Bankruptcy Blogs

Chapter 13 Bankruptcy Can Strip HOA Lien

03/09/12

Chapter 13 bankruptcy can strip a second mortgage from a primary residence if the house is worth less than the first mortgage so that the second mortgage is not secured by any equity. Many homeowners who fall behind in their mortgage payments also have past due HOA fees and assessments. Florida law permits HOAs to place impose a lien upon a property to secure payment. Are HOA liens subject to mortgage stripping in Chapter 13, or are HOA liens given the same priority and protection as first mortgages?

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Stop Foreclosure with Chapter 13 Bankruptcy

03/09/12

I get calls on a regular basis from Montana homeowners who need foreclosure help. Like many Americans, Montanans who have fallen on hard times and lost their jobs have not been able to keep up with mortgage payments, as a result, they are in foreclosure. I’ve also chatted with quite a few folks who were [...]

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The Daily Docket: Apple Can’t Pursue Kodak Litigation

03/09/12

A judge Thursday said Apple Inc. couldn’t pursue patent infringement litigation against Eastman Kodak Co. over a patent the computer giant fears might be sold during Kodak’s bankruptcy before an ownership dispute is resolved. Read the Daily Bankruptcy review article via The Wall Street Journal.

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What Banks Stand to Lose as Mobile Wallets Make Gains

03/08/12

If banks do not preserve their own mobile app experience throughout the sales cycle they will miss the biggest part of the "big data" sequence: customer interaction before, during and after purchase.

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The Kids Aren't Alright

03/08/12

I'm certain we'll see another bubble and then a collapse in the next few decades because I've heard from the business students who've learned no lessons from the last one.

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‘Mockingbird’ Lawyer Helped Write Alabama Bankruptcy Rule

03/08/12

The Alabama lawyer and lawmaker whose stand against racism inspired a leading character in the novel “To Kill A Mockingbird” may have also laid the foundation for a major headache in Jefferson County’s bankruptcy case.

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The Daily Docket: J.P. Morgan Sees Merger for AMR

03/08/12

J.P. Morgan Securities LLC analysts said Wednesday they are “underwhelmed” by AMR Corp.’s standalone restructuring plan and believe it’s more likely that the parent of American Airlines will merge with a competitor. Read the article in Daily Bankruptcy Review.

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