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Bankruptcy

: The Debt Podcast

Why Home Loans are not Reaffirmed

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Frequently debtors are solicitated with reaffirmation agreements on home loans.  This is probably largely due to a misunderstanding or misconception by the real estate industry of in applying the new bankruptcy laws incorrectly to real estate loans.  With the advent of the new Bankruptcy Laws of 2005, it was assumed that “Ride Thru” was eliminated. [...]

Full post as published by The Debt Podcast on November 07, 2008 (boomark / email).

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