Bankrupcty Scary? Stop The Foreclosure.
January 9, 2012
If your home is being foreclosed, that can be a very scary and unsettling feeling. The first decision you need to make is if you want to keep your home. If you are one of thousands of Americans who find themselves behind on their mortgage, then Chapter 13 bankruptcy can help you stop the foreclosure proceeding immediately. Sometimes bankruptcy is your only option as the mortgage company is not willing to work with you in modification. It is very important to consult an experienced bankruptcy attorney. Bankruptcy addresses a persons complete financial situation. Many people behind on their mortgages also have many other bills they can't pay. Bankruptcy can help stop the foreclosure of your home and also address other debt related problems. An experienced bankruptcy attorney can often tell you at your first consultation if you qualify for bankruptcy and what will be required of you going forward. You should not put off seeking legal advice.
Dallas Area Home Prices Down
September 27, 2011
This is an article from the Dallas Morning news about the continued decline of home prices.
Dallas-area home prices showed no sign of a rebound in the latest Standard & Poor's/Case-Shiller Home Price Index released Tuesday.
Home prices in the area were down 3.2 percent from a year ago in July. Home values in the Dallas area have now been falling for an entire year in the closely-watched housing market indicator.
Eighteen of the 20 major U.S. markets in Case-Shiller's survey for saw home price declines from July.
Nationwide prices were lower by 4.1 percent.
“If you look at the state of the overall economy and, in particular, the recent large decline in consumer confidence, these combined statistics continue to indicate that the housing market is still bottoming and has not turned around,” Standard & Poor's David Blitzer said in the report.
Only Detroit and Washington, D.C. had slight year-over-year price gains, according to Case-Shiller.
The largest annual price declines were in Minneapolis, 9.1 percent, and Phoenix, 8.8 percent.
Dallas-area home prices in the index at midyear were down about 8 percent from the top of the local home market in 2007.
Bankrupt Woman Ordered to Pay Court
May 24, 2011
Court: Bankrupt woman must pay $47k
May 18, 2011
A former Mullan, Idaho, woman now living in Oregon is required to pay nearly $50,000 in restitution for concealing property during a bankruptcy filing.
The $47,927.95 restitution is the amount Vicki Jean Fehrs, 56, earned from the sale of a property in Mullan she'd transferred to her son before filing for Chapter 7 bankruptcy in U.S. Bankruptcy Court in Idaho in 2006, the U.S. Attorney's Office said today.
After settling the case in 2006, Fehrs sold the property and used some of the money to buy a home in Washington state.
Fehrs failed to disclose the sale proceeds to the trustee or creditors in her bankruptcy case and was charged in U.S. District Court with contempt, a misdemeanor, for disobeying a lawful order of a bankruptcy court.
She pleaded guilty in March and was sentenced Tuesday. She'll be on probation for five years.
click here to read whole story: http://www.spokesman.com/blogs/siren...-must-pay-47k/
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