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Archive for the 'Home Buying After Bankruptcy' Category

Foreclosures have reached an all time high. According to the Mortgage Brokerage Association there were 200,000 foreclosures nationwide for all of 1986. It’s estimated that the total number of foreclosures across the United States for 2007 will be 800,000! This is a growing market with phenomenal opportunity. Keep in mind, though that not all […]

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Bad credit mortgages are specifically for the people who have bad credit history or who have the following issues: The people who have the false court judgments. A bad credit mortgage isn’t hard to get, but unless you shop around or take some professional advice, you may not get the best deal. A […]

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Bankruptcy may be beneficial for both the debtor and creditor. This is a way of recognizing one’s responsibilities and mistakes that led to the financial difficulty. The entire process takes into consideration both parties’ interests and leads to the development of an action plan that fulfils them. As such, this law shouldn’t be abused by […]

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Bankruptcy Choices
The alternatives to Filing for Bankruptcy
You could write to your creditors and seek an informal arrangement that allows you to pay back your debts over a specific time that they agree on. The only disadvantage to doing this is that it won’t be legally binding and your creditor might choose to ignore it […]

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Once you’ve filed for bankruptcy, it may appear that buying a home again is something that can never happen. While this is not necessarily true, there are things you should consider.
Bankruptcy And Buying A House - Is It Smart To Buy A House After Bankruptcy?
Each year, millions of people file bankruptcy as a means of […]

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