Yes it can. A cram down is the process where the principal balance on a loan is reduced to the value of the collateral that
Month: February 2011
Just because the debt was written off does not mean they will release the mortgage. Michigan law (MCLA 600.3175(1)) provides: (1) When a recorded mortgage
Most debt consolidation programs in Michigan are a rip off.
The Saginaw News reported today that mortgage foreclosures in Saginaw County rose to 1000 in 2010. Foreclosures for 2009 were 740 and 1130 for 2008.