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Loan Modification

: Loan Modification & Home Loan News

Homeowner claims bankruptcy 11 times and stays in home 7 years payment free

By Moe Bedard

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The DeMauros are still in foreclosure. But by declaring bankruptcy 11 times, they have managed to hang on to their house and to continue living there ? seven years after they made their last regular mortgage payment. Though an extreme example, the couple’s story is an increasingly common one among distressed Tampa Bay homeowners. Hundreds, perhaps thousands, [...]

Full post as published by Loan Modification & Home Loan News on March 08, 2010 (boomark / email).

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