Recent Posts in foreclosure Category
Posted on Dec 28, 2010 By Joseph Tosti
HAMP, the Home Affordable Modification Program which can modify a mortgage, is no way to avoid bankruptcy. It's a heart-breaker. It builds up false hopes and then destroys them. That's my conclusion ...
Continue reading "HAMP Mortgage Modifications and Bankruptcy" »
Posted on Nov 12, 2010 By Joseph Tosti
According to the 2010 Fiscal Year statistics from the Administrative Office of the U.S. Courts, the number of bankruptcies filed between October 1, 2009 and September 30, 2010 increased from 1,402,816 ...
Continue reading "2010 Bankruptcy Filings Up 14%" »
Posted on Nov 2, 2010 By Joseph Tosti
The new median family income numbers used for determining whether a debtor can file a Chapter 7 bankruptcy went into effect today, November 1, 2010. The numbers are provided by the U.S. Census Bureau. ...
Continue reading "New Median Family Income Numbers For Bankruptcy Effective November 1, 2010" »
Posted on Oct 21, 2010 By Joseph Tosti
Banks do not want to go to trial in mortgage foreclosure cases . Judges and the Wall Street Journal still do not get it. Banks want to avoid trial because trial shines a light on the facts of a case. ...
Continue reading "Why Banks Robo-Sign Mortgage Documents." »