Power Over Your Secured Creditors in Chapter 7
Your secured creditors are often the ones you most care about, because the creditor can take your collateral. Chapter 7 strengthens your hand, improving your options.
foreclosure
State Sued for Diverting $50 Million from its Foreclosure Settlement Fund
The state with the highest foreclosure rate, Arizona, is being sued for violating the settlement’s federal consent judgment by not using the funds for helping homeowners.
Some States Are Not Using Their Foreclosure Settlement Funds to Help Homeowners
States recently received $2.5 billion from the major banks for foreclosure prevention and related help for homeowners. But much of that is not being used for those purposes.
AARP Report Says More Older Americans Now Still Have Morgage Debt, Larger Mortgages, and So–Surprise–More Foreclosures
Not only is the foreclosure rate climbing for older mortgage holders, it is climbing faster than it is for younger ones.