June 2013 Archives

Banks still struggling with proper loan modification processes

Minneapolis and St. Paul residents who are living in fear of losing their homes to foreclosure know firsthand just how stressful it is to be in debt. However, the situation can become even more stressful when lenders fail to respond to homeowners about possible loan modifications in a timely matter. In fact, this time delay can even lead some further into debt and eventual foreclosure.

Americans started to carry more credit card debt

Having excessive amounts of credit card debt is one of the many reasons Minnesotans decide to file for bankruptcy. In many of these cases it was never really their intention to rack up thousands of dollars worth of debt, but either the debt crept up over time or sprung up due to unexpected expenses and they had nowhere else to turn.

Prescott Pearson & Tande, PA
443 Old Highway 8 Northwest, Suite 208
New Brighton, MN 55112

Toll Free: 888-366-0827
Phone: 651-968-8096
Fax: 651-633-7562
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