60 minutes foreclosure crisis clip
60 Minutes–Foreclosure Crisis Getting Worse
April 4, 2011 by · Leave a Comment
SB 61: Eliminate Mortgage Liens in Chapter 13
January 30, 2009 by · Leave a Comment
On January 6, 2009, Senator Dick Durbin (D, IL) introduced Senate Bill 61 called the “Helping Families Save Their Homes in Bankruptcy Act of 2009.” The bill has several provisions, which can be analyzed by following the above link, but the main purpose of the bill is to allow homeowners in a Chapter 13 bankruptcy [...]
Short Sales or Foreclosures: Which is Better?
September 18, 2008 by · 3 Comments
There is an epidemic of people defaulting on their mortgage payments, as everyone knows. Real estate brokers are pushing hard to have people do “short sales” on their properties, instead of allowing them to go to foreclosure. In most circumstances, this is a very bad idea. What is a short sale? A short sale occurs [...]
