Dallas (214) 506-2500 | Houston (713) 955-5533 | San Antonio (210) 702-2150

A note to the loyal readers of this blog (all three of you): the following post is rated PG-13.

We all have not-so-fond memories of the mortgage crisis.  Home values collapsed, the investors who bought these mortgage-backed securities blamed one another, and Uncle Sam wrote a big check to fix everything.  The crisis, like most other crises, was not entirely a surprise.  Even before the bottom fell out, one Bear Sterns executive described securitization as a ”sack of shit” and a “shit-breather”, even going so far as to define the latter term.

While Bear Stearns may now be breathing normally, many American homeowners can still detect the stench.   Many mortgages are still underwater.  If you are in this position, you may have a very difficult time making your obligations when hardship comes.

Don’t be like Bear Sterns.  Don’t sniff around, blame someone else for your problems, and wait for Uncle Sam’s check to come in the mail.  Chapter 13 bankruptcy can stop repossession or foreclosure, help you manage your debt, and give you a fresh start.  To leave the malodorous path, call or email Henley and Henley for your free consultation.