Can bankruptcy help you fine tune your life like a guitar? Absolutely! Yesterday, I was playing guitar with my son. His guitar was way out of tune. The sound just irritated my ears. Twang…….the notes just did not flow together. Every time he tried to play his guitar, it just did not sound right. He […]
Bankruptcy Can Help You Fine Tune Your Life Read More »
Can you imagine living in a state where a mortgage company could take your house away from you through foreclosure without you ever knowing about it? Welcome to Georgia! Your mortgage company currently has no legal obligation to notify you of their intent to foreclose on your home. However, in a recent online edition of
Georgia Senate Approves Foreclosure Notification Bill Read More »
April 2011 has been a rough weather month for Northwest Georgia. Last night, Rome was under a tornado warning. The Rome News Tribune reports that over 30,000 people are without power. Floyd County schools are closed today because of the power outage. The Cartersville Daily News Tribune reports that Grassdale Road got hit pretty hard
Stop Foreclosure – Don’t Wait Until the Last Second To File Bankruptcy Read More »
“How fast do I need to file bankruptcy to stop a foreclosure in Georgia? When is it too late to file? Can I wait until the last second?” I get these questions from potential bankruptcy clients in Dallas, Cartersville, Rome, Calhoun and Dalton, Georgia every month. Technically, as long as you have a bankruptcy case
How Fast Do I Need To File Bankruptcy To Stop a Foreclosure in GA Read More »
Yes, Chapter 7 bankruptcy will stop the foreclosure of your home in Georgia. However, it will only stop it for short period of time. Any person who is facing foreclosure that wants to keep their home should consider a Chapter 13 bankruptcy. Chapter 7 is designed for people who are wiping out of their debts
Will Chapter 7 Bankruptcy Stop The Foreclosure of My Home? Read More »
The Wall Street Journal reported today that GMAC and Bank of America restarted foreclosures that were previously frozen because of document concerns (Click here to read the full article). The Journal reports that Bank of America has reopened more than 100,000 foreclosure actions because it “had found no significant problems in its procedures for seizing
GMAC and Bank of America Restart Foreclosures Read More »
I have recently noticed a significant increase in the foreclosure of homes in the Rome, GA area. Mortgage companies seem to have gotten more aggressive about starting the foreclosure process in Georgia. While there have been many headlines in the newspapers about government action that has been taken to stem the tide of foreclosures, I
Foreclosure On the Rise in the Rome, GA Area Read More »
As I looked through the number of foreclosure advertisements in various local papers this month, I have noticed a twenty five percent drop from January 2010 to February 2010 in some counties. I don’t know if this is just a local trend or a national trend. The number of foreclosures in January 2010 was unusually
Foreclosures in Northwest Georgia Drop Twenty Five Percent this Month Read More »
If you miss a few mortgage payments while you are in Chapter 13 in the Northern District of Georgia, the attorneys for the mortgage company will file a Motion for Relief against you. They will charge you approximately $800 for filing this motion. Generally, we can work out a deal with them to put their
Missed a Few Mortgage Payments While in Chapter 13 Read More »
In my opinion, this is a bad idea. If you are able to make your mortgage payments, do so. I recently spoke with a person who quit making mortgage payments so that his mortgage company would consider him for a loan modification. They filled out all the papers as requested by the bank for the
Quit making my house payments to get a loan modification? Read More »