Category: Mortgage Issues
By Karen Oakes, Southern Oregon Mortgage Law Attorney
closeAuthor: Karen Oakes, Southern Oregon Mortgage Law Attorney
Name: Karen Oakes, Southern Oregon Mortgage Law Attorney
Email: oakeslaw@gmail.com
Site: http://www.oakeslawoffice.com
About: See Authors Posts (17) on Feb 28, 2010 in Mortgage Issues, Mortgage Modification, Mortgage Reform, Uncategorized | 0 Comments
The December report of the Congressional Oversight Panel comes as no surprise to consumers and their attorneys; TARP may have prevented a bigger financial crisis for the United States but it has failed to stem the foreclosure crisis
By Kurt O'Keefe, Detroit Consumer Attorney
closeAuthor: Kurt O'Keefe, Detroit Consumer Attorney
Name: Kurt O'Keefe, Detroit Consumer Attorney
Email: koklaw@gmail.com
Site: http://www.koklaw.com
About: Solo practitioner, 28 years in practice, certified in Consumer Bankruptcy by the American Board of Certification, Michigan State Chair for the National Association of Consumer Bankruptcy Attorneys, Martindale-Hubble av rated (highest rating)See Authors Posts (54) on Jan 31, 2010 in Mortgage Issues | 0 Comments
In some states, once bank forecloses and gets your house back, you do not owe them any money.
But not everywhere.
Check with an attorney in your state.
In Michigan, we have foreclosure by publication, an auction process, or through a court.
If the mortgage company bids the amount you owe at the foreclosure auction, you owe them nothing.
By L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
closeAuthor: L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
Name: L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
Email: jed@berlinerlaw.com
Site: http://www.berlinerlaw.com
About: Attorney L. Jed Berliner has concentrated his law practice in bankruptcy, commercial litigation, creditors' rights and debtor's remedies since 1982, having generally practiced since 1976. He opened the Berliner Law Firm of Springfield, Massachusetts in 1988 and now practices exclusively in consumer bankruptcy and related consumer protection litigation.
Attorney Berliner received his Bachelor of Arts Degree from Cornell University in 1972, and his Juris Doctor degree from the University of Kansas in 1977. He practiced general law in northern Michigan, established a bankruptcy concentration in Boston, MA in 1982, and established his Springfield, MA practice in 1988.
Attorney Berliner is a regular and active contributor to the Bankruptcy Law Network, the Bankruptcy Roundtable, and the National Association of Consumer Bankruptcy Attorneys, three specialized consumer bankruptcy forums on the Internet, and is an informal mentor to regional practitioners. He contributed to the local rules on electronic filing rules and is recognized by his peers as an expert in consumer bankruptcy issues. He thoroughly enjoys being rated "excellent" in his client surveys.See Authors Posts (24) on Jan 25, 2010 in Foreclosure Process, Mortgage Issues | 0 Comments
A Google search for” Massachusetts foreclosures” won’t easily get you to the information you need, such as what defenses do you have, how long is the foreclosure process, and how long can you stay after the foreclosure sale.
I know. I’ve just tried it. I got a long list of properties being sold through foreclosure, targeted [...]
By Peter Orville, New York Consumer Attorney
closeAuthor: Peter Orville, New York Consumer Attorney
Name: Peter Orville
Email: peteropc@pronetisp.net
Site: http://www.peterorville.com
About: See Authors Posts (17) on Jan 25, 2010 in Mortgage Issues, Mortgage Issues In Bankruptcy, Uncategorized | 0 Comments
Mortgage companies are well known for having numerous and continuous problems keeping a proper accounting of the mortgages they hold. This is particularly true in the context of a Chapter 13 case where the mortgage company is paid by the Chapter 13 Trustee for the pre-petition arrears, and by the homeowner for the ongoing post-petition monthly mortgage payments. [...]
By Wendell Sherk, Missouri Attorney
closeAuthor: Wendell Sherk, Missouri Attorney
Name: Wendell Sherk
Email: wjsherk@alum.wustl.edu
Site: http://www.stlbankruptcy.com
About: I have been a consumer attorney since 1989. Our firm represents consumers almost exclusively, primarily but not exclusively in bankruptcy court. My partner and I have each represented bankruptcy trustees as well as creditors. If you live in Eastern Missouri, visit our website, send an e-mail or give us a call (314) 781-3400. Please mention Mortgage Law Network.See Authors Posts (21) on Jan 25, 2010 in Mortgage Issues | 0 Comments
One thing you can say about the latest financial meltdown, it has brought a new lingo to everyday usage. The “too big to fail” concept has been around a long time in banking regulation but not many had heard the term until the last couple years. The perversity of this is how much it is [...]
By L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
closeAuthor: L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
Name: L. Jed Berliner, Marlborough & Springfield, MA Foreclosure Defense Attorney
Email: jed@berlinerlaw.com
Site: http://www.berlinerlaw.com
About: Attorney L. Jed Berliner has concentrated his law practice in bankruptcy, commercial litigation, creditors' rights and debtor's remedies since 1982, having generally practiced since 1976. He opened the Berliner Law Firm of Springfield, Massachusetts in 1988 and now practices exclusively in consumer bankruptcy and related consumer protection litigation.
Attorney Berliner received his Bachelor of Arts Degree from Cornell University in 1972, and his Juris Doctor degree from the University of Kansas in 1977. He practiced general law in northern Michigan, established a bankruptcy concentration in Boston, MA in 1982, and established his Springfield, MA practice in 1988.
Attorney Berliner is a regular and active contributor to the Bankruptcy Law Network, the Bankruptcy Roundtable, and the National Association of Consumer Bankruptcy Attorneys, three specialized consumer bankruptcy forums on the Internet, and is an informal mentor to regional practitioners. He contributed to the local rules on electronic filing rules and is recognized by his peers as an expert in consumer bankruptcy issues. He thoroughly enjoys being rated "excellent" in his client surveys.See Authors Posts (24) on Jan 23, 2010 in Mortgage Issues, Mortgage Issues In Bankruptcy | 0 Comments
A Chapter 13 bankruptcy filing can get rid of a second mortgage if the balance of the first mortgage is greater than your home’s value. So can a Chapter 7 filing, in some places.
You’re having trouble paying the mortgage, especially for a home that has fallen in value, but you can’t think about moving because [...]
By Kent Anderson, Oregon Bankruptcy Attorney
closeAuthor: Kent Anderson, Oregon Bankruptcy Attorney
Name: Kent Anderson
Email: kent@kentandersonlaw.com
Site: http://www.kentandersonlaw.com
About: I was admitted to practice in Oregon in1978 and have practiced in the Oregon Bankruptcy Court since I was admitted to the federal court bar a few months later. I am designated as a Consumer Bankruptcy Specialist by the American Board of Certification, and have completed both the Max Gardner Bankruptcy Litigation Bootcamp and the Peter Barry Fair Debt Collection Practices Act Bootcamp. I am a member of the National Association of Consumer Advocates and have dedicated my practice to consumer advocacy. Mortgage Servicer abuse "correction" through bankruptcy adversary proceedings has become a matter of special interest in recent years. Many years of experience in practice before the Internal Revenue Service and Oregon Department of Revenue has made me a valued referral source for accountants, tax preparers and other attorneys.See Authors Posts (36) on Jan 6, 2010 in Mortgage Issues | 0 Comments
In his presidential campaign Obama promised to support judicial modification of home loans. This promise remained on his campaign website until he was inaugurated as president. When the new president’s Obama White House website went up, the promise of support for judicial modification of home loans went down and was nowhere to be found. The [...]
By Carmen Dellutri
closeAuthor: Carmen Dellutri
Name: Carmen Dellutri
Email: Cdellutri@DellutriLawGroup.com
Site: http://www.DellutriLawGroup.com
About: Carmen Dellutri, Esq., Consumer & Bankruptcy AttorneySee Authors Posts (30) on Jan 6, 2010 in Foreclosure News, Mortgage Issues, Mortgage Modification, Mortgage Reform, Uncategorized | 0 Comments
The other day I wrote a blog containing my thoughts on the recently enacted “Hope for Homeowners Act of 2008″. After giving the new law more thought and listening to some recent news clips, I decided to detail more problems with the legislation. This law has no teeth because of the voluntary participation aspect. That’s right, [...]
By Däna Wilkinson, Attorney at Law
closeAuthor: Däna Wilkinson, Attorney at Law
Name: Däna Wilkinson, Attorney at Law
Email: danawilkinson@charter.net
Site: http://www.danawilkinsonlaw.com
About: I am an attorney in a solo practice in Spartanburg, South Carolina. I am a certified specialist in bankruptcy and debtor/creditor law, and limit my practice to those issues.See Authors Posts (30) on Dec 31, 2009 in Foreclosure News, Mortgage Issues | 0 Comments
Anyone who works with consumers these days–attorneys, housing counselors, lenders, and brokers and, for that matter, anyone who reads media reports on the mortgage crisis–has no doubt reacted to some tale of financial woe like this: “How could anyone be that dumb!” We’ve all heard some version of the exploding ARM, the payments which are [...]
By Karen Oakes, Southern Oregon Mortgage Law Attorney
closeAuthor: Karen Oakes, Southern Oregon Mortgage Law Attorney
Name: Karen Oakes, Southern Oregon Mortgage Law Attorney
Email: oakeslaw@gmail.com
Site: http://www.oakeslawoffice.com
About: See Authors Posts (17) on Dec 27, 2009 in Mortgage Issues, Predatory Lending | 0 Comments
Washington Mutual’s history of reckless lending and predatory tactics doomed the 119 year institution to failure in 2008. WaMu specialized in subprime home loans and more than 1/3 of WaMu subprime loans failed.