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Credit Slips

Discusses credit and bankruptcy. By Professors Bob Lawless, Angela Littwin, Katie Porter, John Pottow, Deborah Thorne and Elizabeth Warren.

http://www.creditslips.org/creditslips/

May 23
Equitable Mootness and Forum Shopping

Equitable Mootness and Forum Shopping

A few weeks ago, the Supreme Court denied cert in a case called Law Debenture Trust Co. v. Charter Communications, Inc. (No. 12-847). The issue was whether the Second Circuit had correctly applied the doctrine of equitable mootness to an...
May 23
Ice Cube Bonds: New Paper on 363 Sales and Chapter 11

Ice Cube Bonds: New Paper on 363 Sales and Chapter 11

FAC UT ARDEAT, begins The Flamethrowers by Rachel Kushner. It means "made to burn," the narrator learns (from that "gasbag . . . Chesil Jones"). Whether your preferred hurry-up 363 sale metaphor involves flames, ice, or a…
May 21
Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustee

Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustee

Some chapter 7 trustees have found a problem that could affect thousands of IRAs, leading to the first post in a two-post series on unintended consequences. A better reading of the law is that these IRAs should remain exempt from...

Rank this Week: 68

Bankruptcy Law Network - Real…

Bankruptcy Law Network - Real Lawyers, Real Solutions

Covers bankruptcy, chapter 7, chapter 13, credit reports, foreclosures, and asset protection.

http://www.bankruptcylawnetwork.com

May 23
What is a Prepackaged Chapter 11 Bankruptcy?

What is a Prepackaged Chapter 11 Bankruptcy?

In this article I will explain a few basic details about conventional and prepackaged Chapter 11 bankruptcy cases. Conventional bankruptcy: This is usually when a business files bankruptcy in a response to a crisis. However, when a business…
May 22
Student Loans May Now Be Discharged More Easily In Bankruptcy in the 9th Circuit

Student Loans May Now Be Discharged More Easily In Bankruptcy in the 9th Circuit

On May 22, 2013, the 9th Circuit Court of Appeals released its opinion in Hedlund v. The Educational Resources Institute, Inc., and Pennsylvania Higher Education Assistance Agency, Case 12-35258 (D.C. 6:11-cv-6281AA). That opinion (and…
May 21
Bankruptcy Helps Lower Your Credit Card Minimum Payment

Bankruptcy Helps Lower Your Credit Card Minimum Payment

I know — a silly headline. Bankruptcy is admittedly an extreme way to lower your monthly credit card payments. But that depends on whether you are asking yourself the right question. If you are on the Net searching for ways…

Rank this Week: 99

Georgia Bankruptcy Law Blog

Resource for Georgia Bankruptcy cases and updates. By Scott B. Riddle.

http://www.georgiabankruptcyblog.com/

May 23
Student Loan Discharge: Opinion Of Judge Walker of Middle District Of Georgia Illustrative Of "Certainty Of Hopelessness" Required For Discharge

Student Loan Discharge: Opinion Of Judge Walker of Middle District Of Georgia Illustrative Of "Certainty Of Hopelessness" Required For Discharge

The opinion of Judge Walker in the case of In re Williams (Williams v. American Education Service, et al,), 2013 Bankr. LEXIS 2050, Adv. Proc. No. 12-5059 (Bankr. M.D. Ga. May 13, 2013) is a good example of the standard that must be…
May 14
U.S. Supreme Court Rules On Meaning Of "Defalcation" In Section 523(a)(4) in Bullock v. BankChampaign.

U.S. Supreme Court Rules On Meaning Of "Defalcation" In Section 523(a)(4) in Bullock v. BankChampaign.

In a case appealed from the Eleventh Circuit Court of Appeals, the United States Supreme Court ruled on a case involving the definition of "defalcation" in 11 U.S.C. § 523(a)(4). The case, decided yesterday, May 13, 2013, is Randy…
Apr 12
Judge Diehl In ND Georgia Allows Lien Stripping In Chapter 7, Follows McNeal

Judge Diehl In ND Georgia Allows Lien Stripping In Chapter 7, Follows McNeal

In In re Malone, Ch. 7 Case No. 12-61289, 2013 Bankr. LEXIS 1282 (Bankr. N.D. Ga. March 28, 2013) (click here for .pdf), the Debtor filed a Motion to Determine Status of Wholly Unsecured Second Mortgage on Real Property when…

Rank this Week: 210

BankruptcyProf Blog

By Professor M. Jonathan Hayes.

http://lawprofessors.typepad.com/bankruptcyprof_blog/

Jan 14
About BankruptcyProf Blog

About BankruptcyProf Blog

If you are interested in serving as an editor of BankruptcyProf Blog for the Law Professor Blogs Network, please contact Paul Caron and Joe Hodnicki by email.
Jan 14
About BankruptcyProf Blog

About BankruptcyProf Blog

If you are interested in serving as an editor of BankruptcyProf Blog for the Law Professor Blogs Network, please contact Paul Caron and Joe Hodnicki by email.
Jan 3
NACBA Members of the Month

NACBA Members of the Month

I just went to pay my NACBA dues online and discovered that our own Peter Lively is the NACBA member of the month this month and our own Erik Clark was so designated three months ago. So we can say...

Rank this Week: 242

The Florida Asset Protection Blog

Covers bankruptcy planning, creditor rights, fraudulent conveyances, homestead protections and offshore planning. By Jonathan Alper.

http://floridaassetprotection.blogs.com/alperlaw/

May 21
Charging Lien Against Professional LLC Interest

Charging Lien Against Professional LLC Interest

A creditor may apply for a charging lien against the debtor’s membership interest in an LLC. If the LLC operates a professional business such as a medical practice or law firm, can a creditor who is not licenses in the …The post…
May 16
Can U.S. Government Be Sued For Receipt of Fraudulent Transfer?

Can U.S. Government Be Sued For Receipt of Fraudulent Transfer?

Here’s is an interesting case where a bankruptcy trustee sued the U.S. government for their receipt of a fraudulent transfer. Within two years of filing bankruptcy a company, taxable as an S-Corp, paid the IRS money to satisfy their…
May 10
Can Debtor Get Money From His LLC Subject to Charging Lien?

Can Debtor Get Money From His LLC Subject to Charging Lien?

A debtor forms a two member LLC to operate a family business. A creditor obtains a judgment against the business owner and proceeds to get a charging lien against distributions allocated to the debtor’s share of his LLC. Is there…

Rank this Week: 306

Covers governance in higher education and in law firms, bankruptcy ethics, popular culture and the law, Enron and other corporate fiascos, and professional responsibility generally. By Nancy Rapoport, a law professor at UNLV's Boyd School of Law.

http://nancyrapoport.blogspot.com/

May 15
Update on my Gonzaga piece on law schools, lying, and Enron.

Update on my Gonzaga piece on law schools, lying, and Enron.

After I published this piece, Robert K. Vischer, the dean of the University of St. Thomas Law School (Minnesota), gently suggested that I might want to clarify St. Thomas's restatement of its employment data: [Y]ou refer to St. Thomas…
May 13
It's official--the new bankruptcy fee guidelines are rolling out on July 1.

It's official--the new bankruptcy fee guidelines are rolling out on July 1.

Today's Wall Street Journal has a big article about the U.S. Trustee Program's new fee guidelines for lawyers in larger bankruptcy cases (here). The rollout of the guidelines isn't a surprise. The USTP published the proposed…
May 7
When I've had a tough day (and no, today wasn't tough), I read this blog.

When I've had a tough day (and no, today wasn't tough), I read this blog.

Here. I also read my friends' blogs, too....

Rank this Week: 316

Bankruptcy News & Analysis

Covers Chapter 11 bankruptcy cases.

http://blog.ch11cases.com/

Jun 28
Our Blog Has Moved

Our Blog Has Moved

We have moved our blog onto our main site: www.chapter11cases.com Please visit for breaking bankruptcy news as well as to access our newly-added databases of free resources, such as completely-free access to thousands of federal…
Feb 21
What Recoveries Can American Airlines & Global Aviation Creditors & Equityholders Expect? Infographics Summarizing Guidance from 10 Years of Airline Bankruptcie

What Recoveries Can American Airlines & Global Aviation Creditors & Equityholders Expect? Infographics Summarizing Guidance from 10 Years of Airline Bankruptcie

The recent chapter 11 bankruptcy filings by AMR Corporation (American Airlines) and Global Aviation Holdings Inc. (World Airways and North American Airlines) have left thousands of creditors and equityholders holding billions of dollars worth…
Dec 12
As Expected, Lee Enterprises Files Prepackaged Chapter 11 Cases in Delaware Sunday Night

As Expected, Lee Enterprises Files Prepackaged Chapter 11 Cases in Delaware Sunday Night

As the companies had previously stated their intention to do, Lee Enterprises, Inc. and a host of affiliated companies filed prepackaged chapter 11 cases on Sunday night in Wilmington, Delaware. The companies, which trace their history to…

Rank this Week: 366

Total Bankruptcy

Covers bankruptcy courts, credit, and bankruptcy news. By Total Bankruptcy.

http://www.totalbankruptcy.com/blog

Nov 21
The Economy Gives Thank

The Economy Gives Thank

By Mary Ann Pekara Thanksgiving was initially declared a national holiday in 1863 by Abraham Lincoln, and was celebrated on the last Thursday of November. Fast forward to today: the United States celebrates Thanksgiving on the fourth,…
Nov 20
Hostess, Maker of Twinkies, Bankrupt

Hostess, Maker of Twinkies, Bankrupt

By Bob Negele Many reporters are enjoying their puns about the “expiration of Twinkies,” but one thing no one is happy about are the thousands of jobs and lives wrapped up in the bankruptcy of Hostess. When a brand as iconic as Hostess,…
Nov 20
Greece Entices Hedge Fund

Greece Entices Hedge Fund

By Bob Negele Greece recently voted to approve a budget which allows the European Union to continue with its multi-billion dollar bail-out of the economically struggling country. As a result, many investors, including hedge funds, are being…

Rank this Week: 456

theBKblog

Covers Georgia bankruptcy, protected property, Chapter 13, median income test, wrongful foreclosure, fraudulent transfers, divorce and means test. By Jonathan Ginsberg.

http://www.thebklawyer.com/thebkblog

May 22
Sinbad Bankruptcy? News Reports Get it Wrong

Sinbad Bankruptcy? News Reports Get it Wrong

According to news reports coming from literally hundreds of outlets, comedian Sinbad has filed a Chapter 13 bankruptcy. The source of this report is the web site TMZ.com – and news outlets from major news networks to gossip web…
Apr 15
File Bankruptcy if You are not Broke? Maybe Not Such a Crazy Idea

File Bankruptcy if You are not Broke? Maybe Not Such a Crazy Idea

The Atlanta Journal Constitution ran a front page story on Sunday, April 14 entitled More than 40% of Georgia Homes Underwater. The AJC reporter notes that “there’s not another metro area in the United States with as many…
Apr 8
Home Foreclosed? Here’s What Happens Next

Home Foreclosed? Here’s What Happens Next

Georgia foreclosure law allows lenders to start and complete the mortgage foreclosure process in as little as 37 days. This means that just over a month from the start date of the foreclosure, you may lose all title interest in [...]The…

Rank this Week: 504

Ontario Personal Bankruptcy Blog

Answers questions about personal bankruptcy in Ontario, Canada.

http://www.bankruptcy-ontario.org/

Nov 2
Bankruptcy Statistics: Ontario Consumers Not Recovering

Bankruptcy Statistics: Ontario Consumers Not Recovering

The number of consumer insolvencies in Ontario in August 2012 rose 4% compared to July according to statistics released by the Office of the Superintendent of Bankruptcy Canada. Bankruptcies were up 1% and consumer proposals were up 7%.…
Oct 22
Right to travel in case of bankruptcy

Right to travel in case of bankruptcy

Question: I am an Ontario resident, Do I have the right to travel out of Canada if I go bankrupt? Is there any risk when I come back? I am I going to be arrested? Answer: Bankruptcy is not a criminal offense. If you file bankruptcy in…
Oct 15
Ex spouse considering bankruptcy

Ex spouse considering bankruptcy

Question: I have been separated from my husband for 6 years this October. I purchased my own home and he co-signed to help me get approved as I was only working part-time. I am on the joint title of our matrimonial home which he lives in. I…

Rank this Week: 505

California Bankruptcy Attorney…

California Bankruptcy Attorney Blog

Covers consumer bankruptcy, debt settlement, foreclosure and loan modification. By Howard Law, P.C.

http://www.californiabankruptcyattorneyblog.com/

May 23
Nebraska Supreme Court Permit Deficiency Lawsuits When There Was No Foreclosure Sale - First National Bank of Omaha v. Davey

Nebraska Supreme Court Permit Deficiency Lawsuits When There Was No Foreclosure Sale - First National Bank of Omaha v. Davey

At Howard Law, P.C., our Riverside foreclosure defense lawyers represent Californians who are facing foreclosure or were deceived by their lenders at some point. Because we work in California, we don't always have to worry about deficiency…
May 21
Sanctions for Failure to Negotiate Loan Mod in Good Faith Were Appropriate, High Court Rules - Jacinto v. PennyMac Corp.

Sanctions for Failure to Negotiate Loan Mod in Good Faith Were Appropriate, High Court Rules - Jacinto v. PennyMac Corp.

Vincent Howard and our Riverside County foreclosure defense attorneys were interested to see a case out of Nevada that resulted in sanctions for a lender that misbehaved during loan modification proceedings. Nevada's foreclosure mediation…
May 20
Nevada High Court Declines to Overturn Arbitration Award in Mortgage Case - Sylver v Regents Bank

Nevada High Court Declines to Overturn Arbitration Award in Mortgage Case - Sylver v Regents Bank

At Howard Law, P.C., we focus on consumer debt and predatory lending issues, which includes litigation when appropriate. So our Corona foreclosure defense lawyers were interested to see a case from our neighbors in Nevada about the use of…

Rank this Week: 520

Miami Florida Bankruptcy Law

By Jordan E. Bublick.

http://jbublick.blogspot.com/

Mar 7
Bankruptcy Glossary Aadversary proceedingA…

Bankruptcy Glossary Aadversary proceedingA lawsuit arising in or related to a bankruptcy case that is commenced by filing a complaint with the court. A nonexclusive list of adversary proceedings is set forth in Fed. R. Bankr. P.…
Mar 7
The Chapter 13 DischargeThe bankruptcy law…

The Chapter 13 DischargeThe bankruptcy law regarding the scope of the chapter 13 discharge is complex and has recently undergone major changes. Therefore, debtors should consult competent legal counsel prior to filing regarding the scope…
Mar 7
Making the Chapter 13 Plan WorkThe…

Making the Chapter 13 Plan WorkThe provisions of a confirmed plan bind the debtor and each creditor. Once the court confirms the plan, the debtor must make the plan succeed. The debtor must make regular payments to the trustee either…

Rank this Week: 651

AZ Bankruptcy Blog

Focused on Chapter 7 bankruptcy. By Joseph C. McDaniel.

http://www.arizonabankruptcyblog.info/

Nov 29
Important Bankruptcy Recap: Don't Bank where you owe Money!

Important Bankruptcy Recap: Don't Bank where you owe Money!

We tell clients this repeatedly. Why mention this? It's simple: If a creditor (like a bank, for instance) has direct access to your bank account (as banks often do), then you can consider your checking balance dumped into the rancor pit as…
Nov 18
Jefferson County sets records in Chapter 9 Bankruptcy

Jefferson County sets records in Chapter 9 Bankruptcy

Jefferson County is suffering, a roughly four billion dollar debt they cannot pay is forcing them to take the road many other cities are already debating: Chapter 9 Bankruptcy.
Nov 8
Occupation of Phoenix not going so smoothly

Occupation of Phoenix not going so smoothly

Wandering around downtown I came across the fabled Occupy Phoenix movement. It's not going as awkwardly as elsewhere, but it's clearly having issues of its own as a group.

Rank this Week: 717

California Bankruptcy Lawyer

Covers bankruptcy, consumer debt and finance law with a focus on California law. By Scott Sagaria.

http://www.californiabankruptcylawyerblog.com/

Aug 10
What is Obama Home Foreclosure Program?

What is Obama Home Foreclosure Program?

President Obama's home foreclosure program, Making Home Affordable, is a program that provides a number of government-subsidized options for homeowners who are struggling. The goal is for these homeowners to avoid home foreclosure, which…
Jul 26
How Does Home Foreclosure Affect Home Vacancy?

How Does Home Foreclosure Affect Home Vacancy?

Home Foreclosures and It's Affects on Home Vacancies Home foreclosure rates have a direct affect on nearby property values through the supply effect. Residents currently living near vacant properties have a sense of mistrust and fear, from…
Jul 11
What Is The Process of Home Foreclosure In Sacramento?

What Is The Process of Home Foreclosure In Sacramento?

The process of home foreclosure in Sacramento and eviction pre-foreclosure and the formal legal foreclosure process. Completion of all of these steps, which will probably take a few months or so, will lead to the eviction of the previous…

Rank this Week: 780

Bankruptcy Litigation Blog

Covers the BAPCPA, bankruptcy, circuit splits, code statutory interpretation, and recent case law developments. By the Coleman Law Firm.

http://www.bankruptcylitigationblog.com/

Feb 21
The Mass of Contradictions that Define "Bad Boys" in Sports, Art, Life, and the Law

The Mass of Contradictions that Define "Bad Boys" in Sports, Art, Life, and the Law

The phrase “bad boys” is one that conjures up a multitude of contradictory connotations. In sports, the Detroit Pistons wore the moniker proudly as they pummeled their way to consecutive NBA championships. Those bad…
Feb 17
Chief Judge Easterbrook Writes That Free Market Competition Trumps Equity's Attempted Free Lunch Under the New Value Exception to the Absolute Priority Rule

Chief Judge Easterbrook Writes That Free Market Competition Trumps Equity's Attempted Free Lunch Under the New Value Exception to the Absolute Priority Rule

A 7th Circuit opinion authored by Chief Judge Easterbrook last week had me again looking across the street at 203 North LaSalle and wondering whether the US Supreme Court will ever finally decide whether there is a “new…
Oct 29
Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.9

Bankruptcy Tweets of 2011-2012 Cases - A Year in Review - V.9

Here's more in the continuing "Year in Review" series. The inset photo is of the Senator Thad Cochran United States Bankruptcy Court in Aberdeen, Mississippi (pictures and story here), a 47,000 square foot complex that is…

Rank this Week: 781

Florida Bankruptcy News and…

Florida Bankruptcy News and Current Events

Covers bankruptcy and foreclosure defense news. Debt Relief Group LLC.

http://1800debtrelief.com/bankruptcy-news/

May 22
The Fight Against Foreclosure

The Fight Against Foreclosure

Hundreds of thousands of families have been displaced from their homes in recent years as the wave of the foreclosure crisis swept the nation. While some were fortunate enough to defend against the loss of their homes, others have not been so…
May 20
Study Shows Bankruptcy More Likely For Cancer Patient

Study Shows Bankruptcy More Likely For Cancer Patient

The healthcare crisis facing this nation is one that has been mounting over the last several decades. As the costs of healthcare rise and the ability for consumers to stay insured becomes pressured, many people are left in financial hardship…
May 17
Fast Bankruptcy Filing

Fast Bankruptcy Filing

Anyone dealing with creditors and the stress of overwhelming debt burdens understands the pressing need for relief. While it may be tempting to rush into a bankruptcy filing, there is a greater benefit in taking due consideration. Here is…

Rank this Week: 842

Miami Lawyer Blog

Covers foreclosures, bankruptcy, and short sales. By Law Offices of Aaron Resnick, P.A.

http://www.miami-lawyer-blog.com/

May 8
Aaron Resnick, Esq. Named to Friends of the New World Symphony National Council

Aaron Resnick, Esq. Named to Friends of the New World Symphony National Council

The Friends of the New World Symphony named Aaron Resnick, Esq. to its National Council for 2013-2014. Mr. Resnick was the founding Chairperson for the Friends of the New World Symphony. The New World Symphony, America's Orchestral…
May 8
Aaron Resnick, Esq. Lawsuit Featured In Courthouse News Service

Aaron Resnick, Esq. Lawsuit Featured In Courthouse News Service

Aaron Resnick, Esq.'s Lawsuit filed in Palm Beach County, Florida was featured in the Courthouse News Service Entertainment Law Digest in an article titled: "Former Madame to the Stars Sues Her Ex". You can read the entire lawsuit…
Apr 19
FINRA Arbitration Claim Filed Against Success Trade Securities for Ponzi Scheme Related Claim

FINRA Arbitration Claim Filed Against Success Trade Securities for Ponzi Scheme Related Claim

The Law Offices of Aaron Resnick, P.A. along with the law firm Erez & Sonn, PA announced that it is filing a FINRA arbitration claim against Success Trade Securities, Inc. ("Success Trade") located in Washington D.C.. The claim involves …

Rank this Week: 911

Black & LoBello Law Blog

Covers Nevada bankruptcy, real estate, family law and environmental law.

http://blacklobellolawblog.com

Jan 24
Must I Have a Prenup?

Must I Have a Prenup?

Many people believe that a prenuptial agreement is the only way to ensure a simple divorce if wedded bliss turns to dissatisfaction, but such an unromantic legal machination is not always necessary. A prenuptial agreement might be necessary…
Jan 23
Black & LoBello on AM720 KDWN

Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from January 4th, 2012 in which Managing Partner, Tisha Black Chernine, Esq., discusses recent case law regarding homeowners’ right to sue lenders under HAMP or HAFA (2:40), how to…
Jan 20
Court Holds Homeowner Can Sue Lender Under HAMP

Court Holds Homeowner Can Sue Lender Under HAMP

A case coming out of Superior Court in Massachusetts gives hopes to homeowners who have attempted loan modifications under HAMP (the Federal Homes Affordable Modification Program) and been delayed and given the run around by their…

Rank this Week: 972

IN THE (RED) - The Business…

IN THE (RED) - The Business Bankruptcy Blog

Covers business bankruptcy issues and developments. From Cooley Godward Kronish LLP's Bob Eisenbach.

http://bankruptcy.cooley.com/

May 8
Ninth Circuit Opens The Door To Recharacterization Of Debt As Equity

Ninth Circuit Opens The Door To Recharacterization Of Debt As Equity

In bankruptcy, prepetition loans made by insiders are often investigated, and sometimes challenged, by debtors, creditors' committees, or trustees. The two most frequent challenges brought are that (1) the loans in question are not…
Apr 11
Spring 2013 Edition Of Bankruptcy Resource Now Available

Spring 2013 Edition Of Bankruptcy Resource Now Available

The Spring 2013 edition of the Absolute Priority newsletter, published by the Bankruptcy & Restructuring group at Cooley LLP, of which I am a member, has now been released. The newsletter gives updates on current…
Apr 2
Seventh Circuit Decision Gives Support To Protecting Buyers In Bankruptcy Sales From Successor Liability

Seventh Circuit Decision Gives Support To Protecting Buyers In Bankruptcy Sales From Successor Liability

Last week, the U.S. Court of Appeals for the Seventh Circuit addressed whether a buyer of assets outside of bankruptcy (in this case, from a receivership), takes on successor liability for federal Fair Labor Standards…

Rank this Week: 1066

Los Angeles Bankruptcy Lawyer Blog

Covers bankruptcy and foreclosure news. By Nader Law Firm.

http://www.losangelesbankruptcylawyer-blog.com/

May 14
Los Angeles Retirement Confidence Shot, According to Study

Los Angeles Retirement Confidence Shot, According to Study

A recent survey conducted by the Employment Benefit Research Institute revealed that only 13 percent of workers were "very confident" with regard to being secure in their funding and ability to retire. Our Los Angeles bankruptcy lawyers…
May 10
California Foreclosures Still Nightmarish, Despite Decline

California Foreclosures Still Nightmarish, Despite Decline

A real estate research firm has reported that in the first quarter of this year, California foreclosure activity declined sharply to 18,600 - a 51 percent dip from the previous quarter and a nearly 70 percent drop from last autumn. However,…
May 7
Los Angeles Bankruptcy Lawyers Warn Against Big-Bank Loan Sharking

Los Angeles Bankruptcy Lawyers Warn Against Big-Bank Loan Sharking

You are no doubt familiar with the storefront payday lenders who have come under intense scrutiny from state and federal regulators critical of the practices that keep consumers in a seemingly endless cycle of debt. A lot of people won't…

Rank this Week: 1077

Bankruptcy Topics

Covers consumer bankruptcy laws in Massachusetts and New Hampshire. By Doug Beaton.

http://www.douglasbeaton.com

May 23
Homeowner’s mortgage mess spills over into bankruptcy court

Homeowner’s mortgage mess spills over into bankruptcy court

If there is one bankruptcy case that sums up the frustrations of homeowners dealing with mortgage firms and banks, it must the the one recently decided by Bankruptcy Judge Hoffman in Massachusetts. This case (In re Perra, from May 22, 2013)…
May 20
Bankruptcy hearings can be over before the fat lady sing

Bankruptcy hearings can be over before the fat lady sing

A recent opinion from United States bankruptcy judge Henry Boroff in Massachusetts helps to clarify a much debated question of bankruptcy law: when is the debtor’s “meeting of creditors” really over? Each person filing a…
May 1
Window of opporunity opens for bankruptcy debtors with tax debt

Window of opporunity opens for bankruptcy debtors with tax debt

With April 15, 2013 in the rear view mirror, a new window of opportunity has opened up for people who owe back taxes for the year 2009. That’s because the required three year period from the 2009 due date (April 15, 2010) has now…

Rank this Week: 1098

Bankruptcy Fraud Resource Center

Covers news, commentary and analysis on bankruptcy fraud. By Wayne D. Holly.

http://bankruptcyfraud.typepad.com/bankruptcy_fraud_resource/

Mar 16
Illinois farmer's wife sentenced to probation following guilty plea

Illinois farmer's wife sentenced to probation following guilty plea

Updating a story we reported here, Margaret Diekemper was sentenced to two years of probation and a $500 fine for her role in a bankruptcy fraud scheme in the Southern District of Illinois following a plea agreement reached with the…
Jan 18
IRS bankruptcy fraud investigation leads to structuring charge

IRS bankruptcy fraud investigation leads to structuring charge

According to this Wisconsin State Journal article, Ismail Beciri was charged in the Western District of Wisconsin with four counts of structuring financial transactions to avoid federal reporting requirements after a federal agents searched…
Jan 4
Judicial Conference certifies to House bankruptcy fraud basis for judge's impeachment

Judicial Conference certifies to House bankruptcy fraud basis for judge's impeachment

In a previous post (here) we commented that the Judicial Conference of the United States had certified to the House of Representatives that impeachment proceedings may be warranted against U.S. District Judge G. Thomas Porteus (E.D.

Rank this Week: 1134

Long Island Bankruptcy Blog

Covers bankruptcy law, practice and procedure. By Craig Robins.

http://longislandbankruptcyblog.com

Apr 5
Hello world!

Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
Mar 3
Judge Joel Asarch Passes Away. Funeral to be Monday March 4, 2013

Judge Joel Asarch Passes Away. Funeral to be Monday March 4, 2013

Written by Craig D. Robins, Esq. The Honorable Joel Asarch, a very personable Nassau County attorney who had been serving as a Nassau County Supreme Court justice, died of a heart attack this morning at South Nassau Communities Hospital in…
Feb 17
Mortgage Lenders Resorting to Creativity to Avoid Foreclosure on Long Island

Mortgage Lenders Resorting to Creativity to Avoid Foreclosure on Long Island

Written by Craig D. Robins, Esq. Faced with a wave of judicial sentiment against them, banks have begun seeking more creative ways to resolve delinquent mortgages than rushing to foreclose against the homeowner, which for quite some…

Rank this Week: 1136

DebtStoppers USA Bankruptcy Blog

Covers bankruptcy and foreclosures. By DebtStoppers USA

http://www.debtstoppersblog.com/

May 20
Great Recession May Have Long-Term Effects on Finances of Gen-Xer

Great Recession May Have Long-Term Effects on Finances of Gen-Xer

By most media reports, the Great Recession is officially over. But that doesn't mean it's done affecting consumers - especially those in a particular age group. According to a recent report, Generation X could be haunted by debts…
May 14
Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Credit card judgments are like ticking time bombs: You never know when they're going to go off. For many consumers, bankruptcy is the best way to diffuse this potentially disastrous situation. As consumer debts grow, more lenders are…
May 8
Loan Modification vs. Bankruptcy: Which Is the Best Way to Stop Foreclosure?

Loan Modification vs. Bankruptcy: Which Is the Best Way to Stop Foreclosure?

When you're falling behind on your mortgage payments, the chance to change the terms on your loan via a mortgage modification can sound almost too good to be true. Unfortunately, it often is. Loan modifications have gained notoriety in…

Rank this Week: 1155

Boston Bankruptcy Lawyer Blog

Covers bankruptcy law issues. By the Law Office of Neil Burns.

http://www.bostonbankruptcylawyerblog.com/

Nov 6
Massachusetts Bankruptcy and the Unsecured Line of Credit

Massachusetts Bankruptcy and the Unsecured Line of Credit

In a recent case handed down by federal Bankruptcy Court Judge Joan Feeney, a Massachusetts debtor who filed for bankruptcy protection intended to discharge a debt to Liberty Bay Credit Union. This was an unsecured debt. Such debts, in a…
Nov 1
Since IRAs and 401ks are Protected in Bankruptcy, Should We Invest in Ourselves?

Since IRAs and 401ks are Protected in Bankruptcy, Should We Invest in Ourselves?

As Halloween goblins fade and we start to look at what we have left to do this calendar year, one thing our Boston bankruptcy clients ask after we inform them that they can protect their IRAs and 401ks in bankruptcy, is how they could or…
Oct 31
Massachusetts Bankruptcy and Elizabeth Warren

Massachusetts Bankruptcy and Elizabeth Warren

Advocates for Massachusetts consumers are looking seriously at Elizabeth Warren's record of pro-consumerism as the election nears. Warren, running for United States Senator from Massachusetts, aims to be the first woman senator from our…

Rank this Week: 1159

National Bankruptcy Forum

Covers bankruptcy and consumer related issues.

http://www.nationalbankruptcyforum.com

May 15
Do you have too much debt to handle? Know the signs…

Do you have too much debt to handle? Know the signs…

Debt isn’t always bad, but be careful about taking on too much… It gets a bad rap, but debt is not necessarily always a bad thing. In the business world, Fortune 500 companies sell off debt in the form of bonds to raise capital…
May 10
Ohio Foreclosure Laws: What You Need to Know

Ohio Foreclosure Laws: What You Need to Know

A Quick Summary of the Ohio Foreclosure Process “Foreclosure” is simply a term used to describe the legal process used by your mortgage company, or any other mortgage lender (such as a bank), to take possession of your home. A…
May 2
File Bankruptcy or Settle a Debt? Check your Credit Report.

File Bankruptcy or Settle a Debt? Check your Credit Report.

While there are many and varied reasons that people file a bankruptcy case or settle a debt, certainly an improved credit score is a desired result. Unfortunately, post bankruptcy and post debt settlement credit reporting is often not…

Rank this Week: 1183

StayViolation.Com

Covers the automatic stay in bankruptcy proceedings. By Chuck Newton.

http://www.stayviolation.com/

Dec 7
(Video) "You Are Only As Good As Your Last Payment". Is Bank Of America Intrinsically Evil?

(Video) "You Are Only As Good As Your Last Payment". Is Bank Of America Intrinsically Evil?

As the Debtor's Revolution continues on YouTube, you have to view these videos, especially the one posted here, and ask yourself if Bank of America is intrinsically evil?
Oct 28
(Video) Regular People Harmed By Econominic Meltdown Protest At The American Bankers Association Convention

(Video) Regular People Harmed By Econominic Meltdown Protest At The American Bankers Association Convention
Oct 16
Foreclosures In The Third Quarter Topped The Record

Foreclosures In The Third Quarter Topped The Record

While Wall Street might be recovering it is clear that Main Street is not. That is not an unusual disconnect, but it does represent a reason for a spike in bankruptcy filings.

Rank this Week: 1182

Atlanta Bankruptcy Attorney Blog

Covers bankruptcy, debt, and debt analysis. By DebtStoppers USA.

http://www.atlantabankruptcyattorneyblog.com/

May 20
Great Recession May Have Long-Term Effects on Finances of Gen-Xer

Great Recession May Have Long-Term Effects on Finances of Gen-Xer

By most media reports, the Great Recession is officially over. But that doesn't mean it's done affecting consumers - especially those in a particular age group. According to a recent report, Generation X could be haunted by debts…
May 14
Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Can Filing for Bankruptcy Stop Creditor Judgments for Credit Card Debt?

Credit card judgments are like ticking time bombs: You never know when they're going to go off. For many consumers, bankruptcy is the best way to diffuse this potentially disastrous situation. As consumer debts grow, more lenders are…
May 8
Loan Modification vs. Bankruptcy: Which Is the Best Way to Stop Foreclosure?

Loan Modification vs. Bankruptcy: Which Is the Best Way to Stop Foreclosure?

When you're falling behind on your mortgage payments, the chance to change the terms on your loan via a mortgage modification can sound almost too good to be true. Unfortunately, it often is. Loan modifications have gained notoriety in…

Rank this Week: 1202

Bankruptcy Blog

Covers bankruptcy and debt management. By Allmand Law.

http://allmandlaw.com/bankruptcy-blog

May 23
Today In Bankruptcy – 05-23-2013

Today In Bankruptcy – 05-23-2013

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for May 23, 2013 Atari seeking $22.2 million in bankruptcy auction Busy New York Bankruptcy Court Faces Budget Crunch…
May 23
Getting Debt Discharged in Chapter 13 Bankruptcy

Getting Debt Discharged in Chapter 13 Bankruptcy

Many people who think about getting debt discharged may assume it can only be erased through Chapter 7 bankruptcy. In fact, Chapter 13 bankruptcy has the ability to not only discharge debt, but in some cases may help eliminate debt that…
May 22
Rising Drug Costs Contributing to Personal Bankruptcy Filing

Rising Drug Costs Contributing to Personal Bankruptcy Filing

Medical debt continues to be one of the most common reasons why people file personal bankruptcy. Yet, recent studies may provide evidence that rising drug costs are partly to blame. Medical debt related to unpaid bills is one…

Rank this Week: 1224

The Interplay Between Bankruptcy…

The Interplay Between Bankruptcy and Divorce Law in Virginia

Explores the effect of a bankruptcy on divorce and other family law matters in Virginia, as well as the effect of a divorce or other family law matter on a bankruptcy. By James H. Wilson, Jr.

http://bankruptcydivorceblawg.com

Mar 30
Is a chapter 13 bankruptcy case filed one month after a divorce a bad faith filing in Virginia?

Is a chapter 13 bankruptcy case filed one month after a divorce a bad faith filing in Virginia?

Is a chapter 13 bankruptcy case filed one month after a divorce a bad faith filing in Virginia? Not in the case of In re: James Christopher Haney, Case no: 10-10258-SSM (EDVA, Aug. 2010), where the bankruptcy judge for the Eastern District of…
Mar 18
Must support obligations be paid in full in chapter 13 before the debtor’s attorney’s fees?

Must support obligations be paid in full in chapter 13 before the debtor’s attorney’s fees?

Must support obligations be paid in full in chapter 13 before the debtor’s attorney’s fees? Not in the case of In re Reid, Case No: 06-50147 ( Bkr. MDNC, July 19, 2006), where the United States Bankruptcy Court for the Middle…
Mar 5
Is an award of lump sum spousal support to compensate wife for husband’s bankruptcy an abuse of the trial court’s discretion?

Is an award of lump sum spousal support to compensate wife for husband’s bankruptcy an abuse of the trial court’s discretion?

Is an award of lump sum spousal support to compensate wife for husband’s bankruptcy an abuse of the trial court’s discretion? Yes, in the case of Mosley v. Mosley, 19 Va. App. 192, 450 S.E.2d 161 (1994) , where the Virginia Court…

Rank this Week: 1319

Lanigan and Lanigan, P.L.

Covers bankruptcy and foreclosure in Florida.

http://laniganpl.com/

May 18
New Florida Foreclosure Procedures Law Explained

New Florida Foreclosure Procedures Law Explained

Florida homeowners by now should know that the Florida Senate on Friday May 3 passed the new Florida foreclosure procedures law. The law made it through the House and now heads to Gov. Rick Scott for final approval. Governor…
May 14
Americans’ Debt, Foreclosures Down Nationally

Americans’ Debt, Foreclosures Down Nationally

The New York Federal Reserve said the total amount of debt held by Americans fell in the first three months of 2013, the lowest level since 2006. Florida’s foreclosures are still rated No. 2 in the nation behind California and according…
May 2
When a Mortgage Default Is Not a Mortgage Default

When a Mortgage Default Is Not a Mortgage Default

Eric Lanigan is a foreclosure attorney in Winter Park Florida with Lanigan and Lanigan and has practiced Florida law since 1976. He’s dealt with a lot of clients over the years in complex foreclosure cases. Here he talks to homeowners…

Rank this Week: 1329

Colorado Bankruptcy Blawg

Covers debt relief for Colorado consumers and businesses under Chapters 7 and 13 of the Bankruptcy Code. By Robin Kert Hunt.

http://web.mac.com/coloatty/iWeb/bkr/blawg/blawg.html

Dec 16
Down & Dirty CLE: Holiday CLE Celebration 12/16/2011

Down & Dirty CLE: Holiday CLE Celebration 12/16/2011

The next Down & Dirty CLE is Friday, December 16, 2011, 08:30
Aug 3
Brown bag discussion with Colorado bankruptcy judge

Brown bag discussion with Colorado bankruptcy judge

07/20/2011 update from the court:
Jul 15
Will I lose my LLC if I file personal bankruptcy?

Will I lose my LLC if I file personal bankruptcy?

A limited liability company (LLC) is a business entity that is separate from any individual member (owner) of the LLC. For bankruptcy purposes, a debtor's interest in an LLC has some sort of value, usually the debtor's share of any equity…

Rank this Week: 1334

713Bankruptcy.Com

Covers the preparation of Chapter 7 and 13 bankruptcy petitions. By Victoria Ring.

http://www.713bankruptcy.com

May 23
The 713Training Team hopes that everyone…

The 713Training Team hopes that everyone has a great Memorial Day Weekend. We receive lots of requests from VBAs and Attorneys for a Checklist that they can give their clients to make it easier for them to collect the necessary ……
Apr 26
Opportunity For You!!

Opportunity For You!!

We are giving you the opportunity to be a Guest Blogger on our site www.713Bankruptcy.com as well as have your post sent out in the www.713Training.com newsletter that has several thousand subscribers. Guest Blogging can help you…
Apr 18
Bankruptcy Forcast 2013

Bankruptcy Forcast 2013

A lot of Virtual Bankruptcy Assistants(VBAs) and Attorneys will ask us if bankruptcies are decreasing or increasing and what is happening with the market. Well I have good news, after a slight decline in bankruptcies last…

Rank this Week: 1405

Ogden Bankruptcy Blog

By Jason Richards.

http://ogdenbankruptcyblog.com/

May 20
The Means Test

The Means Test

The Huffington Post is reporting today that David Adkins (aka “Sinbad”) filed for Chapter 7 bankruptcy in California. Sinbad’s case, in my view, completely underscores the unfairness of the 2005 amendments to the bankruptcy…
Apr 6
Debtors Prison

Debtors Prison

credit: http://philoforchange.wordpress.com There was a great article in the Salt Lake Tribune today about small claims courts and bench warrants. The article discusses several cases where debtors were locked up in handcuffs upon entering the…
Mar 12
Utah legislature increasing bankruptcy exemption

Utah legislature increasing bankruptcy exemption

The Utah Legislature is about the pass a bill that increases the following exemption amounts for personal bankruptcy: Increases homestead exemption from $20,000 to $30,000 per individual; Increases vehicle exemption from $2500 to $3000 per…

Rank this Week: 1460

San Diego Bankruptcy Blog

Covers California bankruptcy and debt negotiation. By Bankruptcy Legal Group.

http://www.bankruptcysandiegoattorney.com/

May 17
After bankruptcy, don't forget to review your credit report

After bankruptcy, don't forget to review your credit report

If you are considering bankruptcy or have recently filed for bankruptcy protection in California, you may be aware that you will need to focus on rebuilding and repairing your credit after bankruptcy. There are many benefits of filing for…
May 15
Is an inherited IRA exempt or nonexempt property in bankruptcy?

Is an inherited IRA exempt or nonexempt property in bankruptcy?

When San Diego consumers file Chapter 7 bankruptcy, they may be able to wipe out most or all of their debts without having to get rid of all of their property. During bankruptcy, consumers are able to keep exempt property....
May 9
Custody battle may lead to bankruptcy for 'Gossip Girl' actre

Custody battle may lead to bankruptcy for 'Gossip Girl' actre

Any San Diego resident who has gone through a divorce or child custody battle may understand that resolving these issues can be emotionally draining and extremely costly. In some situations, resolving these legal issues may lead to bankruptcy…

Rank this Week: 1468

The Truth About Loan Modification,…

The Truth About Loan Modification, Foreclosure & Bankruptcy

Recounts tales of horror from the trenches and warn people about banking practices. By R. Grace Rodriguez.

http://letbksaveyou.blogspot.com/

Dec 18
Common Law Fraud as a class action may be the answer to Negative Amortization Loan

Common Law Fraud as a class action may be the answer to Negative Amortization Loan

Note that Dan Schecter from Loyola Law School's commentary.Jordan v. Paul Financial, LLC, 2012 Westlaw 3647759 (N.D. Cal.): Facts: Various residential borrowers…
Dec 18
Dear Readers: This is an important…

Dear Readers: This is an important case with commentary by Professor Dan Schechter, Loyola School of Law. Note his commentary about how the courts may be angry with the banks for their faux pas, but they are also growing…
Aug 14
WAKE UP LA - NACA BACK IN TOWN OCTOBER 5, 2012. TIME TO GET READY!!!!

WAKE UP LA - NACA BACK IN TOWN OCTOBER 5, 2012. TIME TO GET READY!!!!

Rank this Week: 1489

The Law firm of Vaughn & Weber,…

The Law firm of Vaughn & Weber, PLLC

Covers bankruptcy, family law, foreclosure, and real estate law in New York.

http://vaughnweberlaw.com

Apr 21
Public Safety Exception to Miranda Warning

Public Safety Exception to Miranda Warning

Miranda Warnings and the Public Safety Exception* MIRANDA WARNINGS When Miranda Warnings must be given: 1. Miranda Warnings must be given prior to any questioning if you have Custodial Interrogation by Authorities (CIA)**: Custody…
Apr 18
No Documentation Loan Modification

No Documentation Loan Modification

Fannie Mae and Freddie Mac to offer No Documentation Loan Modification Program The Program Fannie Mae and Freddie Mac will offer a simplified loan modification process. Beginning July 01, 2013, servicers will be required to offer borrowers…
Apr 18
Joint Bank Account

Joint Bank Account

Are Joint Bank Accounts Good or Bad? It depends! Estate Planning Joint bank accounts can be good from an estate planning perspective. Upon the death of one of the joint owners, the funds in the account automatically pass to the surviving…

Rank this Week: 1518

Florida Bankruptcy Lawyer Blog

Covers bankruptcy and foreclosure law. By Law Offices of Justin McMurray.

http://www.floridabankruptcylawyer-blog.com/

Jul 25
Avoiding Foreclosure Scam

Avoiding Foreclosure Scam

As foreclosures continue to rise, "scammers" are hitting the jackpot when it comes to the wealth of desperate homeowners looking for a way out. These offers are often tempting, as the banks are reluctant to negotiate and short sales rarely…
Jul 8
Deed-in-Lieu of Foreclosure in Florida

Deed-in-Lieu of Foreclosure in Florida

When facing foreclosure in Jacksonville, Florida, there are a couple of options that a homeowner can explore. One option is a deed in lieu of foreclosure (DIL). A deed in lieu is a transaction that consists of a mortgagor voluntarily…
Jun 15
Why Jacksonville Florida Residents Need a Foreclosure Attorney: Bank Gets Foreclosed On

Why Jacksonville Florida Residents Need a Foreclosure Attorney: Bank Gets Foreclosed On

One couple was able to turn the tables on a major banking institution after being wrongly foreclosed on themselves. They got the permission from a judge to foreclose on their local Bank of America. With persistence and dedication they…

Rank this Week: 1536

Oregon and Washington Bankruptcy…

Oregon and Washington Bankruptcy Blog

Provides bankruptcy information for people living in Oregon and Washington. By the Northwest Debt Relief Law Firm.

http://www.nwdrlf.com/blog

May 23
Crushing Burden of Student Loans in Oregon and Washington

Crushing Burden of Student Loans in Oregon and Washington

The class of 2013 has just replaced the class of 2012 for the title of the most indebted class in American history. With the way student loan burdens are increasing, the class of 2013 will inevitably lose their title to next year’s…
May 20
Student Loans and Bankruptcy

Student Loans and Bankruptcy

Debtors across both Oregon and Washington who are being harassed by student loan lenders and hope to eliminate these debts through Chapter 7 Bankruptcy must navigate their way through a pretty nasty test. Bankruptcy courts in both Oregon and…
May 18
Multnomah County Suing Mortgage Monster

Multnomah County Suing Mortgage Monster

Multnomah County is suing a rogue’s gallery of the largest mortgage players including B of A, Wells Fargo, Oregon’s Bank of the Cascades, Chase, Citi, and West Coast Bank for nearly forty million dollars. The focus of the lawsuit…

Rank this Week: 1556

Duncan Law Blog

Covers North Carolina bankruptcy and workers compensation issues.

http://www.duncanlawonline.com/blog/

May 23
What is Form 26 in a NC Workers’ Compensation Case?

What is Form 26 in a NC Workers’ Compensation Case?

A Form 26, according to the North Carolina Industrial Commission, is a Supplemental Agreement as to Payment of Compensation (G.S. §97-82). After you have been receiving your compensation for workers’ compensation, you and…
May 16
Is It Common For a Loan Modification To Be Delayed?

Is It Common For a Loan Modification To Be Delayed?

When you are having trouble making your house payments, there are options that might work well for you. One of these options is a loan modification. This is when the bank changes your loan so that you have a lower, more affordable monthly…
May 14
Can the Insurance Company Provide me with Transportation in a Worker’s Comp Claim?

Can the Insurance Company Provide me with Transportation in a Worker’s Comp Claim?

Yes, the insurance company can provide you with transportation to receive medical care that is approved by the insurance company or the North Carolina Industrial Commission. Usually you must provide your own transportation, but the insurance…

Rank this Week: 1661

Bankruptcy Law Network

Covers bankruptcy and consumer credit.

http://www.bankruptcylawnetwork.com/

May 23
What is a Prepackaged Chapter 11 Bankruptcy?

What is a Prepackaged Chapter 11 Bankruptcy?

In this article I will explain a few basic details about conventional and prepackaged Chapter 11 bankruptcy cases. Conventional bankruptcy: This is usually when a business files bankruptcy in a response to a crisis. However, when a business…
May 22
Student Loans May Now Be Discharged More Easily In Bankruptcy in the 9th Circuit

Student Loans May Now Be Discharged More Easily In Bankruptcy in the 9th Circuit

On May 22, 2013, the 9th Circuit Court of Appeals released its opinion in Hedlund v. The Educational Resources Institute, Inc., and Pennsylvania Higher Education Assistance Agency, Case 12-35258 (D.C. 6:11-cv-6281AA). That opinion (and…
May 21
Bankruptcy Helps Lower Your Credit Card Minimum Payment

Bankruptcy Helps Lower Your Credit Card Minimum Payment

I know — a silly headline. Bankruptcy is admittedly an extreme way to lower your monthly credit card payments. But that depends on whether you are asking yourself the right question. If you are on the Net searching for ways…

Rank this Week: 1668

Oklahoma Legal Issues

By Absolute Legal Services, LLC.

http://www.absolutelawfirm.com/blog

Sep 23
Welcome Back

Welcome Back

We took a small hiatus from blogging, mostly because some stuff got screwed up on the back end. We also lost a lot of the more recent posts (like everything from 2011 to now), so there will be some “fresh” content soon. Now that we’re…
Mar 4
It’s Not Too Late for the Social Media Game

It’s Not Too Late for the Social Media Game

A lot of small businesses are entering the social media game. I discussed how you can leverage social media in your business, and I encourage you to get going. Well, Business Pundit blog produced this great infographic that shows how small…
Mar 3
The Importance of Pre-Lien Notice

The Importance of Pre-Lien Notice

If you’re an Oklahoma contractor, you must be aware of the pre-lien notice requirements of 42 O.S. 142.6.

Rank this Week: 1688

Nevada Loan Modification Attorney…

Nevada Loan Modification Attorney Malik Ahmad

Covers foreclosures and loan modifications. By Malik Ahmad.

http://lvattorneyma.wordpress.com

Jan 7
Bank of America Agrees to Settle for 10 Billion dollars–Great Victory

Bank of America Agrees to Settle for 10 Billion dollars–Great Victory

Finally, Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. This was announced Monday, the bank will pay $3.6 billion to Fannie Mae and buy back $6.75 billion in loans that…
Dec 31
New Settlement Expected on Home Loans Abuse

New Settlement Expected on Home Loans Abuse

NY Times have the latest news about a new settlement which is expected between government regulators and representatives of 14 big bank. This could be worth $10 billion settlement with 14 banks that would end the…
Nov 23
What are the limitations on deficiency judgment in Nevada?

What are the limitations on deficiency judgment in Nevada?

Nevada Statute NRS 40.458 deals with Deficiency judgment as this placed many limitations and propitiation Award to judgment creditor or beneficiary of deed of trust under certain circumstances.

Rank this Week: 1691