Virtually everyone is affected by the mortgage crisis.  Whether or not you are having trouble keeping up with your mortgage, you are being hurt by the number of foreclosures going on in your community. Every foreclosure within a certain distance from your home is lowering the value of your home. The more foreclosures, the greater the decrease [...]
February 2009
Will The “Blue Dog” Democrats Prevent Your Neighborhood From Recovering From The Foreclosure Crisis?
The U.S. Court of Appeals, First Circuit, ruled recently that a chapter 7 bankruptcy debtor could not obtain dismissal of his case by citing his own failure to file payment advices, or other financial disclosure information required by section 521(a), in an effort to avoid losing an asset to the chapter 7 trustee. In re Acosta-Rivera, 2009 [...]
A website offering help over the internet in the form of software used to complete a bankruptcy filing is practicing law. Unless the website is run by a lawyer, its owner is violating the law by practicing without a license. The 9th Circuit Court of Appeals in the case of In re Reynoso, 477 F.3d [...]
The current economic crisis has reminded us all to look at our debt to income ratios. In the recent past, creditors have helped us forget to consider what is an appropriate amount of debt as they encouraged us to put everything on a credit card. There are some simple standards to follow and a few [...]
In a recent paper to appear in the Connecticut Law Review, Alan M. White, an Assistant Professor of the Valparaiso University School of Law, analyzes causes of the continued foreclosure crisis and steps that can used to curb it.  In the end, he concludes that even though Chapter 13 Bankruptcy represents a substantial cost to Debtors, [...]
In her article “House Vote on Help for Homeowners Delayed”, South Carolina consumer bankruptcy lawyer  Däna Wilkinson reports that a scheduled vote on a bill that would give bankruptcy judges the ability to restructure home mortgages was delayed after a group of so-called moderate Democrats expressed concerns about how the bill would affect homeowners who are not facing bankruptcy [...]
