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Mark J. Markus has practiced exclusively bankruptcy law in Los Angeles, California since 1991.

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foreclosures and short sales

Short Sales or Foreclosures: Which is Better?

There is an epidemic of people defaulting on their mortgage payments, as everyone knows. Real estate brokers are pushing hard to have people do “short sales” on their properties, instead of allowing them to go to foreclosure. In most circumstances, this is a very bad idea.
What is a short sale? A short [...]