FYI

How Can a Chapter 13 Bankruptcy Save My Home

     If you have fallen behind on your mortgage payments, a Chapter 13 can save your home by enabling you to repay the missed mortgage payments over a 3 or 5 year period.  Most people don’t have the ability to cure the mortgage default by makin… Read More
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Categories: Other FYI

Use Bankruptcy to “Cramdown” a Mortgage on Investment Property

Since the great recession, property values have plummeted leaving many properties underwater, whereby the mortgage or mortgages on the property are greater than the value of the property. Under 11 U.S.C. 506(a) and 11 U.S.C. 1322, you can cramdown th… Read More
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