Tag Archives: Mortgage loan

Dayton Bankruptcy Attorney: Mortgage Loan Modifications

Mortgage Loan Modifications

English: Mortgage debt

Under water! When your mortgage is more than the value of your home, you can feel like you are drowning.  Contact Bankruptcy Lawyer Zachary Bushatz about obtaining a mortgage loan modification.  Mortgage loan modifications allow you to stay in your property while reducing your monthly payments to a livable rate.  This fresh start can also help bring your mortgage up-to-date if you have missed some payments.  To be eligible, you must demonstrate that any outstanding balance owed

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Dayton Bankruptcy Report: Banks Ramp Up Foreclosure Process in Third Quarter

Foreclosure Sign, Mortgage Crisis

After a drop in foreclosures the first part of this year, the number of U.S. homes that received a first-time default notice during the July to September quarter increased 14 percent compared to the second quarter of the year, according to RealtyTrac Inc.  This increase signals that banks are moving more aggressively against borrowers who have fallen behind on their mortgage payments since last fall when foreclosure processing problems emerged.  Foreclosure activity began to slow in the fall of 2010 [Read the full post. . .]