• ¡Welcome to Lending Network!
  • America's Fastest Growing Loan Scenario Online Forum
Hello There, Guest! Login RegisterLogin with Google+


Welcome to Lending Network! America's Number One Loan Scenario Help Center For The Public Join Our Lending Network Online Community Forum And Ask Your Loan Case Scenarios To Our Moderators & Real Estate Professionals.
It takes seconds to become a member. Lending Network was created and launched as a mortgage, real estate, and credit information center for the general public to utilize it as a loan scenario help desk online community forum.

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Debt Settlement: How do lenders view debt settlement
#1
Unfortunately, many mortgage lenders view debt settlement the same as bankruptcy while other mortgage lenders view debt settlement worse than bankruptcy. Under some mortgage lender's view, a debt settlement is when a consumer were irresponsible and charged up their credit cards or other debt and tried to get off the hook by paying less than the amount they owe. Consumer that had a debt settlement can always do debt settlement again and have always the option to file bankruptcy whereas when a consumer files for bankruptcy they cannot file another bankruptcy for another 7 years. Attached is a blog post I published recently on Debt Settlement.

http://gustancho.com/debt-settlement-pro...ettlement/

 
Reply
  


Forum Jump:


Browsing: 1 Guest(s)