Recently an article came out about loan buyers and some new requirements for attempting to modify delinquent mortgage loans prior to foreclosure. The article, found here: http://www.wsj.com/articles/fannie-freddie-regulator-puts-new-rules-on-delinquent-loan-sales-1425318221 summarized the new Fannie Mae and Freddie Mac sale rules for delinquent mortgages. It appears that Fannie Mae and Freddie Mac are preparing to auction a […]
Continue reading...New FHFA Rules May Help With Modification of Mortgages through Chapter 13 in Jacksonville, FL
Landlord-Tenant Law: Commercial Eviction and Chapter 11
A commercial tenant facing eviction may find relief under Chapter 11 of the Bankruptcy Code, particularly if the tenant fell behind on payments as the result of a temporary decline in income. While a Chapter 11 debtor cannot compel its landlord to reduce the monthly rent or eliminate past due rent, the filing of a […]
Continue reading...Gay Marriage and Bankruptcy Filing in 2015
GAY MARRIAGE AND FILING BANKRUPTCY IN 2015 It was recently a banner day at the Law Offices of Mickler & Mickler. We just received our first discharge in a case filed by a married gay couple. When the case was filed as a Chapter 7 in September of 2014, gay marriage was not legal […]
Continue reading...2015 Bankruptcy Filings Predictions
BANKRUPTCY PREDICTIONS FOR 2015 In my 2014 Blog on the state of bankruptcy filings, I discussed the causes of bankruptcy filings and how it was related to the availability and amount of consumer credit. That article is here: https://www.planlaw.com/bankruptcy-predictions-2014-beyond/ Now with 2015 upon us, how is the model of cause and effect playing […]
Continue reading...Medical Bills and Bankruptcy: How to save your wages from garnishment
MEDICAL BILLS AND BANKRUPTCY: HOW TO SAVE YOUR WAGES FROM GARNISHMENT A recent broadcast and article regarding medical bills from non-profit hospitals caught my attention. http://www.propublica.org/article/how-nonprofit-hospitals-are-seizing-patients-wages The above link will take you to the story regarding non-profit hospitals suing low-wage workers for past due medical bills. The suits resulted in judgments against the […]
Continue reading...REVERSE MORTGAGES AND CHAPTER 13: CAN I SAVE MY INHERITED PROPERTY?
REVERSE MORTGAGES AND CHAPTER 13 BANKRUPTCY: HOW TO SAVE YOUR INHERITED HOME By now, everyone has seen the flood of reverse mortgage advertisements which have appeared on television. Celebrity spokespersons invite you to put a reverse mortgage on your home to pay off your existing mortgage and never make a mortgage payment again […]
Continue reading...Credit Unions and Bankruptcy
BANKRUPTCY AND CREDIT UNIONS Over the many years of filing every Chapter of bankruptcy for people, one thing has remained constant – people really like their credit union accounts. I have clients come in who have been with Vystar or Navy Federal for years and don’t want to include such debts in any bankruptcy […]
Continue reading...Bankruptcy Saving Lives!!!
BANKRUPTCY SAVING LIVES!! A new study finds that bankruptcy filers make more money and live longer than those who were denied such protection, Fortune Magazine reported today. In a working paper released Monday by the National Bureau of Economic Research, economists Will Dobbie and Jae Song examine 500,000 bankruptcy filings in the U.S. to […]
Continue reading...FDCPA Violations for Proofs of Claims in Chapter 13 Cases
FDCPA Claims in Chapter 13 for Stale Proof of Claims I have previously written about the potential for FDCPA claims after filing for bankruptcy and having a debt collector contact you regarding a debt that was discharged in the bankruptcy filing. https://www.planlaw.com/bankruptcy-and-the-fair-debt-collection-practices-act-understanding-your-consumer-rights/ Essentially, the attempt to collect a debt that had been discharged in a […]
Continue reading...Modification of Mortgages through Chapter 7 in Jacksonville, FL – What’s Not to like?
Modification of Mortgages through Chapter 7 in Jacksonville, FL – What’s Not to like? I have previously written about the mortgage modification program in Chapter 13 that was been available in the Jacksonville Division of the Bankruptcy Court for the past two years. https://www.planlaw.com/modification-of-mortgages-in-chapter-13-in-jacksonville-fl/ The program has been a great success for many […]
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