Legislation that would have allowed for bankruptcy court-supervised loan modifications in some limited circumstances, sometimes called lien stripping, was stripped from the Wall Street bailout bill in Congress this weekend after protests from the mortgage bankers. Â The Center for Responsible Lending had predicted that the proposed legislation would have resulted in 3,587 fewer Kansas homes lost in foreclosure and $96 million in home values and tax base saved. [Read more…]
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INFORMATION HEREIN IS NOT LEGAL ADVICE. The opinions expressed in this blog represent only the opinions of the author(s) and are in no way intended as legal advice upon which you should rely or recommendation regarding any legal issues or problems. Every person's situation is different and requires an qualified attorney to review the situation personally with you. You should consult with a bankruptcy attorney licensed to practice in your state for advice about your particular situation.
NO ATTORNEY-CLIENT RELATIONSHIP CREATED. This site is provided for educational and informational purposes. Users of this site agree that accessing this site and the information contained on these
NO ATTORNEY-CLIENT RELATIONSHIP CREATED. This site is provided for educational and informational purposes. Users of this site agree that accessing this site and the information contained on these
pages does NOT create an attorney-client relationship with Mark Neis, Jill Michaux, Neis Michaux Bankruptcy Law Office or Neis & Michaux, P.A. Such a relationship can only be created with a written agreement between you and us after personal consultation. Do not assume that we will be taking any action on your behalf for any legal matters unless we specifically state so in writing.
DEBT RELIEF AGENCY. We are a federally designated Debt Relief Agency under the United States Bankruptcy Laws. We assist people with finding solutions to their debt problems, including, where appropriate, assisting them with the filing of petitions for relief under the Bankruptcy Code.
DEBT RELIEF AGENCY. We are a federally designated Debt Relief Agency under the United States Bankruptcy Laws. We assist people with finding solutions to their debt problems, including, where appropriate, assisting them with the filing of petitions for relief under the Bankruptcy Code.
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