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Month: April 2022

What Are Trust Deeds?

What Are Trust Deeds? The pros and cons of Trust Deeds are clear, but there are some downsides. During the transaction, homeowners must give up 100 percent of the equity in their home, which increases the debt payment. The property is appraised at the start of the transaction. However, payment arrangements for the equity can …

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How Does an IVA Work?

A good question is: How Does an IVA work? Essentially, it is an agreement between you and your creditors about a set budget of living expenses. In addition to your monthly income, you must also declare all expenses that you normally spend each month. If your creditors do not agree to this plan, you may …

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