Thursday, 14 April 2011

What Bankruptcy Can Do For A Homeowner

Bankruptcy laws are intended to give debtors a fresh start. Prior to the great recession a typical bankruptcy filer was a person or couple with serious debt arising from medical expenses. The number of bankruptcy filers has increased drastically in the last few years, because of the poor economy. A lot of these debtors got into trouble buying speculative investment property. There are many debtors that bought one or more houses they were holding on speculation. A few debtors bought

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