Testimony in In re Kemp Damaging for Mortgage Industry
Chapter 13, ForeclosureThe Court in In re Kemp 2010 WL 4777625 (Bankr. D. N.J. November 10, 2010) held that a claim filed by a mortgage servicer would be disallowed when that creditor did not have possession of the note and the note was not endorsed to the creditor at the time the claim was filed. The bankruptcy […]
Keeping Your Home When Filing Bankruptcy
Bankruptcy Law Overview, Chapter 13, Chapter 7, Exemptions, Foreclosure, ModificationsA fundamental part of deciding to file bankruptcy is helping our clients achieve their financial goals. One of the toughest decisions clients struggle with is deciding whether to keep their homes. Many Californians are faced with underwater property values; denied loan modifications; falling behind on mortgage payments when their teaser rate terms end; and the fact […]
