February 7, 2012

Let’s Not Over-use “Strategic Default”

We've had a few new potential clients who've contacted us recently, wanting to talk about "strategic default."Strategic default is the term used to describe a property owner's decision to stop making mortgage payments and otherwise default on his or her obligations to the lender, despite having the ability to afford it.In our law practice, it is rare to meet and work with clients who have … [Read more...]