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Foreclosure Defense and Loan Modification Blog

Can You Go on Vacation If You're in Foreclosure?

Posted by Maxwell Swinney

Monday, July 25, 2016

Even under the best circumstances, everyone needs a vacation to get away from the grind of regular life, recharge their batteries, and spend some quality time with their loved ones. If you're behind on your mortgage or in foreclosure, you could probably use a stress-relieving vacation even more.

But is it appropriate to go on a vacation when you aren't paying your mortgage?

It depends on your particular circumstances, and what kind of money you're going to spend on your trip.

People generally don't stop paying their mortgage unless something went seriously wrong with their finances and/or life. We hear their stories all the time, and they're often tragic. Loss of income, cancer, divorce, and enormous debt burdens are all common for people who default on their mortgage. Nothing good causes a person to stop paying their mortgage.

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Topics: loan modification, foreclosure, personal finance

Money Management Tips for Tough Times

Posted by Maxwell Swinney

Friday, March 11, 2016

You need money to get by in the world, but most of us have not been formally educated on how to manage our personal finances. We hear things from people we know, the media, and in advertisements. A lot of what we hear is out of context or wrong, and money is so personal that we often think it's in bad taste to talk about it with other people. So the topic is avoided.

But it's clear that many Americans desperately need to improve their financial situation. A recent survey from Bankrate.com says that 63% of Americans don't have enough savings to cover a $500 unexpected expense. Worse, one in three families have no savings. That's a big deal because unexpected expenses are as guaranteed as death and taxes. They always happen.

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Topics: personal finance

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

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Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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