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Bankruptcy: The Power of the Clean Slate

It doesn’t take many clicks online to find writing and advice on how to shape up your finances, even First30Days has a great financial advice section found here. There are...

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Our Reducing Debt Experts

Dave Ramsey

Dave Ramsey

Host of "The Dave Ramsey Show" on Fox Business Channel and...

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Scott Bilker

Scott Bilker

Author and creator of DebtSmart.com

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Liz  Pulliam Weston

Liz Pulliam Weston

MSN Money columnist and author

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News

The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Should Lenders Forgive Debt?

A Mortgage Broker has a big plan to reduce foreclosures. He’s trying to get lenders to forgive some of the debt and allow homeowners who are about to go into foreclosure refinance their mortgage. Of course banks aren’t on track with this yet since they’d have to volunteer to take huge hits, but it’s definitely something to think about. Seattlepi has the story.

Posted: 1/28/08