Saturday, October 11, 2014

i own 2-family home in detroit. detroit files ch.9-my property takes a hit due to negative press. home value underwater. what's in this for ...

Question

i own 2-family home in detroit. detroit files ch.9-my property takes a hit due to negative press. home value underwater. what's in this for homeowners? any relief, or maybe join bankruptcy ?



Answer

No, you are not part of the city and cannot join a municipal bankruptcy. Your own finances might dictate that, but its on an individual basis.



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