Response to Recent LA Times Blog
[caption id="attachment_51" align="alignleft" width="385" caption="Bankruptcy filings still on the rise"][/caption] A recent LA Times blog (August 10, 2009) by Tom Petruno* highlights the highly controversial and divisive issue being debated in today’s bankruptcy circles. The problem surrounds homeowners with upside-down mortgages (i.e. those whose homes are worth less than they are mortgaged). The current mortgage...