If you are in Chapter 13 bankruptcy and you want to sell your house, it isn’t hard so long as you let your lawyer know early, and discuss how to do it before you get underway with the sale. Permission must be granted by the bankruptcy judge in charge of your case or your closing [...]
Susanne Robicsek, North Carolina Bankruptcy Attorney
Once a bankruptcy is filed, all creditors are supposed to stop trying to collect debts that are dealt with or discharged in your case. But what happens if a creditor contacts someone after bankruptcy? As soon as a case is filed, there is an automatic stay that protects you from your creditors, and they can’t [...]
Foreclosures have been frozen as lenders are purportedly investigating problems with mortgage documents. I wrote an article last week Foreclosures Stopped by Bank of America: Not Always Good News outlining some of the problems that people may run into with the freeze. In an article in the Washington Post Foreclosure freeze could put security clearances [...]
This article on the ‘new’ bankruptcy law was written in 2010, but is still relevent in 2012. Each year that passes gives us experience dealing with a law that is seen as one of the worst consumer laws passed in recent history. Bankruptcy attorneys across the country are taking note that we just passed [...]
Foreclosures by Bank of America have been stopped in all 50 states, which is good news for many homeowners frustrated by foreclosure documentation problems. It is good that some of the mortgage industry’s widespread problems are being examined, but stalled foreclosures may not be beneficial for everyone. This may actually worsen problems for some borrowers, [...]
If you filed for bankruptcy, you can get a copy of all your documents for a few dollars, or even free. I saw an online ad today that said something like this: Get the official bankruptcy documents you need instantly ……….for the low low price of $14.99 for your bankruptcy discharge, $29.99 for a few [...]
