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Bankruptcy

: The Debt Podcast

Resolving a Motion for Relief - A Costly Exercise

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Many Chapter 13 cases arise from mortgage payment problems.  A significant number of Chapter 13 debtors enter into bankruptcy with a mortgage arrearage and they use the arrearage cure mechanism of Chapter 13 to stop the foreclosure process and to pay back the missed mortgage payments over time. Unfortunately many of the budget and cash flow [...]

Full post as published by The Debt Podcast on May 30, 2009 (boomark / email).

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