By Cathy Moran, California bankruptcy lawyer on May 9, 2007 in General Bankruptcy Information, Mortgages | 0 Comments
Secured creditors get a better deal in bankruptcy than unsecured creditors. Our Anglo Saxon based law has long given importance to the rights of property owners, and that’s what a secured creditor is: the owner of an interest in the debtor’s property. That interest in property, whether real property or personal property, is [...]
Popularity: 2% [?]
By Douglas Jacobs, California Bankruptcy Attorney on May 9, 2007 in California, Foreclosure Issues, General Bankruptcy Information, Mortgages | 0 Comments
In California, there are two ways to foreclose on a piece of property: through a title company, and by a judicial process in court. Most of the time a title company is used, because it is quicker and less expensive.
A title company foreclosure starts with a notice of default: a legal document sent to [...]
Popularity: 6% [?]
By Jonathan Ginsberg, Atlanta Bankruptcy Attorney on May 9, 2007 in Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Georgia, Mortgages, Reaffirmation of Debts, Role Of The Lawyer | 0 Comments
Not every real estate ownership situation is “clean” and easy to fit into a bankruptcy. I recently received the following email from a lady named Bonnie, which reads as follows:
i have a house which i live in, i also have a rental property, that my daughter lives in, the deed to the rental property is [...]
Popularity: 4% [?]