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Programs to Reduce or Cushion Foreclosures

January 8, 2014

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The federal government instituted in 2009 the Home Affordable Modfication Program (HAMP) to attempt to help homeowners who were either facing foreclosure or who owed more on their mortgages than their home was actually valued.  Since then, the program has developed in to serving several constituencies.  Some help those with second loans; others aid the […]

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Is Bankruptcy the Answer to Avoiding Foreclosure?

January 3, 2014

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If you are severely delinquent on your mortgage payments and you are facing a foreclosure action (or your lender is threatening to file one), you may want to consider filing a Chapter 7 or Chapter 13 case. Many bankruptcy cases are filed due to individuals trying to avoid a foreclosure action. Chapter 7 and Chapter […]

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Real Estate & Bankruptcy

October 29, 2013

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If you own a home and you are considering filing for bankruptcy, you are probably worried about losing your house. The law provides numerous exemptions which protect assets from being included in the bankruptcy estate. Additionally, it is possible that filing bankruptcy can actually positively impact your real estate holdings. Lien Stripping If you own […]

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