Monthly Archives: July 2017
Forbearance And Mortgage Loans
Most people with student loans, especially government backed loans, are familiar with the concept of forbearance. When a person owing student loans gets forbearance on the loans, it means that the person does not have to make payments, or only has to make reduced payments for a set period of time. Not many people… Read More »
Protections Under The New Vehicle Damage Disclosure Act
Consumers buying a new car do not usually expect the car to have problems. They are therefore surprised if their car develops a problem, and may wonder if they are covered under Pennsylvania Lemon Law. Not every new car sold in Pennsylvania is covered under the Lemon Law, and sometimes the owner of a… Read More »
Predatory Lending And Consumer Debt
While people should be expected to take ownership of their choices and responsibility for the debts they acquire, falling into unmanageable debt cannot always be blamed on the borrower. In some situations, one of the main factors in the borrower defaulting on the debt is that he is the victim of predatory lending. Predatory… Read More »
Life Insurance Policies And The Contestability Period
A life insurance policy is a contract that a person enters into with the insurance company. Under this contract, the person promises to make premium payments to the insurance company and in exchange the insurance company promises to make a payment to the beneficiaries named in the policy upon the insured’s death. However, even… Read More »