According to a recent article in the Houston Business Journal, last fall a potential homebuyer found the home of his dreams listed for sale in Kingwood, a suburb of Houston. The home was listed for $339,000. Since the home was in disrepair, the buyer made an offer to purchase the home for $260,000.  The owners turned down [...]
February 2009
The entire U.S. House of Representatives is expected to take up H.R. 1106 (which now includes the provisions of HR 200) to allow for judicial modification of mortgages in chapter 13 bankruptcy this week, probably Thursday, February 27. The bill became part of a package of financial services legislation on the floor of the House. [...]
Legislation being considered in Congress, S. 61 in the Senate and H.R. 200 in the House, are typical examples of good ideas which leave out all the details. It is very important that Congress allow mortgages to be modified in Chapter 13. People need this. It has been reported that 10% of American homeowners stand [...]
HR200, a bill pending in Congress to allow for mortgage modification in chapter 13 bankruptcy, may be brought to the floor of the House of Representatives by Wednesday or Thursday of this week. Supporters should call or fax their members of Congress today or tomorrow. This law change will help people in foreclosure who don’t [...]
Parker & DuFresne, P.A., a law firm concentrating in the areas of consumer bankruptcy and foreclosure defense, announces the opening of its new office in Daytona Beach. For months, Daytona Beach residents would drive 90 minutes to our Jacksonville office for a consultation, so we knew there was a need that wasn’t currently being met [...]
If there is one thing that the Obama Administration can already claim is its ability to take unchartered directions quickly on issues that it deems important. Yet, in his first month as President he has failed to tackle the most pressing issue this Country is facing, Foreclosures. First, President Obama put together a team before [...]
