I’m selling our dump truck and bobcat right now but business has really been slow. Should I just voluntarily have it repossessed right now rather than pay for it from my personal funds and eventually still lose it later on?
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Is voluntary repossession of a heavy equipment a good option if your other personal credits are still good?
Posted in Questions & Answers Also tagged credits, equipment, good, heavy, option, personal, Repossession, voluntary 2 Comments
Is California a state which make me still responsible for loan balance when they sell my house in foreclosure?
Is California one of the states which holds me responsible for the balance of the loan when they sell my house in foreclosure?
Posted in Questions & Answers Also tagged balance, California, Foreclosure, House, loan, responsible, sell, state, they 3 Comments
Bernanke says economy still needs low interest rates
Bernanke says economy still needs low interest rates Federal Reserve Chairman Ben S. Bernanke said the U.S. economy still needs low interest rates and that the central bank will be ready to tighten credit “at the appropriate time.” Read more on Baltimore Sun
Bernanke: Record-low interest rates still necessary
Bernanke: Record-low interest rates still necessary Federal Reserve Chairman Ben Bernanke Thursday said record-low interest rates are still needed to support the U.S. economy, but the central bank has to be ready to tighten credit to prevent inflation. Read more on Denver Post
Report: Foreclosures still dominate housing market
Report: Foreclosures still dominate housing market Despite signs of economic recovery across the country, the Phoenix-area housing market continues to be driven by foreclosures. Last month, almost two-thirds of the existing-home transactions in the market were either foreclosures or the resales of previously foreclosed-on properties, according to the latest Realty Studies report from the W. [...]