How To File Bankruptcy: The Series – Part 4
How To File Bankruptcy: The Series – Part 3
How To File Bankruptcy: The Series – Part 2
How To File Bankruptcy: The Series – Part 1
Can I keep my credit cards after I file bankruptcy?
Debtor, Collectors and You
The United States has always fostered the entrepreneurial spirit but entrepreneurialism comes with a price. Many famous entrepreneurs tasted the bitter pill of failure before finding success. For instance Sam Walton, Henry Ford, and J.C. Penny’s first endeavors were utter failures. But what allowed these, and other entrepreneurs, the ability to succeed is the idea […]
Qualify for a mortgage with bankruptcy
Contrary to popular belief, acquiring a mortgage after filing for bankruptcy is not impossible. The Federal Housing Administration insures mortgages despite bankruptcy, with seasoning requirements. Time Frame Per the FHA Guidelines, a debtor must wait at least two years after a Chapter 7 or 13 is discharged before you can qualify for a mortgage. FHA […]
Testimony in the Hearing on the TARP Foreclosure Mitigation Program
Click here to read Katherine Porter’s testimony before the Congressional Oversight Panel at the Hearing on the TARP Foreclosure Mitigation Program in which she describes how the allegations of legal errors in the foreclosure process may impact the housing markets, the soundness of banks, and the overall financial markets.
Default Servicers, Foreclosure and the Securitization Debacle
On November 16, 2010, the Senate Committee on Banking Housing and Urban Affairs held a hearing on Mortgage Services and Foreclosure Practices which included, Bank of America, among other lending institutions, along with consumer advocates and academics. Coincidentally, the Congressional Oversight Panel has recently produced a 127-page report, “Examining the Consequences of Mortgage Irregularities for Financial […]
Bankruptcy Statistics for 2010
The latest figures on personal bankruptcy filings in the U.S. have been released and it looks like 2010 will see the most bankruptcy cases since 2005, when the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) took effect. Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled […]