Comments for Central New Jersey Real Estate and Community News http://blog.centralnewjerseyhomes.com Just another Kineticknowledge.com weblog Mon, 12 May 2008 02:27:08 +0000 http://wordpress.org/?v=2.3.3 Comment on What to do About Out of Control Mortgage Payments by Shalu Thaman http://blog.centralnewjerseyhomes.com/2008/04/19/what-to-do-about-out-of-control-mortgage-payments/#comment-23 Shalu Thaman Sat, 26 Apr 2008 15:59:57 +0000 http://blog.centralnewjerseyhomes.com/2008/04/19/what-to-do-about-out-of-control-mortgage-payments/#comment-23 Great post ! A fact for borrowers to keep in mind & to help them negotiate is that banks would rather recover some amount owed to them rather than have the borrower declare bankruptcy & thus have to write off the entire borrowed amount as a credit loss. Great post !

A fact for borrowers to keep in mind & to help them negotiate is that banks would rather recover some amount owed to them rather than have the borrower declare bankruptcy & thus have to write off the entire borrowed amount as a credit loss.

]]>