Op-Ed: On Foreclosure, Loan Modifications and Credit Repair

by Lazer Avtzon

PSA – Thirteen Cardinal Rules on Home Foreclosure/Loan Modifications and Credit Card Repair/Settlement or Consolidated debt.

Since my last article generously published by CrownHeights.info, I have met with dozens of local families and have worked with many to modify their loans and fix their credit.

Every case is unique and different and there is no one set of rules or advice that can be given.

With more than 200 local families currently several months behind in their mortgage payments, spiraling credit card debt, and tuition bills that need to be addressed at the beginning of the year, not to mention, the upcoming month of Tishrei, I felt the need to share just a few thoughts to help all those families that are either too embarrassed to ask for help, or who think they can do it themselves.

There is no specific order to these rules, each is important in its own right.

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Parking Tix Haul Plunges $30 Million

By Reuven Blau for the NY Post

NEW YORK — The city handed out 13,000 fewer parking summonses and saw its ticket revenues nose-dive by $30 million last fiscal year — despite a record number of traffic agents on the street.

Downtrodden motorists too broke to pay their tickets are driving the sudden plummet in revenue, driver advocates theorized.

Downtown’s New Center of Jewish Life Hits a High Point With Torah Dedication

By Anna Scott for Downtown News

Rabbi Moshe Greenwald with the Jewish Community Center-Chabad of Downtown Los Angeles’ new Torah. The handwritten scroll will be completed during a dedication ceremony on Thursday, Sept. 3. Photo by Gary Leonard.

DOWNTOWN LOS ANGELES — The Jewish Community Center-Chabad of Down­town Los Angeles has had its own space for five months, and it served the community’s Jewish population in temporary locations for approximately a year before that. But in September, the proceedings at what its proprietor calls the first new full-time synagogue in Downtown in 60 years will go to a different level.

Boruch Dayan Hoemes – Mrs. Sheva Shaffran OBM

With sadness we inform you of the passing of Mrs. Sheva (Neimark) Shaffran of Montreal, Canada.

She is survived by her husband Pinchus, and children Azriel Boruch (Toronto, Canada), and Yehudis Cattan (Boca Raton, FL).

The Levaya took place today in Laval, Montreal at Mt. Pleasant’s Lubavitch section.

Boruch Dayan Hoemes