Exchange Currency

home debtor

Borrower with a large mortgage, yet little or no equity in the property. This individual is likely to never be able to pay off the loan because of the high costs related to owning a home. In addition to the mortgage payments, these costs can include property taxes, insurance, and home repairs.

Related information about home debtor:
  1. Home Debtor Definition | Investopedia
    The term "home debtor" is often used to describe those who will likely never be able to pay off their mortgage because of the costs associated with home ...
     
  2. What is home debtor? definition and meaning
    Definition of home debtor: Borrower with a large mortgage, yet little or no equity in the property. This individual is likely to never be able to pay off the loan ...
     
  3. What Is a Home Debtor?
    A home debtor has a large outstanding mortgage and limited equity. The debtor may have difficulty repaying the loan because of its size and the associated ...
     
  4. Sweet Home, AR Debtor and Creditor Attorneys, Law Firms | Sweet ...
    Find debtor and creditor law firms and lawyers in Sweet Home AR with full overview, contact, services, website, publications, social networks, videos and more.
     
  5. Homeowner Tax Breaks: Here Today, Gone Tomorrow?
    Mar 25, 2011 ... While most Americans continue to view home ownership as part of the “American Dream,” more and more are challenging the wisdom of ...
     
  6. O P I N I O N - Central District of Illinois
    Jul 18, 2012 ... a lien on the mobile home, Debtor did sign an Application for Corrected Vehicle Title which listed the Defendants as lienholders. The stated ...
     
  7. Debtor Education Internet Course | Springboard's BKHelp.org
    Home / Debtor Education Internet Course. As part of your bankruptcy requirements, you are required to complete a 2-hour approved debtor education course.
     
  8. Seattle Bubble • Poll: Major home upgrades: I would rather…
    Aug 19, 2012 ... Poll: Is it ethical for a home debtor to “walk away” from a mortgage? Poll: Favorite Government Bailout (so far)? Poll: Guess the maximum ...