FORECLOSURE MODIFICATION PROGRAM ENDING SOON! ACT NOW TO TRY AND SAVE YOUR HOME!
If you or someone you know is facing foreclosure, the time to act is now. The HAMP program (Home Affordable Modification Program) is set to come to an end at the end of this year, 2016.
KEEP READING . . .4 Tips to Help Plan What to Wear to Your Bankruptcy 341 Meeting
It’s a question that every bankruptcy attorney gets asked. It’s also something that’s so simple and often overlooked, but can lead to disaster. The question is what should a bankruptcy debtor wear to the 341 meeting of creditors. Here are four things you should keep in mind when thinking about what you should wear to court […]
KEEP READING . . .Does Bankruptcy Automatic Stay Stop Child Support Proceedings?
[huge_it_video_player id=”7″] People file for bankruptcy for many reasons. Often, one pressing reason is to get a stay of some kind of case or some kind of judgment execution, such as a garnishment. Claims for domestic support obligations (DSOs) hold a special place in the bankruptcy code, as it is afforded greater priority and protection […]
KEEP READING . . .Homeowners: Keep mortgage servicers accountable in foreclosure cases
For the many homeowners that have had to deal with foreclosure, or are currently dealing with foreclosure, there is a universal frustration in working with the mortgage servicers. Countless individuals express frustration at sending documents that are allegedly never received. Others are shocked by an extension of a trial modification, only to never be converted […]
KEEP READING . . .Bankruptcy Discharge Injunction NOT applicable to Some Nondischargeable debts
People that file for bankruptcy often expect two things: the protection of the automatic stay when filing, and then the protection of the discharge injunction after they get their discharge. Another thing many debtors understand when it comes to bankruptcy is that some kinds of debts are nondischargeable, such as student loans or some kinds […]
KEEP READING . . .Being Misleading in Your Bankruptcy Case May Cost You Your Porsche
Bankruptcy courts are fairly liberal in allowing a debtor who has filed a chapter 7 case to convert it to a chapter 13 case, if necessary. That ability to convert, however, is not absolute. In reviewing such an application by a debtor, the court will look to see if the debtor had engaged in any […]
KEEP READING . . .If you file for bankruptcy, are you harmed if YOUR attorney doesn’t go to court with you?
Any attorney who practices consumer bankruptcy has the contact of information of several “appearance” attorneys. When I go to 341 meetings, I’m often a little taken aback when a debtor, waiting for their case to be called, hears their name being called by an attorney they don’t know. A recent case from the bankruptcy court […]
KEEP READING . . .Using Bankruptcy to “Strip” Liens on Investment Property
One of the great tools bankruptcy provides is the ability to avoid undersecured and wholly unsecured liens (often referred to as “stripping down” a lien or “stripping off” a lien). If you owned investment properties that are currently underwater, what if I told you there might be a way to reduce the outstanding mortgages on […]
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