May 25, 2011
During the housing boom, mortgage lenders came up with new and exotic mortgages to put people in homes.
One of the most common mortgages was an 80/20 mortgage. You would be given a first mortgage which would cover 80 percent of the cost of the home and then a second mortgage that would cover the remaining [...]
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March 30, 2011
In Pennsylvania, the statute of limitations on debt is four years. That means that if a debt has a period of no debtor activity for four years the debt is no longer collectible in the Commonwealth.
So does this mean my creditor can no longer harm me once four years has past? Like most things in [...]
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