Bankruptcy: A good thing for unsecured mortgage lenders? - Savannah ...

11/27/13

Bankruptcy: A good thing for unsecured mortgage lenders?
Savannah Morning News
Often, a borrower files a bankruptcy proceeding to stop a foreclosure since the filing results in an automatic stay that prevents creditors from pursuing the borrower or his assets to collect debt. Whether the borrower files a Chapter 7, a Chapter 13 ...