Daily Archives: January 19, 2012

Bankruptcy Still Offers Mortgage Debt Relief

I talk to so many people trying to keep their homes, or, even rental properties, who

are unaware that bankruptcy law still offers some remedies for Michigan foreclosure issues.

image credit: dreamstime

Say you bought a house with a friend or relative when you were younger, then moved

into a bigger residence when you got married, whatever, and kept the old one to rent

out for some side income.

Great idea, right?  Home values only go up, so if you break even on the rent, you make

money on the investment.Continue Reading