South Florida Bankruptcy Courts Implement Mortgage Modification Mediation Program
By: Emil Fleysher | April 10, 2013 |
Bankruptcy
A mediation program is usually a great way for a plaintiff and defendant to sit down with a neutral arbiter to hash out their differences. And, to come to a resolution that is usually better than continued litigation. Mediation is successful in all types of disputes including personal injury cases, contract disputes, and even divorces.
Read More
Hospital Collections Question from a Visitor
By: Emil Fleysher | April 9, 2013 |
Bankruptcy
Q: My wife and I received a summons concerning a hospital debt of $722.00 started by a collection agency. What can we do? A: What you can do is contact the agency or agency's attorney. You can see if they are willing to settle the hospital debt for less than what you owe. Without knowing
Read More
Bankruptcy & Marriage Question from a Visitor
By: Emil Fleysher | April 7, 2013 |
Bankruptcy
Q: Will Marriage have a bad effect on Bankruptcy? My girlfriend wants to file for bankruptcy, because of the debt for house and credit. I wonder if we should wait for her discharge? Then we marry? A: You should wait for marriage until after her bankruptcy meeting of creditors. If you marry before filing, the
Read More
Collections Question from a Visitor...
By: Emil Fleysher | April 5, 2013 |
Bankruptcy
What is the connection between collection and foreclosure? Q: Chase ($7,092.00) to Midland Funding sold debt. They are trying to collect and I have not paid since 2009, when I lost my job. My husband is on Social Security and I am still not working. Our house is in Foreclosure. What should I do? A:
Read More
Foreclosure Speed-Up Bill Continues House Trek
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
Read More
Borrowers Are Discovering That Their Foreclosed Homes Are Coming Back To Haunt Them -- Long After They Have Moved Out
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
Read More
Insurer Can Sue for Unpaid Mortgage Debt
By: Emil Fleysher | March 12, 2013 |
Bankruptcy
The most important thing to learn before short selling a property or having the lender foreclose upon is whether or not the renouncing of the deficiency will happen. If the deficiency has been waived then you do not have to pay that debt. If the deficiency was not waived when your property was short sold
Read More
Some Helpful Tips in Preparing for Bankruptcy
By: Emil Fleysher | February 16, 2013 |
Bankruptcy
In today’s economy, oftentimes people are forced to choose between paying their bills or buying groceries. When they eventually decide they can no longer continue this way, bankruptcy can offer a fresh financial start. Whether your decision to file bankruptcy stems from a financial disaster or simply not having enough income to cover your expenses,
Read More
Florida Justices Side with Bank in Foreclosure Fraud Case
By: Emil Fleysher | |
Foreclosure
Read more about this foreclosure fraud case. The foreclosure fraud case, Roman Pino v. The Bank of New York was the first significant foreclosure case, the high court in Florida heard. That is since the housing collapse. Odder still is that the hearing of the case occurred after Pino had already settled with the bank
Read More
Look out for Common Bankruptcy Pitfalls!
By: Emil Fleysher | February 11, 2013 |
Bankruptcy
Bankruptcy is a legal process that helps us eliminate our debts and start afresh financial life. Furthermore, the purpose of bankruptcy is for you to declare your inability to repay your debts; even with the help of other debt relief or debt settlement options. Moreover, the bankruptcy laws enable you to take the required steps
Read More