Asset Protection | Estate Planning, Bankruptcy, Foreclosure & Real Estate Issues, General Startup Advice
Asset Protection Attorney Alert: Have you ever loaned money to your own company? Have you ever loaned money from one company to another? Do you have written loan agreements in place? Do your accounting records properly document the amount owed, transfers made,...
Bankruptcy, Foreclosure & Real Estate Issues
Many people who think about filing for bankruptcy often want to avoid legal costs and either look to do their case themselves or pay a petition preparation company that charge anywhere from $200 to $500 to prepare the forms. The problem with not at least consulting...
Foreclosure & Real Estate Issues
These days many homeowners are realizing that loan modifications are extremely difficult to obtain, so they try to do a short sale of their home. A short sale is when you sell you home for less than what you owe the bank. The bank has to approve the sale which...
Foreclosure & Real Estate Issues
The Treasury announced more attempts to help borrowers in foreclosure or close to foreclosure including payments toward relocation and short sales, as well as additional help for unemployed borrowers.It remains to be seen whether these changes will help fix the...
Foreclosure & Real Estate Issues
Many people do not realize that they may face personal liability for certain debts if they walk away from their home or let it go to foreclosure. In California, if the 1st lender forecloses with a trustee sale, any other lienholders, such as a 2nd or 3rd mortgage or...
Bankruptcy, Foreclosure & Real Estate Issues
The recent announcement by President Obama of incentives to homeowners of $1,500 for selling their home in a short sale is just further evidence that lenders are unwilling or unable to complete realistic loan modifications. The President is realizing that lenders...
