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Bankruptcy

: Bankruptcy Law Network

Force Placed Insurance Only Protects The Lender

By Susanne Robicsek, North Carolina Bankruptcy Attorn

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I often find that when asked about their insurance, my bankruptcy clients tell me that they are “covered by insurance from the mortgage company.”  Bankruptcy or not, be very clear about this:  if your insurance lapsed and you were notified by your mortgage company that they have obtained insurance for you, this insurance covers their [...]

Full post as published by Bankruptcy Law Network on June 19, 2009 (boomark / email).

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