Month: April 2013

Foreclosure Speed-Up Bill Continues House Trek

Written By: Emil Fleysher | April 3, 2013 | Foreclosure
The bill to expedite the foreclosure process has passed its second committee, the House Justice Appropriations Committee, by a 9-2 vote. Known as House Bill 87, this bill allows third-party lien holders to start foreclosure proceedings. And, it rushes the final judgment of foreclosure if a legitimate defense is not filed. Objections from consumer advocates
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Borrowers Are Discovering That Their Foreclosed Homes Are Coming Back To Haunt Them -- Long After They Have Moved Out

Written By: Emil Fleysher | April 1, 2013 | Bankruptcy
Your home has been in foreclosure, possibly for years. And, the bank has finally set a sale date so you move out. You and your family are starting over in a new home. Moreover, you no longer think of your old home that the bank sold. That is, until years later when a debt collector
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