Blog Posts in 2011
Posted on Sep 22, 2011 By Matthews Law Firm
In August, the regional real estate market in Southern California gave some indication of movement, according to recent numbers released by San Diego company DataQuick. Sales rose 8.6 percent from ...
Continue reading "Southern California Home Sales Rise but Prices Still Fall" »
Posted on Aug 8, 2011 By Matthews Law Firm
Data reflecting U.S. home prices though May 2011, recently released by the Standard & Poor’s/ Case-Shiller index, showed a slight increase of 1% from April to May for the second month in a ...
Continue reading "Real Estate Prices Edge Upward, Some Experts Dismiss Progress" »
Posted on Aug 4, 2011 By Matthews Law Firm
Fox Business reports that several U.S. senators are requesting that federal regulators release information that they have been given from banks that have purportedly been involved in faulty ...
Continue reading "U.S. Senators Ask for Information on Efforts to Fix Improper Foreclosure Practices" »
Posted on Jul 20, 2011 By Matthews Law Firm
The New York Times reports that Bank of America’s thousands of borrowers may be foreclosed upon faster as a consequence of a proposed agreement involving the bank and investors. For borrowers ...
Continue reading "Bank of America Foreclosures Expected to Increase" »
Posted on Jul 18, 2011 By Matthews Law Firm
UPI.com reports that foreclosure filings in the first half of 2011 fell 25 percent when compared with the last six months of 2010, and are off 29 percent from the first half of that year. While ...
Continue reading "Over 1 Million Foreclosures Estimated to be Delayed" »
Posted on Jul 15, 2011 By Matthews Law Firm
Citigroup Inc. is being sued by a Texas National Guard sergeant, who alleges that the bank wrongly foreclosed on and auctioned his home during his training for deployment to Iraq, reports The Wall ...
Continue reading "Citigroup Sued by National Guard Sergeant Over Foreclosure" »
Posted on Jul 13, 2011 By Matthews Law Firm
The Washington Post reports that Grammy award-winning singer R. Kelly is facing a $2.9 million foreclosure on one of his homes in Chicago. JPMorgan Chase Bank filed the foreclosure lawsuit in June, ...
Continue reading "R. Kelly Faces $2.9 Million Foreclosure on Chicago Home" »
Posted on Jul 11, 2011 By Matthews Law Firm
Bankruptcy cases are handled by federal courts that are set up specifically to handle bankruptcy cases. Bankruptcy courts typically have their own staff that have experience handling bankruptcy cases ...
Continue reading "If I File for Bankruptcy in California, Will I Have to Go to Court?" »
Posted on Jul 5, 2011 By Matthews Law Firm
There are two primary types of individual bankruptcy that a person can file under, designated by chapter numbers: Chapter 7 and Chapter 13. Under a Chapter 7 bankruptcy: A debtor may discharge all or ...
Continue reading "Should I File for Chapter 7 or Chapter 13 in California?" »
Posted on Jun 15, 2011 By Matthews Law Firm
The Wall Street Journal reports that California Attorney General Kamala D. Harris, in conjunction with Illinois Attorney General Lisa Madigan, has issued subpoenas to two businesses that aid mortgage ...
Continue reading "California Attorney General Expands Probe into Foreclosures" »
Posted on Jun 8, 2011 By Matthews Law Firm
In general, bankruptcies are designed to either wipe out certain debts or to reorganize those debts into manageable payments. However, in some cases, debtors choose to reaffirm the debt by promising ...
Continue reading "Knowing the Basics on Reaffirmation Agreements in Bankruptcy" »
Posted on May 19, 2011 By Matthews Law Firm
In our previous blog post, we discussed two of the top five myths that many people believe when it comes to filing for bankruptcy. Now we conclude our two part series by explaining three other major ...
Continue reading "Learning More about the Top 5 Bankruptcy Filing Myths" »
Posted on May 17, 2011 By Matthews Law Firm
It can be a difficult decision to file for bankruptcy, as it is an option that many people and businesses don’t quite understand, with many false beliefs held by some as truths regarding the ...
Continue reading "Separating Fact from Fiction: The Top 5 Bankruptcy Filing Myths" »