Monthly Archives: August 2011
The wide variety of bankrutcy fraud
Third and final part of Summer 2011 review m Ex-Police officer popped, sentencing set for November In Part 2, we looked at what might be termed “celebrity bankruptcy.” Today we’ll look at current cases more in the norm of “just … Continue reading
Posted in Bankruptcy fraud, Bankruptcy News, Chapter 11, Chapter 13
Tagged Botfly LLC, Daniel Steinberg, David Lewalski, former police officer, forreign currency trading, German Posada, Jerry Lee Coulter, Jon Hammill, Las Vegas real estate agent, Louisville Metro Police, Pasco County FL, Ponzi scheme, Reservoir Corporate Group, tax fraud, U.S. Bankruptcy Court District of Connecticut, U.S. Trustee
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Cosponsors of bankruptcy fraud bill question mortgage service industry
US Trustee announced settlement with Capitol One in January m Today’s post is about bankruptcy fraud, but the first case may seem an extension of the Mortgage Foreclosure Scandal I’ve been addressing the past few days. I think it’s worthwhile … Continue reading
Posted in Bankruptcy fraud, Bankruptcy News, Chapter 13, Chapter 7, Famous bankruptcies, Home mortgage foreclosure
Tagged bankruptcy fraud, Capitol One settlement, Clifford J. White, EOUST, erreneous claims, Executive Office for the United States Trustee, foreclosure crisis, III, mortgage servicers, NACBA, National Association of Consumer Bankruptcy Attorneys, overcharge, Richard Blumenthal, Senate Judiciary Committee Chairman Patrick Leahy, the director of the EOUST, U.S. Trustee Program, USTP
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NY Attorney General could be squeaky wheel in settlement with Foreclosure Scandal principals
In which I reveal more personal info about battles over mortgages, with servicers, goons and foreclosure attempts m You, family, or friends enmeshed in foreclosure? Are you hoping to see the states’-and-feds’ combine quickly heel in the largest banks involved … Continue reading
Posted in Bankruptcy law: Your rights, Bankruptcy News, Bankruptcy process, Chapter 13, Chapter 7, Home mortgage foreclosure
Tagged attorneys general, CFPB, Consumer Financial Protection Bureau, Delaware, Elizabeth Warren, Eric Schneiderman, foreclosure scandal, goons, Housing Urban Development, HUD, Iowa, justice department, Massachusetts, Matt Taibbi, mortage settlement, mortgage backed assetts, mortgage servicer, Nevada, New York, Obama adminsitration, Patrick Madigan, power of bankruptcy protection, securitization, thuggish behavior, Tom Miller
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Is Fannie Mae pitting taxpayers against distressed homeowners?
‘It’s scary. It really is,’ says MI woman who thought feds’ program would save her home m As seen in our preceding installment, “National bankruptcy association calls for ‘disaster prevention’ rather than ‘disaster relief’, NACBA objects to the idea of … Continue reading
Posted in Bankruptcy law: Your rights, Bankruptcy News, Chapter 13, Chapter 7
Tagged attorneys general, bankster, Fannie Mae promises, foreclosure prevention, HAMP, Leisa Fenton, mortgage help, mortgage relief, NACBA, national foreclosure scandal, prevent foreclosure, robo-signing, William Brewer
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National bankruptcy association calls for ‘disaster prevention’ rather than ‘disaster relief’
Fannie Mae, Freddie Mac: roles not made clear in HAMP mandate m [Part 2: Continued from “Facing bankruptcy? Want to save your house, keep your home? Sadly, ‘home’ may be already gone.” NACBA responds to proposal to sell Mae, Mac, … Continue reading
Posted in Bankruptcy law: Your rights, Bankruptcy News, Bankruptcy process, Chapter 13, Chapter 7, Home mortgage foreclosure
Tagged Fannie Mae, Federal Housing Finance Agency, FHA, FHFA, Freddie Mac, judicial mortgage modification, NACBA, National Association of Consumer Bankruptcy Attorneys, preventable foreclosure, rental properties, William Brewer
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Facing bankruptcy? Want to save your house, keep your home? Sadly, ‘home’ may be already gone
In which I explain some background for my curiosity about bankruptcy, mortgages, unemployment, etc. m There’s no soft way to say it, but the hard truth is the national mortgage and foreclosure scandal has damaged millions of lives and may … Continue reading
Consumer bankruptcies ease slightly, but medical bills a stubborn foe
Despite adding jobs in certain sectors, unemployment increased in 28 states in July m’ Last-minute update: LA Times’ blog about Congresswoman’s outburst over unemployment in California fits right in with the following post–“Rep. Maxine Waters: ‘The tea party can go … Continue reading
Posted in Bankruptcy News, Chapter 13, Chapter 7, Medical bankruptcy
Tagged California, COBRA, consumer bankruptcy rate, CredAbility, credit cards, health insurance, Labor Department, medical bills, Michelle Jones, negative credit experience, Nevada, North Dakota, Table A-15, unemployment
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‘Municipalities’ considering–and entering–Chapter 9 bankruptcy more common in wake of Great Recession
Part 2: Which entities can file under Chapter 9? What are the causes? m Alabama county at crossroads of dubious record–largest municipal bankruptcy in USA In Part 1, we discussed the Chapter 9 petition filed by Central Falls, Rhode Island … Continue reading
Posted in Bankruptcy News, Bankruptcy terms
Tagged Alabama, Central Falls, Chapter 9 causes, Chapter 9 eligibility, Chapter 9 largest, Chapter 9 Part 2, Chapter 9 record, Chapter 9 worst, Chicago, Colorado Springs, Costa Mesa, Jefferson County, Jim Johnston, labor agreements, Los Angeles, municipal bankruptcy, New Haven, New York City, Newark, North Las Vegas, Orange County California, pensioneers, pensions, Pittsburgh, political suicide, Providence, public sector workers, Rhode Island, San Francisco, San Jose, Stockton
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As Great Recession ‘jet-lags’ through economy, chapter 9 bankruptcy becomes a more familiar term
Pension-plan dysfunction grabs headlines, but municipal bankruptcies’ causes-and-effects are much wider and deeper m Last time I logged off, I left you with breaking news that the supposed debt-ceiling crisis had likely been averted. Looking back, I wish I had … Continue reading
Posted in Bankruptcy News, Bankruptcy process
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