chapter 7

Mortgage Rescission And Bankruptcy

Nicholas Gebelt
March 22, 2012 13:47

I.          What Is Mortgage Rescission? Rescission is a way for a borrower to get out of a mortgage that was fraudulently or deceptively originated.  For example, if the lender misrepresented the terms of the mortgage by failing to disclose a balloon payment, or the nature of the adjustable rate,...

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 Happens to My House in Bankruptcy?

Christine Wilton
March 05, 2012 13:00

I was talking the other day with Scott Schang, branch manager at Broadview Mortgage, Katella Branch in Orange Ca. who is also the Dean of Home Ownership University blog.  Our lively conversation centered upon our common goal to bring TRUTH to the consumers and he struck a cord with me when he...

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...

New Bankruptcy Videos from the US Courts

Sam Turco
February 13, 2012 11:00

I recently came across an excellent series of videos on the basics of consumer bankruptcy created by the U.S. Courts.  There are nine videos in total, and here is the link to watch them all.