Recent Posts in Second Mortgage Category
Posted on Jul 20, 2011 By Robert Kovacs
Bankruptcy Can Provide Leverage to Underwater Homeowners The Washington Post recently reported that the Obama administration is not planning another large federally funded program to relieving the ...
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Posted on Jan 24, 2010 By Robert Kovacs
If you file bankruptcy you will keep your home ; unless you want to surrender it to the bank. In order to keep your home you will need to at a minimum be able to make the current monthly payment on ...
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Posted on Jan 15, 2010 By Robert Kovacs
Filing bankruptcy does not prevent you from buying any property, including a new home or cars. However, the better question is; when will a bank give me a mortgage for a new home? Chapter 7 bankruptcy ...
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Posted on Jan 15, 2010 By Robert Kovacs
Filing bankruptcy will automatically stay any foreclosure proceeding. So long as your bankruptcy case is filed prior to the actual foreclosure sale. If your intention is to permanently save your home ...
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Posted on Jan 10, 2010 By Robert Kovacs
The goal for most individuals in bankruptcy is to receive a discharge of their debts. A discharge is a release of your legal obligation to repay your debt. With limited exception the discharge will ...
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Posted on Jan 1, 2010 By Robert Kovacs
Despite a recent stabilization in home prices, CNN Money is reporting that home values will continue to decline in 2010 (http://money.cnn.com/2009/12/31/real_estate/home_price_drop/index.htm) . If the ...
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Posted on Dec 31, 2009 By Robert Kovacs
In an article from the Worcester Telegram and Gazette ( http://www.telegram.com/article/20091230/NEWS/912309982/1002 ) it is reported that foreclosure petitions in Massachusetts remain high. The good ...
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Posted on Dec 15, 2009 By Robert Kovacs
Debtors filing chapter 13 bankruptcies may be able to eliminate their obligation to repay their second mortgage and still retain their home. In order for to eliminate the mortgage and keep your home ...
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