One thing you can say about the latest financial meltdown, it has brought a new lingo to everyday usage. The “too big to fail” concept has been around a long time in banking regulation but not many had heard the term until the last couple years. The perversity of this is how much it is [...]
January 2010
If you are planning on filing for bankruptcy soon after moving out of your marital residence, there are some potentially serious issues to consider. While filing for bankruptcy soon after separating from your spouse and leaving your home is entirely permissible, you should be sure you are fully aware of the consequences, particularly if you have equity in your [...]
Top 10 secrets banks do not want you to know.
what are bankruptcy costs and fees in Massachusetts
There are realistic hopes with foreclosure litigation. It can stall a foreclosure and lead to an affordable resolution. There are also unrealistic hopes. A deceptive adjustable rate mortgage doesn’t hurt you if you can’t pay the original payment. An unenforceable retroactive assignment probably won’t help you if your foreclosure begins after the date of the [...]
Bankruptcy is often accompanied by other life changing events. These can be anything from the loss of a job or business to a divorce. Sometimes you are warned as to what is going to happen and sometimes you don’t. When you do know what’s going on, the timing of filing for bankruptcy can be critical. [...]