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With the recent downturn in the housing market and the economy as a whole, many people have found themselves unable to pay their mortgages. Others have found themselves saddled with mortgages that are now worth more than their homes in the current market. If you find...
I’m often asked what happens to your home after the foreclosure is stopped? There are usually two options: Option One: A Chapter 7 Bankruptcy Buys You Some Time. It’s a Temporary Relief but Sometimes – All You Need. A Chapter 7 “straight bankruptcy,” is...