Half Sized Blog Element (Single Author Style)
Half Sized Blog Element (Multi Author Style)
Tinkering With Chapter 13 While Rates Reset
It’s being reported that the Congress is still hotly contesting the suggested new Bankruptcy Law that would allow borrowers to modify interest rates and terms on residential mortgages. Chapter 13 bankruptcy presently allows homeowners to reinstate their loans with monthly plan payments made to a trustee, effectively curing a loan default over a 3 to […]
White House Mortgage Relief Falls Short
/in Foreclosure & Loan Mod Blog /by Scott LaninMSNBC.com is reporting that the White House mortgage relief plan will fall short of being helpful. No surprise there. The administration’s approach is being debated and is unlikely to help solve the immediate mortgage foreclosure crisis. Here’s the story . . .
Tinkering With Chapter 13 While Rates Reset
/in Foreclosure & Loan Mod Blog /by Scott LaninIt’s being reported that the Congress is still hotly contesting the suggested new Bankruptcy Law that would allow borrowers to modify interest rates and terms on residential mortgages. Chapter 13 bankruptcy presently allows homeowners to reinstate their loans with monthly plan payments made to a trustee, effectively curing a loan default over a 3 to […]