In case you missed the television show “60 Minutes’” presentation on the current foreclosure crisis, click on the link below to view from the CBS website.
This is a good presentation of just some of the fraudulent activities currently surrounding mortgage loan modifications and foreclosures.
Bankruptcy can in many cases allow a fresh start to homeowners to help get rid of or restructure their debts. In Chapter 13 and Chapter 11 cases it is possible to eliminate junior mortgages and/or to catch up on past due mortgage payments.
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