The foreclosure issue & mortgage modification have now intersected with bankruptcy….it looks like this will be more common in the immediate future:
Homeowners struggling with unaffordable mortgages soon may have a place to turn to get the loans modified: bankruptcy court.
It was inevitable, right?
Read this for more…
http://www.bizjournals.com/columbus/stories/2009/01/26/story4.html?b=1232946000^1766455
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One Comment
I read the other day where it will be unusual if your credit report does not show a foreclosure in the future, these are troubled times we are living in at the moment
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