Eastern District Federal Court Swats Aside Appeal of Bankruptcy Court Ruling
Can the "penalties" portion of a State of Michigan unemployment benefit "claw-back" claim be discharged in Chapter 13 bankruptcy?
That is the question that the...
Bankruptcy Now the Only Sure Way to Avoid Taxable Penalties for Walking Away from Real Estate
Short Sales Now a Worse Deal than Ever
As reported by the Los Angeles Times here, the tax break extended to homeowners who have experienced a...
Tighter Deadlines for Response to Qualified Written Request Letters, Harder Penalties for Failure to Respond
The Qualified Written Request (QWR)
The Qualified Written Request is a letter sent to a mortgage servicer to which they are required...
Fannie Mae, Freddie Mac, or Some Private Mortgage-Backed Security Trust?
Almost Never the Bank To Which You Send Your Monthly Payment
One of the biggest difficulties confronting homeowners facing potential foreclosure is the difficulty of...
The City of Detroit has Filed for Chapter 9 Bankruptcy.
It may not be a major surprise, given that Michigan Governor Snyder appointed a corporate bankruptcy attorney Kevyn Orr as Detroit's Emergency Manager, but the full impact nonetheless...
No Need to Worry That You Will Be Fired for Filing Bankruptcy!
Can I Be Fired for Filing Bankruptcy in Michigan? No!
Employers may not discriminate against employees who have filed for bankruptcy under Section 525 of the Federal Bankruptcy...