Bankruptcy Blogs

The Theory of Money - (Part 2 of March 7th Posting)

03/21/11

(From the March 7, 2011 posting for background)

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The Theory of Money - (Part 2 of March 7th Posting)

03/21/11

(From the March 7, 2011 posting for background)

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What is a Redemption of Property in Chapter 7

03/19/11

If you are purchasing a vehicle and you file Chapter 7, your options are (1) surrender the vehicle, (2) reaffirm the existing loan, or (3) redeem the vehicle by paying the lender fair market value.  Redemption, which is described at Section 722 of the Bankruptcy Code used to be an uncommon choice.  More recently, however, several lenders have entered the market to finance Section 722 redemptions.  In this video, I discuss how redemptions work and how to know if a Motion for Redemption under Section 722 is a good idea.

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Chapter 13 Bankruptcy Mortgage Mediation Seems To Be Working Well

03/18/11

Mortgage mediation in Chapter 13 bankruptcy is turning out to be more effective than mediation ordered in state court foreclosure cases. This, according to a report presented at a local attorneys’ meeting. Mortgage lenders express greater willingness to modify first  mortgages of debtors in Chapter 13 bankruptcy compared to other debtors already facing foreclosure in state court.

The explanations given are common sense.

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Need Loan Modification of Your Mortgage? Don’t Get Ripped Off

03/12/11

Tools of the Trade for a Consumer Lawyer- NCLC Lawbooks

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Need Loan Modification of Your Mortgage? Don’t Get Ripped Off

03/12/11

Tools of the Trade for a Consumer Lawyer- NCLC Lawbooks

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Pro or Con, Durbin Rule Gets Out the Vote

03/11/11

A reader poll on the effects of the debit interchange cap galvanized both sides of the argument, sparking 10 times American Banker's average response and even a rallying cry over Twitter from the Independent Community Bankers of America.

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