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Foreclosures and Bankruptcy

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

  1. 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

    Compare Rate Quotes´s last blog post..Is There A Home Mortgage After Bankruptcy

    Wednesday, February 11, 2009 at 11:19 am | Permalink

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