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July 20, 2008

Real Estate Foreclosure

Real estate foreclosure rates have skyrocketed to unprecedented numbers and created a devastating economic fall-out. Real estate foreclosure isn't limited to homeowners. It also affects real estate investors, business and cooperative programs, farmers, business owners, banks and lending institutions.

Real estate foreclosure can be devastating to anyone facing the loss of their property. However, there are solutions available to individuals who have become delinquent on their mortgage payments. While these solutions may or may not allow the Borrower to retain their property, they can ease the financial burden and lessen the pain of the foreclosure process.

Real Estate Investing article on "Real Estate Foreclosure "

March 01, 2008

Chapter 13 Bankruptcy may not be the right option.

Chapter 13 Bankruptcy is the most common type of bankruptcy filed in the United States. Also known as Wage Earner's Plan, Chapter 13 allows individuals to retain their possessions and repay their debts over a period of three to five years.

Individuals facing foreclosure oftentimes file Chapter 13 Bankruptcy in an effort to save their home. Filing Chapter 13 can stop foreclosure proceedings; however, the individual must continue making mortgage payments in a timely fashion.

Real Estate Investing article on "Chapter 13 Bankruptcy may not be the right option."