Black & LoBello on AM720 KDWN

Click here to listen to the Legal Hour on KDWN AM720 from February 1st, 2012 in which Managing Partner, Tisha Black Chernine, Esq., hosts special guest Mark Stark, CEO and Owner Broker of Prudential Americana Group of Realtors. Ms. Chernine and Mr. Stark discuss the good and bad aspects of the real estate market  in 2011 (3:10), how AB 284 […]

Nevada’s Support Statute For Spouses & Minor Children

The Nevada Legislature has enacted a very powerful statute designed to provide support to surviving spouses and minor children when the gross estate is less than $100,000 (after deducting encumbrances) and avoid paying most, if not all creditors.  NRS 146.070 provides that if a person dies with a spouse and no children, leaving a gross […]

Fraud Still Happening Despite Crackdown by Lenders

Despite the mortgage industry’s recent decline in fraud risk, CoreLogic reports that 1 in 200 home loans still contain misrepresentations that could result in default.  Short sales have also become an area of concern due to their growing popularity as a preferred foreclosure alternative.   CoreLogic reports that short sale volume from the first quarter of 2008 […]

Bankruptcy FAQ

 1.         What is a Chapter 7 bankruptcy and/or a Chapter 13 bankruptcy? Chapter 7 bankruptcy is a liquidation proceeding. The debtor turns over all non-exempt property to the bankruptcy trustee who then converts it to cash for distribution to the creditors. The debtor receives a discharge of all dischargeable debts usually within four months. In […]