Bankruptcy’s tie to homeownership
Bankruptcy numbers were artificially low in 2020-2021. Prepare for today’s zombie businesses to fold with the 2023 recession.
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Tag: chapter 13 bankruptcy
May a lender refuse to accept a homeowner’s post-petition mortgage reinstatement and foreclose?
Earline Williams v. 21st Mortgage Corporation
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May a junior lien on a property be extinguished in Chapter 7 bankruptcy when the debt on the senior lien exceeds the property’s FMV?
Bank of America v. Caulkett Facts: A homeowner obtains two mortgages to fund their purchase of a...
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Does a one-year bankruptcy discharge limitation protect a debtor’s property from a creditor’s lien?
Facts: A debtor filed a Chapter 13 bankruptcy petition and transferred property they owned into a...
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