August 23, 2010

The Automatic Stay In Bankruptcy

The instant bankruptcy is filed, for either Chapter 7 or Chapter 13, a protective umbrella called the automatic stay is triggered which protects the debtor and […]
August 20, 2010

Negative Equity Refinance Program

Starting September 7, 2010, the Federal Housing Administration (FHA) will offer a new refinance program to qualifying underwater homeowners.  To be able to participate in the […]
August 17, 2010

Changes Ahead to FIRPTA

Before convening on its August break, the House of Representatives passed the Real Estate Jobs and Investment Act of 2010.  The bill advances the real estate […]
August 16, 2010

What is the Meeting of Creditors?

Between thirty (30) and forty (40) days after filing your bankruptcy petition, the randomly assigned Chapter 7 Trustee will hold a meeting of creditors.  During this […]
August 12, 2010

The Chapter 7 Discharge

The goal of any bankruptcy proceeding is to obtain a discharge of debts.  A discharge releases the debtor from personal liability from most debts and prevents […]
August 11, 2010

Chapter 13 Bankruptcy Or Loan Modification?

Rarely does a loan modification include a principal reduction.  The typical loan modification only deals with the first mortgage and will only reduce the monthly payment, […]
August 9, 2010

FHA Program for Underwater Homeowners

Beginning September 7th, the Federal Housing Authority (FHA) will offer FHA-insured mortgages to qualifying borrowers who have a non-FHA mortgage.  To be eligible, the borrower must […]
August 6, 2010

Prudential Americana features Tisha Black Chernine, Esq.

Prudential Americana hosts Tisha Black Chernine as a legal expert on the housing market in Las Vegas.  Click here to watch the video.