Monthly Archives: October 2026
Negotiating a Second Mortgage When Your Home Now Has Significant Equity
Collection activity on a second mortgage may stop for years while the homeowner continues paying the first mortgage and the property gradually regains value. Statements may stop arriving, collection calls may end, and the homeowner may hear little or nothing about the junior loan. For homeowners who went through the housing downturn while their… Read More »
Co-Signers and Student Loan Debt: How Bankruptcy Impacts Parents and Family Members
Student loan debt can create financial strain across an entire family. A parent who co-signed a private loan may have expected the student to handle the payments after graduation, only to find years later that the debt has become difficult to manage. Missed payments can then raise concerns about the parent’s own credit, savings,… Read More »