Let alone trying to find a measure for deciding which house should get write downs without punishing responsible borrower and / or not actually helping troubled borrower. (allfinancialmatters.com)
Another advantage for the lender: No matter how tough things get for troubled borrowers, federal law prevents them from escaping their bills through bankruptcy for at least another seven years. (dealbook.nytimes.com)
Since the exclusion has already expired, he said, the future of troubled borrowers in serious doubt. (mortgagenewsdaily.com)