The 59-year-old who sells recycled metal for a living figured it was another letter from the bank warning his family that they were behind on their mortgage payments. But the news from the attorney shocked him.
The foreclosure rate in Las Vegas still remains higher than most other major metropolitan areas, although it has dropped from where it was a year ago. One in every 1,000 homes in the Las Vegas area received a foreclosure-related filing in May, down 21.8% from May 2016. Foreclosure News
As local, state, and national organizations plunge into another year's worth of conferences, there is some good news for those that imbibe in adult beverages. According to Non-depository lenders are still searching for lines of credit to finance their mortgage servicing rights . Foreclosure News
Amsterdam officials are encouraging property owners in danger of tax foreclosure to seek assistance to prevent their parcel from being placed on the auction block next year. Kamille Brody, building coordinator for Amsterdam, said more than 250 letters were mailed to property owners in danger of foreclosure due to unpaid taxes. Foreclosure News
Credit counselor Linda Humburg understands why many of her debt-burdened clients don't want to open their mail. What bothers her, though, is the sheer volume of untouched bills and collection notices that some bring to their first counseling appointments. Foreclosure News
A SMOOTH bankruptcy process is akin to reincarnation: a company at death's door gets to shuffle off its old debts, often gain new owners, and start a new life. Might the idea catch on in India? A first wave of cadaverous firms are seeking rebirth under a bankruptcy code adopted in December 2016. Foreclosure News
TRENTON — Democratic candidate for governor Jim Johnson has put forward a comprehensive plan to lower property taxes in New Jersey that hinges on something Gov. Chris Christie has fought tooth and nail: Affordable housing. Johnson, a former undersecretary of the U.S. Treasury under President Bill Clinton, said New Jersey is trapped in a vicious…
