Foreclosure Without Closure: Sixth Circuit Analyzes Claims Asserted by Borrower Following State Court Foreclosure Proceedings

The financial and housing crisis that began in 2008 led to a huge wave of foreclosures and foreclosure-related litigation. While foreclosure is rooted in state law, the initiation of a foreclosure proceeding by a lender often leads to federal bankruptcy proceedings initiated by a borrower, giving rise to interesting legal issues involving the interplay of state foreclosure law and federal bankruptcy law. Recently, the U.S.

What To Do If Your Salary Won’t Cover Your Student Loan Payments

graduation watching the  storm coming to the city
When you graduate from college you expect to find a job that will pay enough to allow you to take care of those student loan debts. For many, however, that dream fails to turn into reality.

"Party Aggrieved" Requirement for Appeal of Bankruptcy Court

On September 4, 2014, the United States Court of Appeals for the 11th Circuit Court of Appeals addressed the "party aggrieved" doctrine in the case of Benjamin Atkinson v. Ernie Haire Ford, Inc.

Ocwen Back-Dates Loan Mod Letters

Ocwen Back-Dates Loan Mod letters–according to NY Attorney General. One of the scary thing about applying for loan mods is the short deadlines you have to get them stuff–often things you’ve sent them twice before.

Avvo names Robert Weed a Top Contributor in Bankruptcy Law

Avvo names Robert Weed a Top Contributor One of the ethical aspirations of lawyers is to help the public understand their rights. To help with that, Avvo provides a forum for lawyers to answer questions–not give legal advice–to members of the public.

Reclaiming Your Driver’s License Through Bankruptcy Filing

It is true that filing bankruptcy in some instances will allow you to regain your driver’s license. There are a few scenarios where this is definitely the case. The first of which is driving with no insurance. If you are caught driving with no insurance and your license is subsequently suspended, you can have that+ Read More

The Top Five Obstacles To Avoid When Searching For A Bankruptcy Lawyer

Searching for a bankruptcy lawyer can be a lot tougher than one might think. One of the main reasons for this is that people do not readily refer bankruptcy attorneys to other people because they don’t want to advertise to their friends, family, and co-workers that they had to file for bankruptcy. Thus, people are+ Read More

Closing Arguments in Detroit Bankruptcy Trial

The historic Detroit bankruptcy trial came to a close on Monday when city attorneys gave closing arguments as to why U.S. Bankruptcy Judge Steven Rhodes should approve the city’s bankruptcy plan.
Judge Rhodes is expected to announce his ruling on November 7.
Closing arguments highlighted the necessity to pass the debt-cutting plan, which would free Detroit from $7 billion in debt and open up money to improve city services.

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