    The bureau said Thursday that it will begin conducting a three-month mortgage eClosing pilot program later this year.

    According to the CFPB, it wants to explore how increased utilization of technology during the closing process could impact borrower understanding and engagement.


  • Mortgage Rates Retreat, Unlikely to Rise
    Long-term fixed rates on home loans declined to the lowest level so far this year, and all indications are that they won't be any higher in the next report.

    Secondary lender Freddie Mac reported in its Primary Mortgage Market Survey for the week ended Thursday that 30-year fixed rates averaged 4.10 percent.

    That was the lowest average for long-term mortgage rates during any week this year, according to historical survey data.
  • Another Positive Real Estate Report
    Sales of previously owned homes turned higher last month -- improving more than analysts had expected and adding another layer of optimism to the nation's housing market.

    Existing home sales -- including single-family homes, townhomes, condominiums and co-ops -- came in at a seasonally adjusted annual rate of 5.15 million in July.

    The pace of sales for previously owned homes increased from 5.03 million a month earlier. The June total was revised down from 5.04 million originally reported.


  • Proprietary Activity Drives Rise in Loan Modifications
    The monthly volume of loan modifications that were completed edged up, though not much. The gain might have been stronger if it weren't for drop in government-supported activity.

    U.S residential loan servicers completed 6 percent more loan modifications in June than they did during the previous months.

    The total included mortgage firms' own proprietary program activity and loan modifications completed through the Home Affordable Modification Program.


  • Rebates on HECMs Could Benefit Seniors
    The Department of Housing and Urban Development won't confirm if rebate pricing can be used to offset closing costs on home-equity conversion mortgages.

    On traditional home loans, lenders are able to adjust the interest rates to utilize rebate pricing that lowers settlement costs.

    But on HECMs, HUD has responded to lender inquiries on the issue with a stock reply of "we will look into it" since it is aware that it need not do any follow-up because it is not being monitored.


Fedral Reserve News

All recent press releases from the Federal Reserve Board