Bankruptcy Law

Dealing with mounting and seemingly out of control debt leads many people to bankruptcy. While considering bankruptcy, you may wonder whether it is possible to refinance your mortgage loan and...

Seeking bankruptcy relief allows you the ability to protect yourself from certain actions by your creditors. If you're like many debtors, your primary asset is your home. One of the reasons you...

Consumers from all walks of life face delinquent mortgages and wonder what course of action to take in this situation. One viable option that can be pursued to cure a delinquent mortgage is filing...

Filing a Chapter 13 bankruptcy case allows you the ability to develop a payment plan through which you pay off most of your creditors over a two- to five-year period of time. If you have a home...

By filing a bankruptcy, you take an affirmative step toward keeping your home even if your home mortgage lender foreclosed on your property.There are steps that you take in bankruptcy court that...

If you find yourself struggling with debt, including falling behind on your mortgage payments, you need to familiarize yourself with foreclosure and bankruptcy law. The provisions of foreclosure...

Filing bankruptcy automatically invokes the stay of proceedings described in Section 362 of the U.S. Bankruptcy Code. The stay is similar to an injunction, and applies in all cases filed under all...

A business that owns real estate facing foreclosure is in a challenging situation. There are, however, options available to avoid a business foreclosure. By taking a proactive approach to...

If you are seeking or are interested in becoming a foreclosure prevention specialist of some type, there are a variety of job descriptions associated with this type of position. These jobs require...

Yes, you can apply for a loan modification while in bankruptcy.

"Chapter 13" is the shorthand way of referring to Chapter 13 of Title 11 of the U.S. Code, which lays forth the procedures, rules and requirements for filing bankruptcy as an individual with...

If you are contemplating filing for bankruptcy and maintain a reverse mortgage, you may be wondering how such a legal action will impact your loan and ownership interest. Understanding how to file...

The federal government has created the HOPE for Homeowners and the Making Home Affordable Modification programs to help you work with your mortgage lender and reduce your payments to an amount you...

A foreclosure occurs when a homeowner has been behind on his or her mortgage and all attempts by the bank to get the homeowner to bring the loan current have failed. The exact process governing...

If you can read detailed instructions and follow them to the letter, then filing your own Chapter 13 bankruptcy in Florida is certainly possible, although an experienced Florida bankruptcy lawyer...

Utah state laws on foreclosure provide protections for homeowners who have fallen behind on their mortgage payments. Those protections include notice from the lender that the lender intends to...

When you borrowed money to buy your house, you promised to repay that money and if you don't repay you promised to give up your house to pay off the debt. The legal process by which a lender takes...

Home foreclosure describes when a creditor attempts to recover money that a person owes by taking a home and selling it at auction. The majority of home foreclosures happen when a person is unable...

Let's face it, when you're up to your neck in bills, you'll soon find yourself with the difficulty of paying your loans, mortgage loans, second mortgage loans, or any secured or unsecured credit,...

A record number of people from across the United States are facing foreclosure on their residences as well as on commercial real estate. If you at ofre facing the prospect of foreclosure or if you...

Home sales are up but so are foreclosures. The dishonest are learning to be more and more convincing in the latest mortgage fraud scams. Here are some things to keep in mind if you are worried...

Filing for Chapter 13 can help you get rid of your second mortgage

Facing the foreclosure of your home by your mortgage lender is one of the most stressful, frightening, and often avoidable events in your life. Sometime there is no doubt that for whatever reason...

No one ever buys a home thinking that they will one day lose it to foreclosure. It is a terrible thing to have to give up a home but sometimes it is the only option left for a homeowner. There are...

Florida has one of the highest rates of foreclosure in the country. If you are currently living and looking to stop foreclosure in Florida, it is then critical for you to know the process you need...

There seems to be a problem with the government web site offering affordable mortgage assistance. People are reporting they have been solicited by law firms offering help, that are scams. This is...

Bankruptcy and foreclosure are both legal actions. However, while bankruptcy and foreclosure are both debt resolutions that involve consumers who cannot pay their bills, there are some...

A sheriff's sale takes place because a homeowner could not pay his mortgage. The lender that sold him the mortgage files a lawsuit against the homeowner to regain the rights to the property. The...

No segment of the economy has been hit as hard as real estate. This has left many homeowners scrambling for mortgage assistance as prices continue to fall and mortgage payments go up. Before...

If you find yourself in a tough financial situation that leads you to miss some mortgage payments, you may think there is nothing you can do to stop the foreclosure process. Fortunately for you...

When you took out a mortgage loan on your house -- whether conventional mortgage, adjusted rate (ARM) or subprime -- you signed a piece of paper known in the banking business as the...

The mortgage foreclosure process can vary from state to state, but it's usually when a lender institutes the foreclosure to obtain ownership of the borrower's property. Avoid mortgage foreclosures...

In Florida, mortgage foreclosure is similar to every other state in the United States. Make mortgage payments or renegotiate the terms of a mortgage in Florida with help from a civil mediator in...

Pay the back mortgage payments, interest, attorney's fees and incurred costs to stop a mortgage foreclosure. Contact the lender to renegotiate the terms and conditions of a loan with help from a...

The best way to avoid foreclosure is to make mortgage payments on time and in accordance with the mortgage. Come up with a temporary payment plan by contacting the lender with help from a civil...

Filing for bankruptcy will not stop a mortgage foreclosure, but it may delay the foreclosure so that payments can be made. Find out how to use a bankruptcy for the issuance of an automatic stay...

The best way to stop immediate foreclosure is to pay back the mortgage payments with interest, as well as attorney fees and costs incurred by the lender. Renegotiate the terms and conditions of a...

There are some programs through the IndyMac Federal Bank that entail government assistance, which may provide assistance in stopping a foreclosure. Pay a mortgage directly or renegotiate mortgage...

The point of a mortgage foreclosure is so that a lender can satisfy the debt of the mortgage that is on a home. Consider lengthening the term of a mortgage or contacting an alternative lender with...

The USDA does not provide direct financing, so loans from the USDA are insured. Contact the conventional lender to renegotiate the terms of a mortgage with help from a civil mediator in this free...

HUD, or the Department of Housing and Urban Development, does not provide direct loans, so there will still be mortgage or loan through a conventional mortgage holder. Contact HUD to see if that...

Check with the Federal Housing Administration for government refinancing programs that will help in refinancing a mortgage and lowering the interest rate on a monthly mortgage payment. Get help in...

Bankruptcy and foreclosure can both be bad situations, and determining which is worse depends on the individual's situation. Decide whether to liquidate assets or sell a home to pay off a mortgage...

Foreclosures have skyrocketed in recent years as homeowners who thought they could afford their homes discovered that they couldn’t. One of the culprits were adjustable interest loans that looked...

You are in financial trouble and every month it seems to be getting worse, but should you be considering filing bankruptcy instead of continuing to try to pay your debts? Read these tips to learn...

In today's economy and especially with the burst of the housing bubble and continually increasing interest rate, more and more people are facing foreclosures. Adjustable rates are sky rocketing...

Obtaining a mortgage after bankruptcy is going to take at least twelve months, and possibly longer, because you must first rebuild your credit. Be very patient and careful during this process....

Sometimes debt can become more than you can handle. Changes in a job or a divorce can throw your cash flow off balance and cause more money to be going out than coming in. During situations like...

Even with a strong national economy, low unemployment and low interest rates, Americans are always subject to dealing with mortgage lenders arriving to foreclose on their homes. Housing experts...