Tag Archive: Foreclosure

Suggestion of Bankruptcy

How do your proclaim to the debt collection world that you are now protected by an automatic stay from the bankruptcy court? Your first step should be a suggestion of bankruptcy. This is a device you will use for legal proceedings such as: Garnishment Bank attachment Pending law suit Foreclosure Judgments against you A Suggestion…

Q is for Quitclaim

 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…

N is for Never

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…

J is for Judicial Lien

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…

House Did Not Sell At Foreclosure Sale Date

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, Don’t Fall For It!

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…

Six Ways To Identify a Foreclosure Rescue Scam

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…

Be The Best Bankruptcy Client

“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…

How Long Can I Stay In My House During Foreclosure?

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…

Foreclosure After the Sheriff Sale

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…