Author Profile

Gregory Adam Napier

Gregory Adam Napier

Recent Articles

Foreclosure Defenses: Round 1

Gregory Adam Napier
March 21, 2012 20:24

Most people focus on the mortgage (real estate lien) in their defense efforts because often the mortgage does not have the name of the company filing the foreclosure on its face. However, the document most pertinent to the issue of standing is the promissory note (loan agreement). The promissory...

What you should no about property tax liens

Gregory Adam Napier
March 14, 2012 15:35

Here is where some caution comes in: KRS 134 only allow for that interest to accrue on the original tax due or the amount it sold for if less. When the holder of that debt files their claim, they will almost always seek 12% interest on the basis PLUS attorney fees, accrued interest, and various...

Coping with a balloon loan that has burst

Gregory Adam Napier
March 12, 2012 20:19

So now, many people are either facing that final payment in a few months or that balloon has already popped leaving them with massive arrears. There is a remedy IF your income can sustain it: Chapter 13. Let's say you have $50,000.00 in arrears on one of these loans and your income would support a...

Bankruptcy: Just the beginning

Gregory Adam Napier
February 20, 2012 19:23

Two excellent resources for learning to be financially free are Dave Ramsey and the older Crown Ministry. These resources may even allow you to avoid bankruptcy in the first place. However, if you cannot avoid bankruptcy, be sure to realize that filing the petition is really just the beginning of a...

Small businesses and the bankruptcy estate

Gregory Adam Napier
February 06, 2012 23:56

For an oversimplification, when someone files a bankruptcy, everything they own (with some exceptions) goes into an estate under the control of the trustee. The individual then uses exemptions to reach into the estate and keep certain property. Now, the issue in focus is what happens to the...