Join me on the next Foreclosure Fridays Live (June 29th) to discuss my trip, Foreclosure Book, etc! Start at 5PM PST (10AM Saturday in Australia).

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Avoiding Stress = More Stress

I’ve been a little out of it last couple of days. After coming back home to Sacramento on Monday I was feeling very overwhelmed by the “reality” that was/is waiting for me: … still facing foreclosure on 4 houses … well over $150K of unsecured debt … decision to file bankruptcy or not to file […]

Will I Go to Jail for Mortgage Fraud?

[Photo by !borghetti used with permission.] In this blog entry I’m explaining all the potentially “shady” loan practices over the last 12 months as a real estate investor. I am trying to figure out the following: Did I commit mortgage fraud? To what extent? What are the consequences? Will I go to jail? Should I […]

Yes, I Lied on My Loans!

No more excuses! It’s true. I lied on my loans. I overstated my income, and misrepresented my owner-occupied status and concealed the cash-back-at-close from the bank. I knew it all along. Nobody made me do it. It was my fault. I take full responsibility. And, that’s how I originally started this blog. But then… I […]