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Loan Modification

: Loan Modification & Home Loan News

Only a fraction of those in need file for bankruptcy

By Moe Bedard

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Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor Robert Lawless, but few experts believe that debtors are now gaming the system. Instead, concern exists about a growing number of [...]

Full post as published by Loan Modification & Home Loan News on June 09, 2010 (boomark / email).

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