California Homeowner’s Guide To Stop Foreclosure
Chapter 13, Foreclosure, Modifications, Short SalesBuying a house is the single most expensive purchase we make during our lives. It’s stressful and time consuming to go through the escrow process to get those keys. Then, there is the time and cost of maintaining that home while keeping up with those mortgage payments, which may or may not include taxes and […]
Mortgage Servicing Statements in Bankruptcy Fraught With Errors
Avoid Liens, Chapter 13, Discharge Violations, Foreclosure, Judicial Liens, Junior Mortgage, Modifications, Short SalesWhat happens when you take a homeowner who defaults on their mortgage into bankruptcy to stop the foreclosure sale? You get a situation that is disease ridden with errors. Katie Porter (@MsKatiePorter) recently wrote about this over at Credit Slips (@CreditSlips) in her article, What do bankruptcy mortgage servicing and Ebola have in common? where […]
Chapter 13 Bankruptcy Stops Foreclosure
Chapter 13It seems like the mortgage crisis is over and we’ve all moved on to better days. Have we really? I recently read an article that discussed whether adjustable rate mortgages are coming back too soon. Adjustable rate mortgages were being sold all the way into 2008 when the economy nearly collapsed under the toxic securitized […]
Temporary Foreclosure Relief enacted in California
Bankruptcy Law Overview, Chapter 13, Foreclosure, ModificationsThe following information has been provided by the Insolvency Law Committee – Business Law Section of the State Bar of California. The bulletin was prepared by Gary Kaplan, Special Counsel at the law firm of Farella Braun + Martel LLP in San Francisco. In the bulletin, Gary Kaplan writes, “On November 30, 2009, the Departments […]
