Why can’t I get a short sale closed? Ask your Senator. Bankruptcy to follow By David Leibowitz, Illinois and Wisconsin Bankruptcy Attorney on May 16, 2009 in Uncategorized You are way underwater. You can’t modify your mortgage in chapter 13. The Senate made sure of that when it voted down mortgage modifications in chapter 13. [...]
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By Michael Doan on May 2, 2009 in Foreclosure Defense, Foreclosure News Recently, many California Courts have been dismissing lawsuits filed to stop non-judicial foreclosures, ruling that the non-judicial foreclosure statutes occupy the field and are exclusive as long as they are complied with. Thus, in the case where a notice of default is recorded [...]
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By GRETCHEN MORGENSON Published: February 28, 2009 WE are all learning, to our deep distress, how the perpetual pursuit of profits drove so many of the bad decisions that financial institutions made during the mortgage mania. But while investors tally the losses that were generated by loose lending so far, the impact of another lax [...]
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If you have other questions or wish to suggest a new category, just let me know and I’ll post one. Thanks, Charles
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