For the last few years, I have witnessed a steady stream of homeowners flowing through my office who are dumbfounded by their inability to get a mortgage modification. And for years, I have been telling them all the same thing: YOUR SERVICER DOESN’T WANT TO MODIFY YOUR LOAN! The truth of the matter is that, [...]
Chip Parker, Jacksonville Bankruptcy Attorney
WHAT: Bankruptcy attorney Chip Parker will join The Honorable Paul M. Glenn, Bankruptcy Judge, and the Chapter 13 Bankruptcy Trustee Douglas Neway to discuss the bankruptcy court’s new Bankruptcy Residential Mortgage Mediation Program. WHEN: January 5, 2012 at 9:00 a.m. EST WHERE: WJCT 89.9 FM or listen live on the internet DESCRIPION: Earlier this month, the [...]
In the latest foreclosure decision out of Florida, the 4th District Court of Appeal, in the case of McLean v. JP Morgan Chase, ruled that the plaintiff in a foreclosure must prove it owns and holds the note at the time the foreclosure case is filed. In the McLean case, the appellate court reversed the [...]
In a recent BLN post, I suggested that student loans used for “for-profit” colleges be dischargable in bankruptcy since they make up only 10% of the guaranteed student loan market but account for 50% of the defaulted student loans. However, lest you think your sacred alma mater is above reproach, the evidence is clear that [...]
Is there any wonder there is so much discontent in this country? Nationwide, HAMP has been nothing less than a dismal failure for struggling homeowners trying to get some kind of return on the hundreds of billions of dollars dolled out to Wall Street in taxpayer TARP bailout, and our inept Congress has done virtually [...]
Congtressman Clarke makes a modest proposal The latest news out of the Department of Education is that student loan default rates have risen 25% over previous figures, and the increase is especially pronounced among for-profit colleges. This should come as no surprise in dismal economy, but the economy is a copout to the real problem [...]
