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Bankruptcy

: The Debt Podcast

Can?t Make Your Mortgage Payments? Your Bank Doesn?t Mind?It Will Use Your House for Parties!

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Watch out, if your $18 million home on the beach in Malibu is turned back to the bank–it might become a “Party House”. This is what happened to victims of the Madoff pyramid scheme, who lost their home as a result. According to this article on AZCentral.com: A Wells Fargo & Co. executive who oversees foreclosed properties [...] No related posts.

Full post as published by The Debt Podcast on September 14, 2009 (boomark / email).

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