Do Single Asset Real Estate Chapter 11 Bankruptcies Really Work?

What is a Chapter 11 Single Asset Real Estate Bankruptcy Case?  Well, first, these are commonly referred to as “SARE” cases.

Do Single Asset Real Estate Chapter 11 Bankruptcies Really Work?

What is a Chapter 11 Single Asset Real Estate Bankruptcy Case?  Well, first, these are commonly referred to as “SARE” cases.

The Case Tilts Toward A Chapter 7 Bankruptcy Filing

This is the case of William Forte, who comes to see me from Great Lakes, Illinois which is Lake County, Illinois regarding a Chapter 7 bankruptcy petition.  He did file a bankruptcy back in 1999 under Chapter 7.  It’s been over eight years so he is eligible to file again.  He does not own a+ Read MoreThe post The Case Tilts Toward A Chapter 7 Bankruptcy Filing appe

When You Have Doubts about Debt Obligations before Bankruptcy

Discharging DebtWhether you plan to file bankruptcy in the near future or it is something you are considering, one aspect to help you understand your financial situation includes reviewing outstanding debts owed. Many consumers have a good idea of which creditors they owe, but sometimes things can become questionable when a debt collector contacts you out [...]

Salem, Wisconsin Chapter 7 Bankruptcy Attorney Role

Many Salem, Wisconsin residents have been victims of the deflating economy. You are not alone. If you are buried under a pile of debt due to medical bills, job loss, job demotion, or pay cuts, a Salem, Wisconsin Chapter 7 Bankruptcy filing may be right for you. Chapter 7 Bankruptcy allows you to gain a fresh start and stop collection actions immediately upon filing. A Chapter 7 Bankruptcy attorney can help you get your life back. But How?
What exactly will a Salem, Wisconsin Chapter 7 Bankruptcy attorney do for you?
 

California Man Sentenced Six Months in Prison for Bankruptcy Fraud

man-in-cuffs-webA California man who pleaded guilty earlier this year to fraudulently concealing assets in his bankruptcy case was sentenced to six months in federal prison.  Mark Hagen, resident of La Jolla, admitted he lied to the bankruptcy court about his assets when he filed for protection in 2008.  He failed to be honest about thousands [...]

National City Discriminatory Loans Costs $35 M

Dollars signs and greedFederal investors found that National City Bank systematically charged black and Hispanic borrowers more in interest and fees on mortgages from 2002 through 2008.  This resulted in statistically significant discriminatory pricing disparities based on race and national origin, and cause

OCWEN Slammed With $2 Billion Settlement

“The Consumer Financial Protection Bureau “CFPB” has ordered Ocwen Financial Corporation (NYSE:OCN) to provide $2 billion in principal forgiveness relief to homeowners throughout the next three years as part of a larger settlement agreement.

Chapter 7 Bankruptcy Would Provide The Fresh Start Needed

This is the case of Melika Murray who comes to me from North Chicago which is Lake County, Illinois for a bankruptcy consultation.  Ms.

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