Loan modification is often the last hope for a homeowner looking to avoid foreclosure and save their home. Preparing for the process ahead of time by getting familiar with what to expect may help increase the chances of getting your mortgage modified. Steps to perform that may help you keep your house: Contact a certified [...]
Confirmation Hearing in Chapter 13 Bankruptcy Chapter 13 bankruptcy allows debtors to repay outstanding debt with a payment plan approved by the court. But before the debtor can begin making payments on the agreement, it has to be confirmed upon finalization. This means that parties associated with the agreement could object or make changes before [...]
While the push for student loan debt to be discharged in bankruptcy continues, the Obama Administration is pushing Congress to act on the issue. The Administration, along with other political figures, claims the bankruptcy code should be revised to allow student loan debt to be dischargeable. While all types of student loan debt may not [...]
In real estate terms, an underwater home rarely means it's actually under water. Today a lot of homeowners are finding themselves underwater with their mortgage, meaning that they owe more on their current home loan than the home is currently worth. This can be a critical situation for people who want to sell their homes [...]
At Allmand Law, we know that it’s incredibly difficult to balance parenting and work obligations. Unfortunately, employers aren’t always so understanding. After an unexpected job loss, you might wonder, “Can I get unemployment if I quit because of child care?” The answer is: “it depends.” Keep reading to learn more about how your ability to access child [...]
The housing crash around the country is widely known and is probably the leading contributor to the economic problems the country faces. But this isn't all that the housing boom and subsequent crash has brought to the American public. We're now facing a foreclosure crisis fueled by illegal robo signing practices used by the banks. [...]
Many debtors who seek bankruptcy protection often don't know where to start when it comes to hiring a bankruptcy attorney. While it is important to know what to look for when hiring legal representation, some people may feel they have limited sources to choose from. Most don't realize there are a variety of sources available [...]
Choosing the right bankruptcy attorney greatly increases chances of getting a successful outcome for your case. Your case could be jeopardized by an attorney who is unfamiliar with bankruptcy laws; meaning your assets could be at risk. The good news is there are a few easy tips to keep in mind that may help you [...]
Homeowners not familiar with loan modification may wonder what can lawyers do or why they would need legal assistance. There are multiple reasons a lawyer may be sought; not just after the process when a homeowner could be losing their home due to foreclosure but even before and during the process. A lawyer can give [...]
Your House During Chapter 7 Bankruptcy Many debtors are under the impression that they will automatically lose their home if they file Chapter 7 bankruptcy . The idea has even kept many from filing to begin with but in most cases, you'll be able to keep personal property including your home. The ability to keep [...]
