Loan modification.
If you don't know this term, you will soon. The bank bailouts
and economic stimulus measures of the late 2000s have
created a financial environment in which all kinds of
contracts are negotiable...and renegotiable. This may
seem like a chaotic free-for-all. But it's not. In order
to take advantage of the opportunity to improve your situation,
you need to know the rules. This book gives you those
rules.
Each part of the financial sector (home loans, car loans,
student loans, etc.) has its own standards, priorities
and procedures. If you know these, you can speak the language
of today's deal. Of the Cramdown. |