Thread: what happens...
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Old 06-17-2008, 12:11 PM
rolf rolf is offline
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Join Date: Jun 2008
Posts: 3
Default what happens...

if you have claims against your mortgage bond (i don't just curious) and either you cannot pay them, or are out of business?

i would think this would be fairly common these days, shops are closing left and right... audits are still going to be done i would think??? if you don't have much $... what would happen? would the indiviidual set up a payment plan? or file BK? wouldn't that still involve the spouse?

i would think that this could have a larger affect on the number of brokers than rates rising or anything else. no?
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