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| could have incredible implications for the real estate market,'' said Robert Aalberts, a business-law professor at the University of Nevada-Las Vegas. ``You will see people in involuntary servitude for years, trying to pay off their real estate debts.'' The Californians most chase complaint manhattan mortgage at risk are homeowners who have refinanced to patch up faltering finances or, worse, to forestall a foreclosure. Also at risk are hordes of recent home buyers who stretched chase complaint manhattan mortgage buy homes using interest-only loans, ``option ARMs'' and other exotic mortgages that they would like to refinance before low initial chase complaint manhattan mortgage payments vault higher. Even the affluent are vulnerable if they lack enough insurance to cover their losses if their homes were severely damaged by an earthquake, mudslide or other natural disaster -- and they try to hand the keys back to the lender. As things now stand, lenders rarely seek chase complaint manhattan mortgage foreclosures in cases involving residential real estate. The obvious practical reason is that lenders typically foreclose as a last resort, and homeowners are broke and have |
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