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Foreclosures

Allmand Law Firm
August 29, 2010 Foreclosures

Homeowner Are Still Suffering From ARMs But Bankruptcy May Help

When the foreclosure crisis first began we heard a lot about the devastating effects of adjustable rate mortgages (ARMs) which were financially crippling millions of homeowners whose interest rates had reset. Unfortunately for many...

Allmand Law Firm
August 29, 2010 Foreclosures

New Efforts To Aid Unemployed Homeowners Avoid Foreclosure Misguided?

The newest foreclosure prevention scheme to come out of the White House is a $3 billion loan program that's intended to help unemployed homeowners avoid foreclosure.  But some homeowner and consumer advocate groups are...

Allmand Law Firm
August 29, 2010 Foreclosures

Bankruptcy Automatic Stay Protection and Post-Foreclosure Proceedings

Bankruptcy Automatic Stay Post-Foreclosure Has your mortgage servicer already filed a foreclosure against your property?  Has the mortgage servicer already won a foreclosure judgment for possession and is just waiting to evict you from...

Allmand Law Firm
August 28, 2010 Foreclosures

Foreclosures Continue To Rise Because Of Ineffective Programs

The foreclosure crisis is threatening to enter a third year as the Tarrant County foreclosure rate for September showed an increase of 36 percent from August and Dallas County foreclosure postings jumped by 19...

Allmand Law Firm
August 23, 2010 Foreclosures

Mortgage Servicers Failing To Follow Foreclosure Laws?

There's something fishy in the foreclosure industry, and yes it is an industry.  Millions of Americans are facing foreclosure but many of the rules designed to protect homeowners are being circumvented for the convenience...

Allmand Law Firm
August 22, 2010 Foreclosures

How To Counteract Credit Score Hits Due To Foreclosure And Bankruptcy

Whether you lose your home to foreclosure, return it to the lender in bankruptcy or unload it in a short sale, your credit score could drop anywhere from 85 to 160 points.  The higher...

Allmand Law Firm
August 22, 2010 Foreclosures

How Foreclosure May Impact Your Kids and What You Can Do About It

A study released in May 2008 predicted that nearly two million children would be impacted by foreclosure by 2010.  Sun Belt states such as Arizona, California, Texas and Nevada are losing vast numbers of...