Archive for October 18th, 2008

Bankruptcy and Foreclosure Law Talk

Saturday, October 18th, 2008

Let’s say an absentee landlord owns the house next to yours. Neither of you keep up your mortgage payments. If you both declare bankruptcy, chances are better that he would keep his place than you yours. However beloved your home or settled your family is in the neighborhood, you can’t force your mortgage holder to [...]

Foreclosing on foreclosures

Saturday, October 18th, 2008

  Iowans who have loans with Countrywide Financial Corp., the nation’s biggest subprime mortgage lender, will be the beneficiaries of a loan modification program starting on Dec. 1.  About 1,100 borrowers in the state facing foreclosure and loss of their homes are expected to get relief under a settlement reached by Attorney General Tom Miller [...]