Blog Posts in Mortgages and Bankruptcy

The primary purpose for filing a bankruptcy is to obtain a “fresh start”. That is, to be in a position to move forward without the weight of old unsecured debt dragging down ones ability to move ...

When the real estate market crashed, starting in 2007, we had many homeowners stuck in a situation where their homes plummeted in value so much that there was no equity at all. Thousands of homeowners ...

According to ABC News/Money, JP Morgan has stopped 50,000 foreclosures while it reviews documents for errors. http://abcnews.go.com/Business/wireStory?id=11759376 This decision appears to be the ...

Selling your home “short”… What does this mean and why would you want to consider it? When homeowners sell a home “short”, they are asking the lender to agree to the sale even though they will not be ...

Congress continues to ponder a change to the bankruptcy code that would allow bankruptcy Judges to treat mortgages the way that car loans (older than 2.5 years) are currently treated in a chapter 13 ...

The following are two lists. The first is a list of the most common reasons I encounter in representing clients with debt that force them to use a chapter 13 bankruptcy instead of chapter 7 ...