Bankruptcy Blogs

Obama's Housing Half-Measures Keep Missing the Mark

03/28/12

Why does HARP 2.0 continue the incrementalism that marred the first incarnation of the refi program and many of the housing policies the president has put forth?

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The Complicated California Foreclosure Process Explained

03/28/12

California foreclosure laws are among the nation’s most complex but are also fairly consumer friendly. In this post, we will attempt to provide good answers to the most common questions California residents have about the foreclosure process, both before and after a sale. A Brief Introduction to Mortgages In order to fully grasp the information [...]

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Am I Protected by the Arizona Anti-Deficiency Statute?

03/28/12

Am I Protected by Arizona’s Anti-Deficiency Law After Foreclosure? When most families purchase a home, they don’t envision ending up facing a foreclosure sale, but in states like Arizona where the housing market has been particularly hard hit, foreclosure is an all too common event. In cases where a home has plummeted in value, borrowers [...]

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The Daily Docket: Dodgers Sold for $2.15B

03/28/12

A group led by basketball star Magic Johnson won the Los Angeles Dodgers at a bankruptcy auction Tuesday, The Wall Street Journal reports.

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How B of A Can Repair, or Further Wreck, Its Mortgage Book

03/28/12

The bank's plan to convert troubled loans to rentals will benefit all concerned. A special unit for servicing toxic assets can help, if run wisely. Principal reductions could seriously backfire.

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Chapter 12 Bankruptcy is Like Chapter 13 on Steroids!

03/27/12

I have been filing Chapter 13 and Chapter 7 bankruptcy cases in the upstate New York for over 20 years. Due to the many financial difficulties dairy farmers have been having over the past few years, I started filing more Chapter 12 farm bankruptcies.

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Marketing $25 Billion AG Settlement to Consumers is Key to Getting Money

03/27/12

Our local AG's office just held a meeting for people who serve homeowners in foreclosure, to explain what the settlement means to consumers.

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More Credit Union Business Lending Would Boost Economy

03/27/12

Even though credit unions are the ideal lenders for the smallest of the small businesses they are limited in the amount of business loans they can extend to their members because of an arbitrary cap.

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Spousal Support Motion “Quacks” Like Support; Excepted From Automatic Stay Protection

03/27/12

There Are Exceptions to the Automatic Stay One of the big advantages for consumers filing personal bankruptcy is the automatic stay. The automatic stay is an injunction that prevents creditors from further collection efforts once a bankruptcy case has been filed. Phone calls, lawsuits and any other form of collection must stop while the debtor [...]

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Running of the Brides Reincarnation?

03/27/12
European Pressphoto Agency
Brides running to get to the racks of wedding dresses at the annual Filene’s Basement Running of the Bride’s event in Miami in May 2011.

Ho

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