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Hope Law Group Column

Foreclosure, HAMP & Chapter 13 Bankruptcy |
| News - Industry News |
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Before the Home Affordable Modification Program (HAMP) came into existence if a client’s house was in foreclosure you had two basic options: Either file a Chapter 7 bankruptcy and give the house back to the creditor, or file a Chapter 13 and pay the arrearages though a Chapter 13 Plan. Very rarely would a creditor [...]
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