No. Not that F Word. The word I am talking about is Forgiveness. In particular, Debt Forgiveness. This can be achieved through Bankruptcy or Bankruptcy Alternatives. I talk a lot about Bankruptcy, but it’s not for everyone. So, what are the alternatives? Here are the top three: Repayment with Workouts (aka Debt Negotiation) Debt Management with Strict...Read More
The Servicemembers’ Civil Relief Act applies in bankruptcy cases. It provides protection to members of the military against the entry of default judgments and gives the court the ability to stay proceedings against military debtors. Background The Servicemembers’ Civil Relief Act (“SCRA”) is found at 50 U.S.C. app. §§ 501 et seq. The purpose of...Read More
When it comes to debt there are two main types, secured and unsecured. In Chapter 7 and Chapter 13 bankruptcy knowing the difference between both is very important so you can implement a proper plan. Even if you aren’t filing bankruptcy it is still good to know what the differences are between the debts. First,...Read More
Whenever someone comes to see me about issues with their mortgage, the first question I ask is always: “Do you want to keep your home?” And I always expect a very long answer because there are a lot of considerations when making that decision. Factors include but are not limited to: Can I really afford it?...Read More
Perhaps mold is a concern because you are purchasing a home and your inspection is soon, or maybe you suspect the presence of mold in your current home. Mold spores are present everywhere we live and breathe. Mold spores enter our homes through open windows, our shoes from outside, or items we bring inside. It...Read More
DEUTSCHE BANK NATIONAL TRUST COMPANY,TRUSTEE v.JOSEPH R. PONGER ET AL.(AC 41014) DiPentima, C. J., and Moll and Sullivan, Js. Syllabus The plaintiff bank sought to foreclose a mortgage on certain real property owned by the defendant T and her former spouse, P. T and P had executed a mortgage deed, and P had executed a...Read More
Bankruptcy filings fell 0.3 percent for the 12-month period ending June 30, 2019, according to statistics released by the Administrative Office of the U.S. Courts. Annual bankruptcy filings totaled 773,361, compared with 775,578 cases in the year ending June 2018. Business filings rose by 1.1 percent, just the third time since 2010 that business bankruptcies...Read More
Passwords – Hate Them or Love Them, You’re Stuck with Them Passwords are the bane of every person who uses multiple social media and email platforms. At your job many people (including you maybe?) hate them and do their best to circumvent best practices. Meanwhile people like me can’t fathom why anyone would use password123...Read More
The next step in your Chapter 13 Bankruptcy Process will be to attend your Chapter 13 Bankruptcy Plan Confirmation Hearing. Do not be alarmed! You will likely not have to testify at this Hearing at all. But I will explain below the process leading up to and including your Conformation Hearing, so you can have...Read More
“The Foreclosure Mediation Program was established pursuant to P.A. 08-176 and its purpose is to assist homeowners and lenders achieve a mutually agreeable resolution to a mortgage foreclosure action through the mediation process.” -Connecticut Judicial Branch 1. What is the Foreclosure Mediation Program? The Foreclosure Mediation Program was created in 2008 in response to the...Read More
