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We are living in a time when many people have lost their homes to
foreclosure with the possibility of many more homes being foreclosed in
the next year or so. What can you do to recover after loosing your home
to foreclosure?
A few of months ago, our next door neighbor’s house was foreclosed,
not an uncommon occurrence these days. Sub-prime loans, or loans that
were made to people with less than stellar credit ratings, have led to a
large number of home foreclosures. However, it is not only just people
with subprime loans who are defaulting.
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