Foreclosure Resolution Blog

If you weren’t already aware of the power of the U.S. Government as an investor, CITI has agreed to support bankruptcy cramdowns to help homeowners avoid foreclosure.

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Chapter 13 bankruptcy is often sold to homeowners as a “wonder drug” method to prevent foreclosure when they’re behind on payments. In our pop-a-pill culture, it seems that our first reaction is often to reach for anything that promises immediate relief.

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