Michigan Attorney

Mortgage Defaults Set New Record

As the economy continues to decline, more homeowners fall behind on their payments.

That means, even more foreclosures coming, as reported by Nick Zieminski of Reuters.

Voluntary mortgage modifications from the mortgage companies are not stemming the tide.

Chapter 13 bankruptcy does stop foreclosures, and can help in the right circumstances, in spite of what you may have heard.

Mortgage Defaults Set New Record

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