Category Archives: Of Interest

Man sues Kentucky law firm over debt collection letter

Source: Credit and Collection News
www.wvrecord.com
Mar. 10, 2010 | West Virginia’s Legal Journal
News > Federal Court
Man sues Ky. law firm over debt collection letter
3/9/2010 7:54 PM By Kelly Holleran -Monongalia Bureau
MORGANTOWN - A man has filed a putative class action lawsuit against the Kentucky-based law firm that he says illegally sent him a debt […]

U.S. Senate Votes Against Mortgage Modification Cramdown

April 30, 2009 by senatus Senators have defeated an amendment offered by Senator Dick Durbin (D-IL) to the Helping Families Save Their Homes Act (S. 896) by a vote of 45 to 51. It was subject to a 60-vote threshold. This is the so-called “cramdown” amendment which would allow bankruptcy judges to modify mortgage […]

Bankruptcy Basics From The U.S. Courts

“Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It […]

North East Texas Bankruptcy Lawyer: Bankruptcy Overview-A Plan To Pay Creditors, Discharge Debt And Stop Forelcosure And Repossessions

By North East Texas Bankruptcy Attorney Brian Allen.  Bankruptcy law allows a debtor, who is unable to pay his creditors, to file for bankruptcy protection to stop creditors from collecting from the debtor and the debtor’s property (foreclosure, repossessions).  Chapter 11, 12, and 13 provide for the development of a plan that allows the debtor time […]

HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS

HOW SENATE BILL 61 WOULD SAVE HOMES FROM FORECLOSURE AT NO COST TO TAXPAYERS

How big is the home foreclosure problem now?
Our country is facing a foreclosure crisis that is unprecedented. Home mortgage
payments have risen dramatically in the last few years, making it impossible for more and
more homeowners to afford to keep their homes. More than 6,600 family […]