Imagine coming home after a long day at work, only to find your house padlocked and all of your belongings thrown to the curb.
The scenario may sound unrealistic for most of us, but for a number of homeowners who are behind on their mortgage payments, it’s an everyday reality.
12.18.2019 | by Chris Frye
Before changes were made to the bankruptcy laws on October 17, 2005, there were rumors abound that it would become very difficult for the average person to file bankruptcy.
Did that happen?
Were some laws introduced that were unfriendly to the consumer?
I just finished meeting with a charming, vibrant client. She lives alone, works at a hospital, and is several months behind in her mortgage payments. Unfortunately, she has no way to catch up on these payments. Despite this, the mortgage company has not yet begun foreclosure proceedings.