Articles from Allmand Law

How are foreclosures rising even though federal action has taken place? It seems these foreclosures are not happening to current live-in homeowners, rather they are foreclosing vacant and abandoned buildings, which can benefit neighborhoods and communities.
Although U.S. foreclosures have only risen 9% since last quarter, total foreclosures have risen 75% since last March 2020.
To learn more information about foreclosures during these moratoriums, click the link below.

Although COVID-19 turned most industries upside down, the housing market is doing better than ever. Prices are skyrocketing, you’ll rarely see vacant homes, and only a few homeowners have completely been foreclosed on. Even if foreclosure is coming your way, the national housing shortage gives you the opportunity to sell your home for more than it’s worth…and fast!
From the article:

Stimulus money is finally being delivered to families in need across the country! You NEED to know the following before utilizing your funds when you are also filing for bankruptcy:
Why Do You Need to Protect Your Stimulus Funds?
Your creditors know you are receiving these funds. It is likely they will expedite collection actions that can get them access to YOUR MONEY as soon as possible.
Why You Shouldn’t Spend Your Stimulus Funds.

Filing for bankruptcy can be a hard experience. It can be upsetting when a debtor finds themselves overwhelmed with debts and in over their heads. While many debtors may agree that anonymously filing for bankruptcy may be preferred, it’s not. One critical component to filing for bankruptcy is the creditors’ meeting, otherwise known as the 341 meeting. Be aware that both your bankruptcy trustee and lawyer will play a critical role; the creditors’ meeting is vital to the bankruptcy process.