What if Protecting Your Home Is Your Highest Priority?
You may have serious financial problems but have still managed to keep current on your mortgage. How does bankruptcy NOT hurt your home but instead protects it?
State Sued for Diverting $50 Million from its Foreclosure Settlement Fund
The state with the highest foreclosure rate, Arizona, is being sued for violating the settlement's federal consent judgment by not using the funds for helping homeowners.
Some States Are Not Using Their Foreclosure Settlement Funds to Help Homeowners
States recently received $2.5 billion from the major banks for foreclosure prevention and related help for homeowners. But much of that is not being used for those purposes.
AARP Report Says More Older Americans Now Still Have Morgage Debt;foreclosures
Not only is the foreclosure rate climbing for older mortgage holders, it is climbing faster than it is for younger ones.
“Nightmare on Main Street,” the AARP’s Report on Older Americans Coping with the Continuing Foreclosure Crisis
This new AARP study reveals shifts in mortgage patterns with huge immediate and near-future consequences.
Your Bankruptcy Rights vs. Creditors’ Rights to “Not be Deprived of Property without Due Process of Law” under the Fifth Amendment
The U. S. Constitution doesn't talk about it, so how does filing bankruptcy give you the power to stop a foreclosure?
Debts You Really Care About, and WANT to Pay
In bankruptcy, are you allowed to favor: 1) creditors with collateral, so that you can keep the collateral; 2) creditors toward whom you have special loyalty; and 3) creditors who have extraordinary leverage against you?
Save Your Home with 5 Powerful Prescriptions Found in Your Chapter 13 Medicine Cabinet
Chapter 13 is often the best option for holding onto your home. That may be simply because it solves one of your major home debt problems, or instead because it solves a bunch of them all in one package.
Chapter 13 Should Not (Sometimes) Be Used to Save Your House
Although Chapter 13 is often the go-to prescription for hanging onto a home in financial distress, like most strong medicine it comes with side-effects. The simpler Chapter 7 "straight bankruptcy" may be the better solution for both short-term relief and long-term financial health.
Debts with Collateral–THE Fixation of Many Bankruptcies
Your vehicle loan, home mortgage, account at the appliance or electronics store, and maybe a debt that's resulted in a judgment lien--these debts with collateral are the ones that grab the most attention during a bankruptcy case. And that includes the attention of the creditors, very interested in "their" collateral.
Irony by Perjury Adds Insult to Injury: from Lender Robo-signing to Foreclosed Homeowners Begging for Scraps from the National Mortgage Fraud Settlement
Homeowners who lost their homes to foreclosure may need to commit perjury to get restitution payments through the settlement. That would be the deepest kind of insult on injury.
Update on the Cash Distribution to Foreclosed Homeowners from the National Mortgage Fraud Settlement
What qualifies you to receive the $1,500 to $2,000 restitution payment for losing your home to foreclosure? More clues have just become available.
Is the Home Affordable Refinance Program (HARP) 2.0 New and Improved Enough to Help YOU?
Under new rules coming on line, HARP is now available for refinances no matter how far your home is underwater. The 125% loan-to-value cap is no more.
Ten Terrific Tools for Saving Your Home through Chapter 13–Part 1
Powerful Chapter 13 gives you tools to solve your mortgage problems from a number of different angles. Plus it gives you other tools to deal with tax, support, and judgment liens on your home.
Getting Just Enough Help for Your Home through Chapter 7
When does filing a Chapter 7 "straight bankruptcy" case help you enough so that you don't need a 3-to-5-year Chapter 13 case?