Category Archives: Chapter 13
Cops, Movers Walk Away, Leave 103-Year-Old Atlanta Woman’s House Despite Foreclosure Eviction Notice
In a strange, but uplifting turn of events, law enforcement and bank-hired movers ordered to evict in Atlanta recently walked away from a home after seeing that the owner was an elderly 103-year-old woman, The Atlanta Journal-Constitution reports. Many Americans haven’t seen the same type of kindness displayed to them when people come knocking on… Read More »
Homes Can Be Foreclosed, But Banks Can Come After You For Difference Without Chicago Bankruptcy
A recent Wall Street Journal article looks at deficiency judgments, which are court orders that banks can get to force homeowners to pay the difference between what the home sells for and what remains owed on the loan. This is a terrifying prospect. A homeowner loses his or her job and is forced to stop… Read More »
Chapter 7 Bankruptcy in Atlanta vs. Chapter 13 Bankruptcy in Atlanta; What Works for You?
A recent article out of St. Louis looks at the pros, cons and differences in the two types of bankruptcies. Anyone filing for Chapter 7 bankruptcy in Atlanta or Chapter 13 bankruptcy in Atlanta should learn all they can about the process, then consult with an attorney. As we previously reported on the Atlanta Bankruptcy… Read More »
Unemployed Homeowners Get Temporary Reprieve From Foreclosure
The Obama Administration recently announced that it wouldn’t allow lenders to foreclose on unemployed homeowners until they miss more than a year of monthly house payments, The Washington Post reports. While this is temporary good news for homeowners, it’s more of a stopgap measure than a real solution. The Federal Housing Administration previously required banks… Read More »
“Robo-Signing” Continues, Despite Georgia Attorney General’s Investigations
Despite ongoing investigations by all 50 states, including the Office of Attorney General of Georgia, an Associated Press investigation recently revealed that mortgage companies are still using “robo-signed” documents in foreclosure cases. Many hoping to safe their homes are using allegations of faulty paperwork. However, banks can fix paperwork and still foreclose on a home…. Read More »