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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
  • Freddie Reports Solid Performance in June
    Secondary activity picked up last month at the Federal Home Loan Mortgage Corp., while serious residential delinquency moved lower and past-due payments on apartment loans improved.

    In a monthly operational summary released Friday by Freddie Mac, purchases and issuances during June were reported at 26 percent higher than in the previous month.

    But activity at the McLean, Va.-based secondary lender was down by nearly half compared to new business previously reported for the same month last year.


  • NC Firm Discloses Mortgage Layoffs
    A company based in the financial hub of North Carolina has disclosed plans to eliminate more than a hundred mortgage jobs.

    Word of the planned employee layoffs in home lending came earlier this week from RoundPoint Mortgage Co.

    The mortgage company, which has its headquarters in Southwest Charlotte, is a subsidiary of RoundPoint Financial Group.


  • Sharp Decline in New Home Sales
    Following two months of gains, sales of new homes plunged last month. The decline hit all regions of the country.

    During June, sales of recently built single-family homes worked out to a seasonally adjusted annual rate of 406,000 units.

    Sales sank by more than 8 percent compared to May's volume. In addition, the prior-month numbers were revised down.


  • Rates Hold But Might Increase
    Although there was no change over the past seven days with long-term fixed mortgage rates, they might be higher in next week's report.

    Fixed interest rates on 30-year loans averaged 4.13 percent in Freddie Mac's Primary Mortgage Market Survey for the week ended Thursday.

    Thirty-year rates didn't change from the previous week. But long-term mortgage rates were lower than in the same week in 2013, when the average was 4.31 percent.


  • HMDA Reporting Revisions Proposed
    Proposed changes to reporting requirements for the Home Mortgage Disclosure Act are intended to simplify the process while protecting consumer access to credit.

    HMDA was enacted in 1975 and requires many lenders to report information about residential loans they take applications on, originate or purchase.

    Information that is collected is used by regulators and the public to monitor whether financial institutions are serving the housing needs of their communities, It also helps identify potential discriminatory lending patterns.


Fedral Reserve News

All recent press releases from the Federal Reserve Board