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Zombie Titles - More Horrifying Than Home Foreclosure

submitted by radx

1 decade 1 year 10 months ago

"Zombie titles" are so much crueler for a home owner than a normal foreclosure. Just when you think the house is completely out of your hands-- it isn't, and you're stuck with piled-on debt and responsibilities without any rights. How does this even work, and why do the banks do this? How is this legal and ethical? -- TYT