From KETC, LIVING ST. LOUIS Producer Patrick Murphy visits Granite City, Illinois, a community hard hit by the mortgage crisis—with as many as 120 foreclosure cases each month. Illinois has a judicial foreclosure system that gives you more time before losing your home. The foreclosure begins with a lawsuit and has to be approved by a judge which can take as long as a year. If you're facing a mortgage crisis, the most important thing to do is to ask your lender questions and seek help.
Link to this comment:
All Comments (0)