Quicken Family Lawyer 2001 Deluxe According to a recent study, the number of borrowers who are actually able to bring current their [tag]mortgage payments[/tag] through bankruptcy is declining, and more filers are ultimately turning their homes over to the lenders. The finding means investors in high-yielding [tag]mortgage-backed securities[/tag] should expect higher losses on the underlying collateral. At least part of the blame, says the report, lies with the bankruptcy law passed in October 2005. The law raised the bar for people to qualify for Chapter 7 “fresh start” [tag]bankruptcy[/tag] proceedings. [tag]Chapter 7[/tag] can enable individual filers to wipe away debts such as credit-card and medical bills so they can continue to make their mortgage payments. With access limited, more subprime borrowers are forced into Chapter 13, where some can’t maintain their payment schedules for more than a couple of months.

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