CALIFORNIA PROBATE CENTER

The Authority for Probate Litigation and Estate Planning in California

Financial Planning: Trying to Survive a Sub-prime Squeeze

Posted on | May 11, 2008 | No Comments

“Bad financial decisions and poor timing have landed Alicia Cardenas smack in the middle of the nation’s sub-prime mortgage mess.

The single mother of three could qualify only for a high-interest loan when she refinanced two years ago to pay off a home equity credit line and her share of a divorce settlement.”

Financial advice from the LA Times on how to avert a sub prime mortgage disaster.

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