Blog: October 2016 | John E. Pytte

Foreclosed Homes Savannah: What’s the Process?

Mon, 10/31/2016 - 16:11

Foreclosure is a legal process through which the lender in a mortgage loan agreement seeks to obtain ownership and possession of real estate because the borrower is not fulfilling the terms and conditions of the contract. The foreclosure process commences when a borrower fails to make a certain number of agreed-to payments set in the terms and conditions of a mortgage agreement. A person facing the prospect of a home mortgage foreclosure needs to familiarize him or herself with the general elements of the process.

Don’t want to Owe Anyone Anymore? Get out of Debt Savannah

Mon, 10/24/2016 - 10:40

So, you owe money and it’s overwhelming. Bankruptcy Attorney

You're not alone. Millions file for bankruptcy on a yearly basis, with Americans aged 35-44 leading the way. We have car loans and mortgages that we're struggling to stay on top of. The average household credit card debt is somewhere in the vicinity of $15,000!

What is a Secured Credit Card?

Wed, 10/19/2016 - 11:14

To understand a secured credit card, let’s start with the basics of all credit cards. That piece of plastic represents an account the offers small loans, anytime you need to pay for something. Need a pizza? You can pay cash out of what you have in the bank OR borrow twenty dollars from your credit card account for that.

Credit card for Bad Credit

Mon, 10/10/2016 - 22:40

If you're hoping to borrow money for a house, car, or other personal reason, chances are you already know that your credit score will be a taken into consideration. Whether you're unsure of what a credit score really is, or you get a bad feeling in your stomach every time someone mentions the word “credit,” it is important to understand what a credit score is comprised of, what it means, and how to improve it.

A Foreclosure Lawyer Looks at the Legal Aspects of Foreclosure

Tue, 10/04/2016 - 11:01

Foreclosure is a legal process through which the lender in a mortgage loan agreement seeks to obtain ownership and possession of real estate because the borrower has defaulted on the terms and conditions of the contract. The foreclosure process starts when a borrower fails to make agreed-to payments pursuant to the terms and conditions of a mortgage agreement.