Posts tagged with: "distressed-debt"
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20 Apr 2012, 10:52 am
Participants will transfer their home’s title to the bank, which will then forgive the outstanding mortgage debt. [read post]
20 Apr 2012, 10:32 am
According to recent reports, the Attorney General of Ohio, Mike DeWine sued a couple of debt settlement companies in California accusing them of overcharging the consumers who are already going through a distressed financial state. [read post]
19 Apr 2012, 10:00 am
This issue comes up frequently in connection with escaping distressed real estate. [read post]
18 Apr 2012, 9:09 am
They need help stabilizing their lives while they seek new employment or look for ways reasonably handle their debt. [read post]
18 Apr 2012, 5:00 am
Similarly, debt in separate funds should not be consolidated since the debt will not be recourse from one fund to another. [read post]
17 Apr 2012, 10:00 am
Most notably, The Mortgage Debt Relief Act of 2007. [read post]
13 Apr 2012, 11:25 am
Now we’re seeing the same signs of distress. [read post]
4 Apr 2012, 3:39 pm
It is not a good idea for anyone simply to ignore unpaid debts, as costs and problems will generally mount. [read post]
3 Apr 2012, 12:26 pm
He is ready to pay his debt to society. [read post]
3 Apr 2012, 8:10 am
They're designed to let everyone know where sex offenders who have paid their debt to society live so their houses can be burned down the neighbors can tell the children to play with Uncle Charlie or sign up to be altar boys instead. [read post]
3 Apr 2012, 7:43 am
Chapter 7 is a chance to shed debt and move forward debt free, while a Chapter 13 is a repayment plan ranging from 3 to 5 years with debt forgiven after the plan completes. [read post]
3 Apr 2012, 7:16 am
In addition to the “decision tree” laying out a typical “time line” or process of a distressed commercial real estate loan, here is a short check list of topics that a lender or servicer might consider as elements of a successful modification to the loan: add lender rights or remedies (including addressing new laws or court decisions) (look at the “market trends” topic on the right side of the page) waivers of claims and defenses (including disclaimer of… [read post]
2 Apr 2012, 2:16 am
For many, making a late payment is the first step down a path that leads to serious financial distress - and in some cases, foreclosure. [read post]
30 Mar 2012, 1:22 pm
The judge ordered Bank of America to pay $12,500 in attorney's fees and damages for emotional distress. [read post]
29 Mar 2012, 8:41 am
Almost every Sacramento commercial real estate lawyer is seeing an increase in distressed properties and higher rates of short sales for those properties. [read post]
29 Mar 2012, 12:17 am
Non-performing loans were declining although the bank would like this to happen faster but the property market was not providing a major underpin to allow distressed borrowers to exit the market. [read post]
28 Mar 2012, 2:18 pm
The benefits to distressed homeowners are many: They would avoid the black mark of a foreclosure on their credit history. [read post]
28 Mar 2012, 6:44 am
The forced/distress value was shown only for the purpose of fixing a lesser amount as reserve price. [read post]
24 Mar 2012, 10:00 am
At the very least, the admissions offices at law schools across the country should explicitly warn students that anyone who expects to incur law school debt above $100,000 will likely suffer financial distress upon graduation unless they land a NLJ 250 job or a public service job that qualifies for reduced loan payments--and admitted students should be told that relatively few graduates get these jobs. [read post]
22 Mar 2012, 5:00 am
The meaning of “indebtedness, liability or obligation” is to be determined by reference to whether a claim is a debt provable in bankruptcy. [112] The reference to “debt provable” in s. 12(1) of the CCAA, which references the BIA, has to be considered in the context of s. 2 of the BIA, which refers to “claim provable” and directs that “claim provable in bankruptcy”, “provable claim” and… [read post]
