Quote from @Cody Roberts: Bankruptcies have surged by 17%, if the trend continues, it could mean recession.

If your second home is located in a federally declared disaster area, you may be eligible for temporary mortgage relief options such as:- **Forbearance**: A temporary suspension of mortgage payments for up to 12 months.- **No Late Fees or Penalties**: During the forbearance period, you won't be charged late fees or have delinquencies reported to credit bureaus.- **Repayment Options**: After the forbearance period, you won’t be required to repay all missed payments at once.

If the investor has agreed to put you in first position (lien) on the property, then that should also be visible on the insurance policy declarations page - under "Mortgagee" you should be listed as the 1st Mortgagee.

I've spent the last 18 months working a side gig to deal with that and am proud that I've been able to pay off over $50k in personal debt without any bankruptcy, liens, or lawsuits.

I'm sure they'll just make sure the company has no assets and debt, so when they get a few million dollar fine they'll just have the company declare bankruptcy and dissolve.

Reminds me of the late 70’s early 80’s when the National Association of Realtors declared that within the next 10 years 50% of the homes sold in the U.S. would be some form of attached housing.  

Over-leveraging is exactly how Dave Ramsey went from $4 million to bankruptcy at the age of 28.

Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.

The company went into Bankruptcy and the BK judge ordered that the majority of the lots (about 3,800) including ones already sold and many built on; be organized into one brand new municipality. 

., To report losses from Hurricane Helene on tax returns, affected individuals should first confirm if the area is a federally declared disaster zone, as this allows for casualty loss deductions.