In a case decided by a Florida Court of Appeals in 2012, the issue presented was whether a person's long-term leasehold interest in his condominium could qualify as a "homestead" exempt from forced sale under article X, section 4 of the Florida Constitution.

By:  Steven P. Taylor
Law Office of Steven P. Taylor, PC

On August 26, 2014 the Securities and Exchange Commission approved final rules cracking down on credit rating agencies and asset-backed securities — two areas that SEC Chairwoman Mary Jo White said were “at the center of the financial crisis,” according to an article in ThinkAdvisor.

As a consumer bankruptcy attorney it amazes me how very smart people make some very poor business decisions.  Now don’t get me wrong – at least fifty percent of my clients are in financial distress because of challenges they faced from outside forces such as medical, divorce, changing real estate, employment, business demands, a

Did You Get a Mortgage Deficiency Letter From Dyke O’Neal? Lots of people in Virginia, whose houses were foreclosed three, four, or five years ago, are getting collection letters from Dyke O’Neal. Dyke O’Neal is a collection agency and debt buyer, specializing in foreclosed real estate.  They try to collect on mortgage deficiencies.

Of all the lawyers that came before me – Abraham Lincoln is my role model.  Early in his life he faced financial ruin, but preserved.  Hence the “honest Abe” moniker.  Abe was truly a spokesperson and advocate for the people.  He represented 4,000 to 5, 000 clients; the majority of which were debt related

 
Two of the largest banks, Chase and Bank of America, have finally agreed to update consumers’ credit reports within the next three months to properly depict debts as being discharged in bankruptcy. This long overdue move is a win for Oregon debtors whose have been living with inaccurate credit reports, sometimes for years after bankruptcy.

A new study from the Consumer Financial Protection Bureau (CFPB) found that reverse mortgage advertising can be confusing and misleading, and issued a warning to older Americans to be on the lookout for potentially deceptive reverse mortgage advertisements.  CFPB reports that borrowers have “false impressions’ that reverse mortgages are a government benefit or that getting a reverse mortgage would ensure consumers could stay in their homes for th