FYI

Use Bankruptcy to “Cramdown” a Mortgage on Investment Property

October 11th, 2017
Posted By
Tom Minotti
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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Categories: Bankruptcy, Mortgages & Foreclosure

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