Tag Archives: foreclosure
Bank of America

BofA stops foreclosure sales in 50 states

by bk711 on 08. Oct, 2010 in Foreclosure and Loans, News

WASHINGTON – Bank of America Corp., the nation’s largest bank, said Friday it would stop sales of foreclosed homes in all 50 states as it reviews potential flaws in foreclosure documents. A week earlier …

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bankruptcy

Many in need don’t file BK

by bk711 on 16. Jun, 2010 in Bankruptcy

USA TODAY – Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor Robert Lawless, but few experts believe that debtors are now gaming the system. Instead, concern exists about [...]

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Filing Bankruptcy in the United States

Filing Bankruptcy in the United States

by Jeff Wellington on 19. Nov, 2009 in Bankruptcy, Forms

If you are in a desperate position with no other recourse but to file for bankruptcy, then you should be prepared to handle additional stress. This is because you will inevitably run into some issues in the foreseeable future. Fortunately, knowing the proper steps in bankruptcy filing can help you through the process swiftly and [...]

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Bankruptcy vs. Foreclosure

by Jeff Wellington on 17. Nov, 2009 in Foreclosure and Loans

Some people are messed up between foreclosure and bankruptcy. For some, foreclosure is the preferred option because it will enable them to avoid the consequences associated with bankruptcy. However, some people prefer to take advantage of bankruptcy if it will enable them to keep their homes. Both foreclosure and bankruptcy have their own advantages and disadvantages [...]

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