Posts In Mortgages and Bankruptcy

How Long Must One Wait to Qualify for a Mortgage After Bankruptcy Jun 23

The primary purpose for filing a bankruptcy is to obtain a “fresh start”. That is, to be in a position to move forward without the ...

What Is a "Lien Strip" and How Does It Work? Sep 05

When the real estate market crashed, starting in 2007, we had many homeowners stuck in a situation where their homes plummeted in ...

JP Morgan Halts 50,000 foreclosures Oct 03

According to ABC News/Money, JP Morgan has stopped 50,000 foreclosures while it reviews documents for errors. ...

Arizona Short Sale - If bankruptcy is in your future, be careful Oct 05

Selling your home “short”… What does this mean and why would you want to consider it? When homeowners sell a home “short”, they ...

Will Arizonans Be Able to "Cram" Down a First Mortgage in Chapter 13 Bankruptcy? Feb 06

Congress continues to ponder a change to the bankruptcy code that would allow bankruptcy Judges to treat mortgages the way that ...

Why Chapter 13 Bankruptcy in Arizona? Jun 24

The following are two lists. The first is a list of the most common reasons I encounter in representing clients with debt that ...