From MercuryNews – Pete Carey:
Stung by the crash of the housing market, some struggling homeowners are using a little known but increasingly popular provision of the bankruptcy code to eliminate second mortgages and avoid foreclosure.
Statistics are hard to come by, but bankruptcy lawyers say the provision has been used effectively on hundreds, if not thousands, of cases in the Bay Area during the past two years.
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About David Mayes
David Mayes has recently received his GREEN certification from the National Association of Realtors. If you enjoy personal attention and great customer service - you need look no further, he cares for his clients and will always go the extra mile to make a deal happen or make a client happy. Whether you are a BUYER or a SELLER all of your needs and wants will be met. With a Master's Degree in Business Administration, Short Sale certified, David brings a rare combination of investment savvy and seasoned experience to every transaction. He writes regularly on OCRealEstateWatch.com and can be reached at
david@ocrealestatehq.com or by phone at 949-632-8115.
