Foreclosures and Debt

Best selling author of personal financial management advice, Suze Orman has teamed up with Media Queen, Oprah Winfrey to bring you a free ebook download called “Suze Orman’s 2009 Action Plan”!

Suze Orman

“Suze Orman’s 2009 Action Plan” book offers straight talking advice about various financial scenarios that may be the answer to some of your more pressing questions about your money in this financial hurricane of foreclosures, bankruptcy, loan defaults, and debt overload! Oprah Winfrey is giving away Suze’s book as a electronic download or ebook , on the Oprah.com website.

Once you click on the link above you will see two download links to Suze Orman’s 2009 Action Plan in English and one in Spanish. To download the ebook, right click on your preferred language and save to file to computer. I tried to simply click on the link, but the ebook did not open in my Firefox browser.

Once you have saved the file to your computer, you will need Adobe Acrobat Reader to open and read the ebook, get Adobe Acrobat Reader here if you do not have it already installed on your computer. When you open the ebook, you may want to reduce the size of the print by using the down button next to the size indicator, my default size is 221%. See image below.

 

Hurry and do not wait to get this free book Suze Orman’s 2009 Action Plan, according to the Oprah Winfrey website, there will be a cut off of download on Thursday, January 15, 2009! Get the Suze Orman’s 2009 Action Plan Now, and jumpstart your credit and credit rebuilding for 2009!

Tags: money by Jacky
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Foreclosure is the process where the lender of a mortgage terminates the borrower’s interest in the property secured by the mortgage loan. It is a termination of all rights of the homeowner covered by a mortgage. Once the foreclosure process is completed, the lender becomes the absolute owner of the property.

The trigger of the foreclosure process is when a homeowner misses a payment or fails to make payments of the money due on the mortgage at the appointed time. Many factors can cause this situation, like losing a job, becoming ill and unable to work, divorce and many other scenarios. However, the lender rarely considers any reason valid enough when they don’t get their payments on time.

Foreclosure allows the lender to “repossess” the property secured by the loan, and sell the property legally to try and recover the loan amount. Currently, foreclosures are up nationally 56% according to realtytrac, an online real estate database of foreclosures. So, if you suddenly find yourself in this position facing foreclosure, know that you are not alone!

Remember, the lender generally is not interested in owning your home, and you do not want to lose your home, so it’s time for a compromise!

Tags: Foreclosure Process by Jacky
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