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BANKRUPTCY LEGAL NEWS
Senate Bill 2636 (Harry Reid, D, NV), which contains a provision that would allow for the modification of home mortgage loans in bankruptcy, will be up for a vote by the full Senate next week. I urge anyone out there to contact your Senators and urge them to pass this legislation and specifically to keep this [...]
Publ.Date : Thu, 28 Feb 2008 02:28:33 +0000
According to RealtyTrac, on online marketplace for foreclosed properties, a total of 925,986 houses were at some point in the foreclosure process during the first six months of 2007. This was a 55% increase compared to the same time period in 2006. That equates to one foreclosure for every 134 households during the first half [...]
Publ.Date : Sun, 07 Oct 2007 08:28:20 +0000
In my experience, most of my clients find it a difficult decision to file for bankruptcy. I find that their concerns and fears are not related to the economics of the situation. That part is usually painfully clear. The fears and anxiety about bankruptcy most of the time arise because of personal [...]
Publ.Date : Fri, 17 Aug 2007 14:48:00 +0000
I read an article today from amNY.com about a hairdresser in New York who went to a debt referral agency called “Debt Choice.” They put her in touch with an attorney that does debt settlement negotiation. The firm was Seidelman Law Firm and the hairdresser ended up filing for bankruptcy in order to [...]
Publ.Date : Fri, 22 Jun 2007 21:49:00 +0000
Foreclosure filings across the United States rose 47% in April compared to the year before. The rate is up to 1 out of every 775 households. The housing boom of the 1990’s and early 2000’s caused many people to speculate in the housing market. They would purchase and try to “flip” properties [...]
Publ.Date : Fri, 01 Jun 2007 16:59:00 +0000
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