A quitclaim deed, discharge and a bank walk away. What do these items have in common? For me, nothing, that is until this past week. On Monday different clients came in to my office with the same conundrum. Clients with Discharge and Bank Walk Away Each received a bankruptcy discharge. I allowed neither to reaffirm…
You finally decide to file bankruptcy. I do not expect you to be a lawyer, or to even know the law. There are two things you should never ever do financially, especially in the lead up to bankruptcy. Each basically involves debt consolidation instead of bankruptcy. When should you do them? NEVER! The things you…
A judicial lien is a little surprise Ohio law has for you if you lose a lawsuit in Lorain County. Remember those guys who run for State office every four years? They promise you everything and anything to get your vote. Then they deliver to the credit card companies, banks, and pay day lenders who…
Foreclosure sale date has passed, and your house does not sell. How can that happen? Is it even possible? Not only is it possible, but it is becoming more and more common in Northeast Ohio. It is no shock that home values in this area have dropped continuously since 2008. The rest of the country…
Foreclosure rescue fraud is not something you should be paying money into if you are behind on your mortgage, and receive a foreclosure complaint in the mail. I understand. You are panicking and scared. You do not know where to turn. The mortgage is six months behind. The postman just delivered a huge packet of…
How can you identify a foreclosure rescue scam? It’s true. You need help to save your home. Lots of people are offering to help. You see adds on TV, and you are getting letters in the mail. They all say the same thing: Do not file bankruptcy. That is the last thing you want to…
“How can I be your best bankruptcy client?” This is one of two questions recently posed to me. Every Cleveland bankruptcy attorney can tell you about his worst client. That one is simple. Rarely when you visit a Cleveland bankruptcy lawyer are you at your best. The normal client will be extremely emotional as we…
One of the first things I am asked by a chapter 7 or a chapter 13 bankruptcy client is: “How long will I be able to stay in my house during Foreclosure? Once you fall behind in payments the mere hint of the word from your Mortgage Loan Company or loan servicing company stirs the…
photo credit: Casey Serin Many clients want to know what happens in a Lorain County or a Cuyahoga County foreclosure after the sheriff sale. Is the case over? The simple answer to that is, “No.” At a minimum after the sheriff sale the plaintiff, normally the lawyer for the bank will file a confirmation of…
Chapter 13 bankruptcy is still a real and viable way to save your home. At this time the bankruptcy courts do not have the legal authority to do a loan modification for your primary residence. However that is not the case for second mortgages, third mortgages or equity lines of credit. I am not talking…