Blog Posts in 2012

  • Bankrupt Auto Company Hopeful for the Future

    Posted By San Diego Bankruptcy Pros || 19-Jun-2012

    Saab, a Swedish car manufacturer, filed for bankruptcy in 2011. Now, the company is being bought by the National Electric Vehicle Sweden (NEVS) for an undisclosed sum of money. Saab has been manufacturing cars since 1947 – 65 years – and was eventually sold to General Motors. When GM filed for bankruptcy in 2008, Saab was sold to a Dutch group called Spyker. Ever since it was bought by ...
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  • Should I Rent-To-Own a Home?

    Posted By San Diego Bankruptcy Pros || 12-Jun-2012

    In a struggling economy, many people have suffered financial setbacks, but this doesn't mean that a great deal of American still hope to own their own homes. While owning a home is wonderful, poor credit ratings and other financial difficulties may make it hard for borrowers to qualify for home loans. If this is your situation, you may have considered renting to own your home. Rent-to-own may ...
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  • Beware! A Strategic Default Hurts Your Chances for Future Mortgage

    Posted By San Diego Bankruptcy Attorney || 13-Mar-2012

    You may be unaware that walking away from a home loan could make it exceedingly difficult to secure a mortgage in the future. In light of the economy and because the value of homes are decreasing, many consumers are choosing to follow through with foreclosure instead of fighting to keep their home. The majority of homeowners who opt for strategic default actually owe more on their home loan than ...
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