by Kevin Fallon McCarthy | Mar 3, 2017 | HELOC and Mortgage Debts, Mortgage Debt
What is a second mortgage? Second mortgage definition A second mortgage is a lien on a property that is subordinate to an existing first mortgage. A loan to acquire a home is usually the first lien recorded on a property. Subsequent loans generally require new... 
by Kevin Fallon McCarthy | Nov 14, 2016 | Avoid Bankruptcy, Credit Card Debt, Debt Settlement, Mortgage Debt
We have all faced emergency situations that we weren’t prepared for, like that unexpected car repair bill or the need for a new air conditioner. When these life events happen, how do you cover the cost? How do you handle such financial situation when you haven’t got... by Kevin Fallon McCarthy | Jan 16, 2015 | Foreclosure Deficiency Debt, HELOC and Mortgage Debts, Loan Debt, Mortgage Debt
From the desk of San Francisco lead attorney Alison Cordova: There are deadlines for foreclosure. Which deadline depends on what type of foreclosure and whether there is a maturity date in the note. In 1933, CA adopted Section 725(a) of the Code of Civil Procedure,... by Kevin Fallon McCarthy | Dec 15, 2014 | Debt Relief in California, Foreclosure Deficiency Debt, HELOC and Mortgage Debts, Mortgage Debt
As CNNMoney puts it: “they thought losing their home was bad enough.” Yet many people who lost their homes in foreclosure during the recession are now facing significant collections efforts. Who are these people? Anyone who owed more than their home was... by Kevin Fallon McCarthy | Nov 24, 2014 | Avoid Bankruptcy, Debt Settlement, Foreclosure Deficiency Debt, Mortgage Debt
Zombies! Foreclosure Debt Lives As CNNMoney puts it: “they thought losing their home was bad enough.” Yet many people who lost their homes in foreclosure during the recession are now facing significant collections efforts. Who are these people? Anyone who... by Kevin Fallon McCarthy | Aug 4, 2014 | Credit Card Debt, Credit Score, Debt Relief, Debt Settlement, Loan Debt, Mortgage Debt
Are you a first time home buyer? Maybe you are starting the process of searching for your first home. If you think that you will qualify for a mortgage because of your credit score, you may want to think again. Although a credit score is an important piece of the... 
