Before giving a loan, they divide total value of debts by the appraised value of a home. (mortgagebrokerstore.com)
Your creditor may be willing to accept less than the face value of your debt in order to avoid the cost and hassle of a full trial. (natlbankruptcy.com)
This metric is calculated by dividing total value of debts on a home by its appraised price. (mortgagebrokerstore.com)