foreclosure

“A full-fledged recovery in the housing sector will likely elude the U.S. in 2012.” — Frank Nothaft, chief economist for mortgage-finance company Freddie Mac A rising number of foreclosures and a stagnant economy add up to another difficult year for Montana homeowners. If you are one of the thousands of Montana homeowners in danger of [...]

Previously, I discussed the bankruptcy rule that employers cannot fire or otherwise discriminate against employees because they filed for bankruptcy.  However, I also mentioned the difficulty in sometimes proving the causation element between the filing and the discrimination, and the fact that a bankruptcy will still come up on credit checks and other types of [...]

New York is a world apart of the rest of the nation when it comes to rent control, or rent stabilization laws. The City, over the years, has manipulated—often capped—rent prices with surprising consistency. In 1948, FDR instituted the first rent control laws in the United States. As our boys came home from World War 2 and [...]

Bankruptcy After Foreclosure The primary reason that a consumer would file bankruptcy after going through foreclosure is to protect against a deficiency judgment. With foreclosure rates at an all time high, many homeowners have heard that losing a home in foreclosure is not necessarily the end of the road and unfortunately, they’re right. Deficiency Judgments [...]