M is for Mortgage Arrears in the Bankruptcy Alphabet. Today, I’m talking mostly about Chapter 13 cases where folks want to save their home from foreclosure. Let’s say that you’re 6 months behind on your mortgage, and you’re facing a potential sheriff’s sale. You’ve got two choices. You can apply for a mortgage modification through your mortgage company. But good … Read More
L is for Lien Avoidance in Bankruptcy
L is for lien avoidance actions in Bankruptcy Court. In order to truly get a fresh start after bankruptcy, it’s best to get rid of all judgment liens. Last week, I discussed “judgments” in the bankruptcy alphabet. There, I talked about the need to file a “suggestion of bankruptcy” in any pending civil cases in which you are a defendant. … Read More