Colorado Hardest Hit by 2006 Foreclosures – But Georgia, Nevada, Texas and Michigan Not Far Behind

In Colorado, there was reportedly one mortgage foreclosure for every thirty-three households in 2006, and the problem was especially severe in the Denver – Aurora area, where more than 37,000 foreclosures were reported last year.

Colorado isnt the only state hard-hit by the recent wave of foreclosures, though.   The greater Atlanta, Georgia area saw nearly 64,000 foreclosures in 2006, and was second only to the Detroit area in number of foreclosures per household.

Nevada, Texas, Indiana, Florida, Ohio, Utah and Tennessee also made the top ten in terms of foreclosures per household.

Read more detail on Legal News Directory – Bankruptcy Law

This entry was posted in Bankruptcy Law and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply