Tag Archives: mortgage payments
-
When you are in financial distress, staying on top of your mortgage can be difficult. Are you considering bankruptcy as an option? Before filing bankruptcy, you should take a moment to understand how it may affect your mortgage. We explain to our clients seeking bankruptcy that they have two options: Chapter 13 or Chapter 7…. Read More »
-
This question is presented often by clients who are facing a foreclosure and are not sure how the foreclosure might impact them in the future. That is one of many reasons why speaking with an experienced attorney before making any decision regarding a foreclosure is strongly recommended. The Mortgage Debt Relief Act of 2007 generally… Read More »
-
Who is to blame for the foreclosure crisis? The question comes down to did homeowners overreach and go beyond what they could afford or did banks prey on naive consumers? In reality, no one party is to blame, but rather a combination of lenders, homebuyers and regulators. Nonetheless, lenders have pointed fingers at home buyers,… Read More »