People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy. This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with the mortgage foreclosure crisis. Last year the House of Representatives passed H.R. 1106: The Helping Families Save Their Homes Act [...]
Offer inducements for homeownership and affordable housing more incisively and selectively through the tax system, where the cost is readily measurable and immediate.
This week on The Broke and the Beautiful, two Florida sports teams are feeling the heat from Scott Rothstein’s bankruptcy trustee. Also, Lenny “Nails” Dykstra motors into a plea deal, and British band UB40 is declared bankrupt.
October 20, 2011 Dear Insolvency Law Committee Constituency List members, please find attached an E-Bulletin regarding a newly enacted California statute: Governor Signs SB-4 (Calderon) Establishing New Requirements for Notices of Trustee Sales Most lenders with real property security in...
As Occupy Wall Street gains national attention bashing bankers, it's giving a free ride to the 'Other 99%' who enjoy the perks of a nation living beyond its means.
The possibility for fraud exists within the system of trusts set up by bankruptcy courts to deal with asbestos personal injury claims, although claims were down slightly in 2010 compared to the prior year, according to a new government report.
I receive many questions about credit repair after filing bankruptcy. Credit scoring and reporting is not a bankruptcy law issue; it is more a matter of personal finance. What follows is a Guest Post of Mr. Ed O'Brien who works in the are of personal credit, and who maintains a website on the subject.
