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Old 08-30-2007, 08:20 AM
877YouKeep 877YouKeep is offline
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Join Date: Jul 2007
Posts: 673
Default Bankruptcy Consequences to a Lender

When a homeowner files bankruptcy it puts a mortgage company in a position where they not only can contact a homeowner but can not negotiate the loan

A written agreement must be signed by a homeowner or attorney in order for the lender to communicate with a homeowner.

There are many solutions available to a homeowner but a lender is not able to offer any assistance for a homeowner

Bankruptcy puts a lender in a compromised position that will result in foreclosure.

This Bankruptcy also includes any third party companies that help stop foreclosure
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