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Strangled by mortgage red tapeTheNewsTribune.comHe hired a lawyer, who helped him file for Chapter 13 bankruptcy to save the house while he kept negotiating. Chapter 13 is called a “wage earner's plan.” It helps people in mortgage trouble, because it lets a debtor keep his property while working out ...and more » |
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WaMu exits bankruptcy, on heels of LehmanReutersUS Bankruptcy Judge Mary Walrath in Delaware officially approved the seventh plan on Feb. 23, court records show. The reorganized company is known as WMI Holdings Corp. It includes a small mortgage reinsurance business, WMI Mortgage Reinsurance Co, ...and more » |
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