keep your home despite a pending Massachusetts foreclosure
August 2009
In October of 2008, I wrote: 2008 will be remembered as the Year of the Bank Fee. Well, I was wrong. 2009 will be the year of the bank overdraft fee. According to an article that I read at CNN money, bank overdraft fees could exceed $38.5 million dollars. The scary part of the article [...]
People file pro se bankruptcy cases all the time. Corporations and limited liability companies sometimes try to do this. Bad idea. Very bad idea. People can file pro se bankruptcy cases because they are flesh and blood people. On the other hand, corporations and limited liability companies are considered “persons” only to the extent that [...]
Clients often worry that their boss might fire them if they file a bankruptcy case. But the Bankruptcy Code explicitly prohibits any employer from discriminating against a person in their employment because of their having filed for bankruptcy relief. Section 525 of the Bankruptcy Code is written in two parts. The first part explains that [...]
Recently, a number of my clients have been complaining that their mortgage servicer won’t speak with them after they received their bankruptcy discharge. What is going on? You would think the mortgage companies want to get paid – especially considering the number of foreclosures these days. I am told the servicers are of the opinion that their debt [...]
Transferring property to your children to avoid probate can cause big problems if a child files bankruptcy or is otherwise unable to pay his debts. There I was at the Ripley’s “Believe it or Not” museum in Myrtle Beach, South Carolina, when I came across a display of humorous tombstones. The one pictured above says, [...]
