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Posts Tagged ‘Foreclosure’

Preventing Foreclosure: Bankruptcy Filings On The Rise

According to studies that have been recently conducted, bankruptcy filings have been on the rise for elderly Americans. For Americans aged 55-64, bankruptcy filings have increased by 151%, and 178% for those aged 65-74. Also, for those aged over 65, bankruptcy filings have increased by an immense 567%. This rise can be explained by the [Continue]

How Foreclosure Affects Your Credit

With rising home expenses, it is becoming difficult for home owners to pay their monthly mortgage payments. Due to this, many homes are going into foreclosure stage. The number that are hitting the foreclosure stage are increasing consistently due to this issue. In a study released by RealtyTrac, it indicates that the number of homes [Continue]