Category Archives: Mortgages
Foreclosures On The Rise But Atlanta Bankruptcy Can Help
Every month, just like in October, foreclosures increased throughout the Atlanta metro area. This time, they increased at a higher clip than usual. Foreclosure in Atlanta and throughout the state has been a problem that has hampered local and state economies, made housing prices plummet and caused many homeowners heartache. Yet bankruptcy, usually Chapter 13… 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 »
“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 »
Fraudulent, “Robo-Signed” Documents Still Prevalent in Chicago Foreclosure Filings
A project story by The Associated Press revealed that officials nationwide have found that “robo-signed” documents, which are signed by mortgage servicers without checking the paperwork first for accuracy, are still popping up in foreclosure cases throughout the country, despite ongoing investigations in every state. Chicago Bankruptcy Lawyers have seen many people put their hopes… Read More »
Georgians’ Dream of Owning a Home Dropping; Bankruptcy and Foreclosure Defense are Options
A recent report by The New York Times states that the percentage of homeowners has reached 1998 levels and could continue declining to levels not seen for 30 years as people are trapped in upside down mortgages and dealing with foreclosures in Atlanta and elsewhere. Atlanta Bankruptcy Attorneys have seen the frustration experienced by homeowners… Read More »