How Chapter 13 Stops a Pending Mortgage Foreclosure
Chapter 13 is widely known as the fastest and most effective legal action you can use to stop a foreclosure – even a foreclosure scheduled for the next few days. ... Read full article
Chapter 13 is widely known as the fastest and most effective legal action you can use to stop a foreclosure – even a foreclosure scheduled for the next few days. ... Read full article
Homeowners experiencing financial difficulties can avoid losing their homes by getting a mortgage modification. The trouble many people have is getting their mortgage company to agree to grant them an affordable modification. ... Read full article
If the mortgage on your home is defective, a chapter 7 trustee can sell the entire home even if you’re current with your payments and despite the absence of a payment default. You get any equity – and good luck with obtaining a new mortgage – but the ... Read full article
Here at Bankruptcy Law Network , we have posted extensively about how in a chapter 13 case a second mortgage can be “stripped”, that is, treated as an ordinary unsecured debt. That is a powerful incentive to choose a chapter 13 if you can “ strip ” your ... Read full article
You can get rid of a second mortgage in a Chapter 13 bankruptcy, but beware the opposing expert. ... Read full article
A Central Illinois Bankruptcy Court Judge ruled the trustee who oversees administration of a bankruptcy case can avoid mortgage liens that do not comply with an Illinois law that requires the mortgage contain notice of the interest rate, loan amount and ... Read full article