Bankruptcy

Core Logic, a real estate analytics firm, has suggested in an interview that many well to do are personally dumping their financial properties and looking at these properties as a “sour investment”.

According to Sam Kegert, Core Logic’s senior economist, “the rich are more different, they are more ruthless”. Strategic default has become a matter that still leaves you vulnerable to being sued by the lender or being frozen out of future loans as a result of default. For more information about strategic defaults and bankruptcy, contact The Law Offices of Nancy L. Cavey.