Can Bankruptcy Prevent a Foreclosure?

The answer, surprisingly enough, is yes and no. In order to explain this further we need to talk about the different types of personal bankruptcy a homeowner can file, how they work and how it could affect your position as an investor.

RE/MAX Greater Atlanta Goes Belly Up

In news from Atlanta, a metro area RE/MAX agency there has filed for Chapter 11 bankruptcy protection. Greater Atlanta Brokerage Solutions LLC filed on Monday in the U.S. Bankruptcy Court in Atlanta, apparently left owing millions in unpaid debts according to associated news from Atlanta. This RE/MAX franchise, while a large entity, is independent of several there in the Atlanta area.

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