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

Fannie Mae: Friend or Foe?

Fannie Mae has unleashed a new website purporting to give consumers a new opportunity to explore options regarding their home loans including, but not limited to, […]
July 29, 2010

Las Vegas Home Prices Continue To Fall

Unfortunately, Las Vegas home prices bucked the national trend by falling in May according to Standard & Poor’s monthly S&P/Case-Shiller Home Price Indices report.  Prices in […]