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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KM who wrote (45389)12/4/2005 12:11:35 PM
From: bentwayRead Replies (2) of 306849
 
"I checked later and it ended up in foreclosure. It was auctioned off and sold for about 70% of the amount owed. The owners ended up in bankruptcy court."

With the new bankruptcy laws, will a class of lawyer emerge that pursues the loss of value for the lenders for a percentage?
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