Possible New Bankruptcy Laws to Require Mortgage Modification?
Over the past two weeks, new legislation has been introduced into both the Senate and House which would allow mortgages to be modified on personal
Over the past two weeks, new legislation has been introduced into both the Senate and House which would allow mortgages to be modified on personal
I get this question all the time from clients. “I received my discharge 3 months ago and am still getting billing statements from my lender.
Countrywide refused to obey a Bankruptcy Court Order and abused clients of Doan Law Firm. Despite repeated requests by Doan Law to have Countrywide Cease
Facing foreclosure? About to go into default? Has the value of your house plummeted? Unfortunately, many Californians are now answering yes to these questions. Luckily,
The Local Bankruptcy Court recently confirmed in one its tentative rulings that Orders stripping off wholly unsecured junior liens from residential real estate can take
In one of our cases last week, the local Bankruptcy Court ruled that 506 valuation can not take place in a Chapter 13 plan unless
In our clients’ case, Judge Adler recently ruled that lien stripping may now take place by plan confirmation. This decision will save debtors thousands of
If so, then you may eventually need to move. Nevertheless, new laws in California now require that you receive at least 60 days notice prior
A non-judicial foreclosure will now require an additional step for most foreclosures in the State of California commencing September 6, 2008. This new requirement, under
CREDITORS BEWARE: If you file an unlawful proof of claim against our clients, you will receive an objection and possibly be subject to attorney fees,
Stay tuned, more on this blog to be published soon re the amazing effects of chapter 13 under Title 11 in today’s Economy! Written by Michael G.
To see if you qualify to remove your second mortgage from your house, answer the following questions: 1) Is the value of your house less
Dont walk from your house yet! Did you know that you can reduce and remove some mortgages in Chapter 13? To read more, please click
Its still a problem. Lenders trying to foreclosure must prove they have the ability to foreclose. They must have the rights to foreclose. But
In California, its not uncommon to stay in a home for up to a year that is being surrendured in bankruptcy. Additionally, by employing state law
Central to the mortgage bailout plan is the refinance of adjustable rate mortgages to fixed rate mortgages. There is even a plan to nearly double the
All the time, my clients tell me that they are receiving calls and letters from people promising them that they can save their house. Other
HR 3648 is a Xmas gift. Just passed by Congress it will fix part of the mortgage tax problem, retroactive to January 1, 2007. But
My last article laid out the framework for the bankruptcy real estate cocktail. This article will attempt to predict how that cocktail will be served
There are many bright Real Estate Attorneys out there. Likewise, there are many bright Bankruptcy Attorneys out there. But I don’t think there are that
This question has been bouncing around in my head for the last six months. The question stems from the problem most underwater California homeowners
The California Rules or “So What Happens If I Let My California House Go Back To The Bank?” I get this question a lot. The answer
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