Chapter 13 Bankruptcy

This is a story about how Bank of America violated the bankruptcy discharge, hacking off Gus and Nikoleta, and me.  (I’ve changed the names of Gus and Nikoleta–all the rest of this is true.)  And then hit Gus and Nikki for a “foreclosure fee” while they were current.  And then did it again.

Gus and Nikoleta came to see me in 2009.

Chapter 7 bankruptcies fix things; Chapter 13s allow the debtor to fix things.  

NATIONAL LEAGUE CHAPTER 13 TRUSTEES
vs.
AMERICAN LEAGUE CHAPTER 13 DEBTORS

Sometimes academics who study a subject lose the forests for trees. In the process, they perpetuate stereotypes that have no basis in fact.   And sometimes a cigar is just a cigar.

Filing a bankruptcy case is the first step in stopping a foreclosure on your home and the imposition of the “automatic stay” on collection activity stops the mortgage lender dead in their tracks, but for how long? Not long enough unless you do what the Bankruptcy Code requires. Make your post petition mortgage payments on [...]