By Beth Hayes, Staff Attorney, Montana Legal ServicesForeclosure is when a mortgage lender sells a borrower’s property to satisfy an unpaid debt on a mortgage. Foreclosure happens when a homeowner defaults on the mortgage. Default is another way of saying you are behind on your payments. About 15 days after you default, the lender will …
MLSA’s File Your Own Bankruptcy Program: A New Approach to Helping Debtors Find a Fresh Start
By: Jessie Lundberg, Equal Justice Works AmeriCorps Legal Fellow, Montana Legal Services Association – Consumer Law Unit Bankruptcy is a powerful word. It carries many connotations, most often negative. For many, it symbolizes failure. Crisis. Even personal and moral shortcomings. After all, what kind of a deadbeat runs up a bunch of bills they can’t pay?Everyday Montanans like:Bill, a Viet …