Comments on: How to get a good credit score http://utahmortgageteam.com/2010/03/how-to-get-a-good-credit-score/ Utah. Mortgage. Experts. Wed, 25 Aug 2010 20:00:23 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Corey http://utahmortgageteam.com/2010/03/how-to-get-a-good-credit-score/comment-page-1/#comment-38 Corey Wed, 25 Aug 2010 20:00:23 +0000 http://utahmortgageteam.com/?p=175#comment-38 In short yes, any loans on the house would be included in the short sale (in theory) assuming your agent knows how to do a short sale correctly. How you get rid of unsecured debt and car loan without a BK? Sell the asset and pay it off Settle it and pay the difference Pay it in full. Thats pretty much your options outside of a BK. Sorry to hear about your marriage. Best of luck. In short yes, any loans on the house would be included in the short sale (in theory) assuming your agent knows how to do a short sale correctly.

How you get rid of unsecured debt and car loan without a BK?

Sell the asset and pay it off
Settle it and pay the difference
Pay it in full.

Thats pretty much your options outside of a BK.

Sorry to hear about your marriage. Best of luck.

]]> By: laticia dyer http://utahmortgageteam.com/2010/03/how-to-get-a-good-credit-score/comment-page-1/#comment-37 laticia dyer Wed, 25 Aug 2010 19:01:19 +0000 http://utahmortgageteam.com/?p=175#comment-37 I have paid the first $500 (type up papers)of the $2000 (papers are filed in courts and attorney is paid) to start the bk proceedings. I was going to file chapter 7. I have two loans for my home I occupy, and three credit cards $27,000 unsecured debt. I lost my job in 2008 and had to put my mortgage payments on all three. I sold my new paid for BMW to pay the mortgage and collected in on my IRA's. I purchased a $23,000 2008 SUV for a family member which failed to keep up with the payments. I managed to get it down to $19,000. I would like to sale the car but don't know how to while financing. I always knew that even though my unsecured debt is a lot, yet not enough to file a bk. I still have some fight in me. I received some literature in the mail from a short sale professional yesterday and gave him a call immediately; he will be stopping by today to pick up the necessary paper work needed to start the proceedings because my sale date on my home is in December. My question is, how do I get rid of the unsecured debt and car loan if I don't file a bk? Does the second loan on my home get added into the short sale? Other baggage: I am finally kicking my new husband out! He is an alcoholic and thinks it is ok to get drunk and disrespect me. I already have a restraining order against him, which I am going to use. His manipulations will not work anymore! Thanks I have paid the first $500 (type up papers)of the $2000 (papers are filed in courts and attorney is paid) to start the bk proceedings. I was going to file chapter 7. I have two loans for my home I occupy, and three credit cards $27,000 unsecured debt. I lost my job in 2008 and had to put my mortgage payments on all three. I sold my new paid for BMW to pay the mortgage and collected in on my IRA’s. I purchased a $23,000 2008 SUV for a family member which failed to keep up with the payments. I managed to get it down to $19,000. I would like to sale the car but don’t know how to while financing. I always knew that even though my unsecured debt is a lot, yet not enough to file a bk. I still have some fight in me.
I received some literature in the mail from a short sale professional yesterday and gave him a call immediately; he will be stopping by today to pick up the necessary paper work needed to start the proceedings because my sale date on my home is in December. My question is, how do I get rid of the unsecured debt and car loan if I don’t file a bk? Does the second loan on my home get added into the short sale?

Other baggage:
I am finally kicking my new husband out! He is an alcoholic and thinks it is ok to get drunk and disrespect me. I already have a restraining order against him, which I am going to use. His manipulations will not work anymore!
Thanks

]]> By: How to get a great credit score | Jack's Money Saving Blog http://utahmortgageteam.com/2010/03/how-to-get-a-good-credit-score/comment-page-1/#comment-24 How to get a great credit score | Jack's Money Saving Blog Tue, 30 Mar 2010 23:54:52 +0000 http://utahmortgageteam.com/?p=175#comment-24 [...] post: How to get a great credit score Share and [...] [...] post: How to get a great credit score Share and [...]

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