Tag Archives: Bankruptcy

Emergency Bankruptcy Filing Saves Home for Single Mother in Fontana, CA

Irvine, California (Vocus) February 12, 2010

Blanca Haro of Fontana, CA, sought help from United Law Group to save her home. Owing over $ 150,000 on a home valued at just over $ 118,000, this single mother did not qualify to refinance the five-year ARM that was about to adjust. Her loan servicer refused to re-negotiate the terms of her loan despite her three-and-a-half year payment history because her job with the school district was not a year-round position. Just months away from obtaining a teaching credential, which would give her a permanent position as a teacher in Fontana Unified School District, Haro is currently employed by the school district to help non-native speakers at the high school level to achieve proficiency in English. Haro hopes that others will be helped by her story.

I was referred to United Law Group by my cousin because the firm had done a good job for them, said Haro. United Law Group worked hard on my behalf and when the servicer threatened to foreclose they really pulled through. The firm saved my home.

This single mother of two lost her third child four years ago. Having endured one of the greatest hardships a parent can face, she worked hard to provide for her surviving children.

Despite a mandate to help homeowners by President Barack Obama and the government, this servicer tried several tactics to avoid modifying her loan, said United Law Group Managing Director Robert Buscho. Bankruptcy was the only option to prevent Ms. Haro and her children from being thrown out on the street.

A recent article in Yahoo Finance calls attention to the fact that former homeowners across the nation may be liable for the difference between what they owed on their mortgage and what the bank sells it for at auction. Though California is a non-recourse state that doesnt allow deficiency judgments, the article states that, even there, if the original loan was refinanced, some or all of it may be subject to claims.

Bankruptcy is only recommended in those situations where all other alternatives have been exhausted, but it can hold off foreclosure and give a homeowner the chance to gain control over their financial situation, said Buscho. Because of vast discrepancy between the value of her home and the outstanding loan, bankruptcy was the best option in this case.

The team at United Law Group was wonderful, said Haro. The gentleman in charge of the bankruptcy department explained what bankruptcy meant. I did the credit counseling that day and he stayed with me until nine or ten that night so we could complete the paperwork in time to save my home.

Though the bank had already sold her home, the firm requested a reversal of sale because the bankruptcy had been filed before the sale.

People need to know that they have options and that help is out there, said Haro. You cant sit back passively and expect things to get better. Working with United Law Group saved my home.

In addition to bankruptcy services, United Law Group also represents consumers in cases involving debt settlement, IRS settlement, auto loan payment relief, breaches of contract and violations of state and federal laws. They have several class action lawsuits pending against major lenders.

About United Law Group

United Law Group is a national law firm with offices in California, New York, Florida, Ohio, Nevada & Arizona. The firm represents consumers in complex litigation concerning abusive banking practices, breaches of contract and violations of state and federal laws. United Law Group also litigates cases involving bankruptcy, IRS settlements and debt settlements in state and federal courts across the nation. Employing a team of top-notch attorneys, United Law Group leverages leading-edge technology to manage cases, support investigative efforts and ensure accurate, frequent communication with its clients. The firm is forming class action lawsuits in cases where order to provide the best legal counsel to individuals who might not be able to resolve their issues without representation.

For further information on United Law Group, visit: http://www.UnitedLawGroup.com or call United Law Group at (800) 680-5717.

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New York Bankruptcy Lawyer Triumphs Over Shoddy Mortgage Lender Practices

New York, NY (PRWEB) March 4, 2010

New York homeowners filing for bankruptcy are breathing a sigh of relief, knowing that the courts are on their side. In a scathing opinion issued recently by US. Bankruptcy Court Judge Martin Glenn, JPMorgan Chase Bank was effectively denied payment of their entire alleged mortgage claim because they refused to prove their ownership of the loan. The case is In re Minbatiwalla, Chapter 13 Case No. 09-15693 (MG) (Bankr.S.D.N.Y. 2009).

Kerman J. Minbatiwalla, a Manhattan homeowner, filed for Chapter 13 bankruptcy to repay his debts over time and save his East Side condominium. Though he was current on his mortgage at the time his case was filed, Minbatiwalla is the poster child for a system gone horrible wrong at the hands of shoddy recordkeeping at his mortgage company.

Minbatiwalla had two mortgages with various JPMorgan Chase entities. On filing of his bankruptcy, Chase Home Finance, LLC filed papers with the court on behalf of U.S. Bank as well as an unknown mortgage trust asking for payment of pre-bankruptcy arrears; a second claim was filed by JP Morgan Chase Bank N.A. also demanding payment of arrears.

Minbatiwallas attorney, Manhattan bankruptcy lawyer David B. Shaev, looked on both documents with suspicion. My client wants to pay his mortgage, but now he doesn’t know who is the rightful recipient of the money. There was nothing but a summary attached, with nothing to indicate which party was which, or to whom the monies should be paid, Shaev said. A string of mortgage trusts and servicers only confused the situation, and we needed to be sure that the property parties would be paid.

Though Shaev demanding more information on the transfer of the loans and the relationships of the parties, he was met with no response. Undeterred, he demanded that the claims for payment be denied in full.

Bankruptcy Court Judge Martin Glenn, in a 26-page written opinion, found that Chases failure to attach documentation and respond to the Shaevs information requests is fatal to their claims for payment. Here it is not clear whether the claim was assigned to Chase, or whether Chase was the original party on the mortgage and the note, Glenn wrote. [T]he Debtor requested additional information from the claimant in October and has received no documents.

A copy of the full opinion is available from the Court’s website here.

This is not the first time Shaev has seen mortgage servicer abuses in the bankruptcy courts. He has recently fought and won in cases against a variety of lenders who have refused to treat bankruptcy debtors with the fairness the law demands.

The homeowner won the battle today, Shaev said on hearing of the decision. But with so much mortgage servicer abuse in bankruptcy, the war wages on.

David B. Shaev is a New York bankruptcy lawyer and partner at Shaev & Fleischman, LLP where he concentrates his practice in the field of protecting consumers in bankruptcy. To find out more, please visit Shaev & Fleischman, LLP. Members of the press may also see past coverage of David here.


Atlanta Bankruptcy Attorney Counters Foreclosure Sneak Attacks by Lenders

Atlanta, GA (Vocus/PRWEB) December 13, 2010

Atlanta bankruptcy attorneys at the Sandberg Law Firm are fighting an underhanded strategy used by mortgage lenders to foreclose on homeowners while going through the seemingly helpful process of developing a loan modification plan for a borrower. This process is called Double Tracking by the lenders. Double Tracking sets up a virtual Pearl Harbor Like sneak attack on a borrower, because while the supposed loan modification is underway the lenders attorneys are rapidly moving forward with the foreclosure process. There is a huge upside for banks because it is much less costly for a lender to foreclose on a homeowner than to modify an existing home mortgage.

The Sandberg Law Firm has established their own unique version of Double Tracking however, Sandberg Laws Double Tracking is designed to counter lender foreclosure sneak attacks on borrowers. This approach puts the clients interests as a priority and keeps the lenders foreclosure plans at bay. By using Chapter 13 Bankruptcy the Sandberg Law Firm can use the power of the law to stop a lenders foreclosure plans dead in their tracks.

Often called the middle class bailout, Chapter 13 Bankruptcy can also help to wipe out credit card and medical debts and reduce or eliminate car payments. The use of Chapter 13 Bankruptcy can not only stop foreclosure, but help homeowners reduce debts such as second mortgages. Sandberg Law Firm can stop any type of foreclosure that a lender may use to attempt to take possession of a persons home. The firm helps homeowners deal with lenders by highlighting the fact that they cannot be turned down for a mortgage modification because they are filing for Georgia Chapter 13 Bankruptcy protection.

To educate its clients about how to deal with these issues, the Sandberg Law Firm has developed a series of free Bankruptcy seminars that cover areas such as debt relief, foreclosure and bankruptcy. The seminar series also covers specific topics of interest including Chapter 13 Bankruptcy workouts, the home foreclosure process, loan modifications and short sales. The Firm also includes other useful information such as how to deal with: the Internal Revenue Service, mortgage lenders, credit card companies and the Georgia State Tax Commission. They also deal with how to handle repossession of personal property, child support, court appearances and the bankruptcy process.

Tony Sandberg commented on the Firm’s unique Double Tracking approach to dealing with mortgage lenders. “We developed this process to stop lenders from foreclosing on homeowners while they were telling them that they were working on a loan modification. This sneak attack tactic is deceptive and needs to be stopped. We want to help homeowners stay in their home. We have an extremely experienced legal team to help our clients through the Chapter 13 Bankruptcy process and our free seminars can also help them get the Georgia Bankruptcy information they need to make good decisions about their current financial situation.

The Sandberg Law Firm has a staff of Atlanta bankruptcy lawyers that is one of the largest in the State of Georgia. The firm has a number of offices located conveniently around the Atlanta metro area and across the state. The satellite offices are located in Cartersville, GA, Conyers, GA, Douglasville, GA, Duluth, GA, Fayetteville, GA, Gainesville, GA, Newnan, GA, Rome, GA and Stockbridge, GA. The Firm’s strategically located offices make it easy for clients in need of a Georgia Bankruptcy Attorney to visit an office and speak with an expert attorney in person. The Sandberg Law Firm’s main office is at 229 Peachtree St, International Tower Suite 705, Atlanta, GA 30303, phone 404-827-9799. The Sandberg Law Firm has selected Atlanta SEO Company, Interactive Search Marketing, to provide its Search Engine Optimization and website development services.

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Phoenix Bankruptcy Law Firm Now Offering Free Initial Consultations

Phoenix, Arizona (PRWEB) June 08, 2012

With the increased need for consumer bankruptcy representation in greater Phoenix and throughout Arizona, the Pew Law Center has extended its free bankruptcy initial consultation service to residents needing protection from creditors. Those who take advantage of the centers free confidential sessions will meet individually with a bankruptcy attorney to discuss the availability of debt relief through Chapter 7, Chapter 11, and Chapter 13 filings. Each individual learns what legal options are available by meeting privately with a knowledgeable bankruptcy lawyer, one who fully comprehends the persons financial circumstances and knows precisely how the existing bankruptcy laws will apply.

If you can appreciate how deeply people suffer under unmanageable debt, then you understand how vital it is for them to get some free reliable legal guidance, said the law firms founder, Lawrence D Pew. So many of the people we help arrive at our doors feeling defeated and hopeless, continued Mr. Pew, giving them that free initial meeting with an experienced bankruptcy attorney is invaluable to them. Without it, they dont know where to begin setting things right.

By meeting with someone who has the answers to their legal questions, residents learn where to begin and what bankruptcy will and will not do for them. Some Arizona parents, for example, are under the mistaken belief that the court will eliminate their child support obligations through bankruptcy. Not so, says Mr. Pew, child support is not dischargeable in bankruptcy. If the person was planning to file for bankruptcy on his or her own, then that important legal detail would be something to know before filing, not after.

Most people are so overwhelmed with their financial plight, according to the Mesa law firms founder, theyre afraid to spend money on anything let alone an attorney, even if they desperately need to know how bankruptcy can help them get out of debt. To give those individuals a much-needed break, the Pew Law Center has decided to continue offering free initial consultations on bankruptcy until further notice.

For additional information about how the Pew Law Centers free initial consultations help eliminate debt, contact http://www.PewLaw.com or call 480-745-1770.

Lawrence ‘D’ Pew is an experienced tax, bankruptcy, and transactional attorney, and founder and managing attorney of the Pew Law Center, PLLC, a leading Arizona tax and bankruptcy law firm focused exclusively on debt relief. With offices in Mesa, the law firm serves Arizona residents in the greater Phoenix area, including Scottsdale, Mesa, Tempe, Gilbert, and Chandler. A client-oriented law firm with a mission to always exceed client expectations, the Pew Law Center has helped over 2,000 people file for bankruptcy and eliminate over $ 100 million in debt.

Leading Houston Bankruptcy and Family Law Firm Busby & Lee Announces Name Change to Busby & Contreras

Houston, Texas (PRWEB) September 24, 2007

Houston Bankruptcy and Family Law Firm Busby & Lee, located in the Galleria area, recently announced a name change to Busby & Contreras. Ricardo Contreras, who is now a partner with the firm, shares the firm’s commitment to the community and their legal rights.

“I enjoy working here immensely,” said a smiling Contreras.

“I have a great staff and we all work very well together as a team. I look forward to growing with the firm, especially since we will open a new office soon,” Contreras added.

Contreras is a May 2005 graduate of South Texas College of Law and has been with the firm for nearly five years. During his tenure with the firm, he worked on a variety of cases, ranging from personal injury to criminal cases.

He currently represents clients in the bulk of the firm’s family law cases and heads the Family Law Section. Contreras works with a full support staff and will be the managing partner for the new Busby & Contreras office scheduled to open early next year.

“Rick is a great guy and we are great partners because we share the same goals and we work well together. He is an excellent attorney,” said partner Michael Busby, Jr.

Busby & Contreras is a full-service family law firm, which works on adoptions, Attorney General and child support cases, CPS cases, contempt actions, military divorces, modifications of visitation and custody orders, motions to terminate wage orders, paternity cases and protective/temporary restraining orders. They represent clients in Harris County and throughout the region. To learn more about the firm and its scope of service, visit http://www.busby-lee.com or call (713) 974-1151.


Busby & Contreras Helps Explain New Law Affecting Bankruptcy Rules

Houston, TX (PRWEB) October 4, 2007

The Houston-based bankruptcy and family law firm Busby & Contreras helps explain a new law affecting bankruptcy rules, while assuring clients that it does not impact their rights to bankruptcy protection.

The partners explain that the Bankruptcy law requires all debtors to fulfill two education requirements: a credit-counseling course prior to filing and a financial management course before obtaining a discharge. While one of the Chapter 13 Trustees in Houston offers the required 2ND course to Chapter 13 debtors, another trustee does not offer them. Chapter 7 debtors are required to take the courses on their own.

“All bankruptcy education courses are available in person, over the phone, or over the Internet. They are approved for the district in which the debtor is filing and we can provide all of the information on course costs and availability,” said Partner Ricardo Contreras.

What is Chapter 7 Bankruptcy?

Chapter 7 Bankruptcy is often referred to as a “liquidation bankruptcy.” In Chapter 7, all of the debtor’s assets, other than those specifically exempt from liquidation, are turned over to a bankruptcy trustee for sale.

Sale proceeds, if any, are distributed among the creditors. In most cases, Chapter 7 debtors have little non-exempt personal property, because of Texas exemption laws. Chapter 7 Bankruptcy is used to eliminate, or discharge primarily unsecured debts such as credit cards or medical bills. Chapter 7 does not eliminate secured debts, such as vehicles (unless the secured item is surrendered). Chapter 7 will not save houses from foreclosure or a car from repossession if payments are delinquent.

What is a Chapter 13 Bankruptcy?

Chapter 13 bankruptcy results in a plan to repay all or part of a debt. Many times a debtor is allowed to pay credit cards and medical bills at pennies on the dollar. Chapter 13 is used most often to save a house from a foreclosure sale or vehicle from repossession. Chapter 13 is also useful to eliminate some IRS debt and to establish an affordable plan to pay IRS debt that cannot be eliminated. Chapter 13 Bankruptcy is available to debtors with regular income.

What is the Means Test and does the Means Test Apply to Me?

The means test is an objective test to determine ones ability to fund a Chapter 13 plan or eligibility for a Chapter 7 bankruptcy. If a debtor is above the median income for their state, and their debt is primarily consumer debt then they must submit to a means test. Effective October 15, 2007, the median income for households of one to four is noted below.

Chapter 13 Bankruptcy Dismissed? Houston’s Busby & Contreras May Be Able to Help

Houston, TX (PRWEB) October 26, 2007

The people’s attorney, Busby & Contreras, continue their effort to empower the public through education on family and bankruptcy law, as one of Houston’s leading full-service family law firms.

While their information campaign over the past several months has focused on changes in law affecting divorce and bankruptcy, the team of attorneys turn their attention to a Chapter 13 Bankruptcy that has been dismissed — helping clients understand what options they may have.

According to the Busby & Contreras attorneys, individuals have three main options when their Chapter 13 Bankruptcy is dismissed: 1.) move to vacate the dismissal order and void the dismissal; 2.) re-file under Chapter 13; or 3.) re-file under Chapter 7.

“If an individual chooses the first option and moves to vacate the dismissal order and void the dismissal, it may be possible for them to have the court reinstate the case, which is likely if all missed payments are satisfied and the request for reinstatement is made no more than 10 days after the dismissal,” said Busby & Contreras Partner Michael Busby.

Busby explained that the next option, re-filing under Chapter 13, is possible if an individual has had one case dismissed in the last year and the automatic stay expired 30 days after the filing of the 2nd case.

He further explained that if this option is pursued and the individual has had within the last year two previously dismissed cases, with the present case representing the third, then some creative planning may be required.

“If you have a co-signer on the house or a car then a co-debtor stay may be available under this second option. Also, you will have to qualify for Chapter 13 as before and demonstrate that this subsequent filing was made in good faith,” added Busby.

And according to Busby, the third option, re-filing under Chapter 7, when a Chapter 13 is dismissed is advisable if a discharge of debt was not received. Though by filing under Chapter 7, retaining property secured by debt, which was being paid by the Chapter 13, such as a car, is unlikely. But it is possible to obtain a discharge of most kinds of debt.

Though, the attorneys point out that before re-filing, there is a 180-day wait period following the dismissal of a previous case if that case was dismissed under either one of two circumstances: 1.) the case was dismissed on the court’s order because of willful failure to obey orders of the court or to appear in court when required — though inability to make plan payments would not necessarily be considered a willful failure to obey a court order); or 2.) the case was dismissed at the individual’s request after the filing of a request for relief from the automatic stay.

Irvine Bankruptcy Lawyers Launch A New Video On The Basics Of Bankruptcy And Its Legal Repercussions

Irvine, California (PRWEB) April 11, 2013

The residents of Irvine recently received free legal advice in the form of a YouTube video released by the well-known Irvine bankruptcy attorneys Zhou & Chini. The video has been designed to teach the basics of bankruptcy to debtors and dispel some of the fears when someone is considering filing. Before filing a petition, it is important to learn all the rules and regulations as well as the rights that the court gives to debtors under certain conditions. Only after learning all the concepts should a person file for bankruptcy and they should seek legal help in order to get out of this mess quickly. Bankruptcy is a legal process that will allow someone to clear most of their outstanding debts quickly and get a fresh start. A Chapter 13 allows debtors to repay their outstanding debts after the court gives him a time frame of up to 5 years to arrange for all the due payments. The law was designed to help honest individuals and established businesses to come out of this situation without having to mortgage their properties or making their homes experience foreclosure. Many people are still unaware of the rights that are granted to them under the Bankruptcy Code, and therefore they are sometimes unable to make proper decisions in order to secure their financial future. The bankruptcy lawyers in Irvine recognized this issue and therefore they decided to launch a video based on the basic concepts that revolve around bankruptcy and its legal repercussions. The video is designed to help both debtors and creditors and to educate them on their legal rights in this process. Moreover, the video is useful for media personnel, and those thinking of filing for bankruptcy in Irvine to learn about the basics of bankruptcy. The video shows how to go about filing a petition, and handling it according to the set rules and regulations. To talk to an Orange County bankruptcy attorney, or to view the latest video for Irvine residents visit, http://www.youtube.com/watch?v=_wlE32DQsKU

Different bankruptcy courts are serving the residents of different cities in the United States. You first need to find out about California bankruptcy information and with which court you should file a petition. This can be determined by organizing your business resources and assets and then contacting the court through a seasoned Irvine bankruptcy attorney. Not just the petition but several other things also need to be submitted to the court, which include a schedule of your current source of income and a statement of past financial events. The details can be found in chapter 7 of the Bankruptcy Code titled as Liquidation under the Bankruptcy Code. It is important for individual debtors as well as established businesses to learn about the different protections that filing for bankruptcy in Irvine has to offer. The process of bankruptcy was designed to let these people start their financial career afresh without going through the disappointing and heartbreaking steps of foreclosure or creditors attaching ones assets. The bankruptcy attorneys in Irvine understand that it takes many years to build a financial status individuals dont want to throw it away just because of some issues that may happen from many different issues The recently released video has made the residents of this city and the surrounding areas quite happy. Now they can simply watch it to gain adequate information on the process before getting in touch with an experienced Irvine bankruptcy lawyer to get out of this dire situation in no time. To learn more about the Irvine bankruptcy law firm visit, http://bankruptcyattorneyorangecounty.org/bankruptcy-attorney-irvine-ca

Speak to Zhou and Chini bankruptcy attorneys about which assets are protected under the bankruptcy laws in your California. Some debts are not eligible for discharge in bankruptcy. Child support payments, students loans and most tax debt will not be discharged in bankruptcy. The Orange County firm uses the professional SEO services to assist in law firm marketing to promote the message about the importance of speaking with a bankruptcy lawyer in Irvine CA, if someone is considering filing. The firm continues its online presence by offering zero cost bankruptcy information on bankruptcy firms blog and social media pages. This information along with free consultations the firm hopes to attract more Irvine residents looking for financial relief. To read more about the firms bankruptcy attorney Irvine Facebook page visit,https://www.facebook.com/BankruptcyAttorneyIrvine.

About the Firm: The Law Office of Zhou & Chini servicing the cities and counties of California. He is a graduate of UCLA and has been practicing law since 1999. Mr. Zhou has a wealth of experience in bankruptcy, civil litigation, family law, criminal law and unlawful detainer. Zhou and Chini Law Offices provide bankruptcy assistance to Orange County, Los Angeles, Orange County and San Diego residents.

Contact: Ron Chini

Website: info(at)bankruptcyattorneyorangecounty(dot)org

Phone: 888-901-3440

Riverside Attorneys Complete Another Bankruptcy Informational Page For Murrieta California

Murrieta California (PRWEB) May 10, 2013

The new California bankruptcy information website completes its Murrieta California bankruptcy information page. The Zhou and Chini bankruptcy law office has been developing a new wiki style website that has informational links that direct people to state and federal websites. Many individuals in Murrieta are looking to file for Chapter 7 bankruptcy, Know widely as liquidation or straight bankruptcy. Chapter 7 bankruptcy provides that person with protection from their creditors and relief from many of the debts that have overwhelmed and burdened them. It will allow the filer to clear most of the outstanding debts fast and get a fresh start with their financial life. To qualify for a Chapter 7 bankruptcy people must make less than the median income for people in the area. If the individuals income is above the medium income leveling the area, that person may still be Eligible for Chapter 7 protections, but the individual will have to undergo a means test to determine how much disposable income is available. Under Chapter 7 bankruptcy, the filer will have the ability to keep all of the exempt assets. Exempt items differ from state to state. Generally they will include retirement savings in approved pensions, 401K and individual retirement accounts (IRA). Some debts are not eligible for discharge in bankruptcy. Child support payments, students loans and most tax debt will not be discharged in bankruptcy. The Murrieta bankruptcy lawyers believe it is best to consult with an attorney if someone is going to file bankruptcy. The lawyers offer a no cost consultation for anyone who is considering filing and can be reached through their website here, http://www.bankruptcyattorneyinmurrieta.com.

The new website is a massive display of bankruptcy law information and links. The new page for Murrieta has all the information someone would need to make an informative decision about filing. The new page should be the go to site for individuals looking for all the information pertaining to filing for bankruptcy in Murrieta. Financial problems can be trying, but there is help available. Filing bankruptcy can bring a relief from creditor phone calls and debt collection efforts. It will allow the individual that files to restructure the debt and begin building a brighter future.To schedule a free and confidential consultation call the Law Offices of Zhou & Chini today and speak with a California bankruptcy attorney. To view the new page visit, http://www.californiabankruptcyinformation.com/wiki/murrieta/

The law firm has been using a SEO company to promote the bankruptcy attorneys for internet marketing to help promote the message about the importance of speaking with an experienced bankruptcy attorney in Murrieta CA, when an individual is considering filing for bankruptcy. The bankruptcy firm continues its online presence by offering no cost bankruptcy information on the firms blog and social media bankruptcy pages. This information along with zero cost consultations the Riverside bankruptcy attorneys hope to help more homeowners learn about bankruptcy and what options they may have. To read more on the bankruptcy attorney Murrieta Facebook page visit, http://www.facebook.com/BankruptcyAttorneyMurrieta.

About the Firm: The Law Office of Zhou & Chini servicing the cities and counties of California. He is a graduate of UCLA and has been practicing law since 1999. Mr. Zhou has a wealth of experience in bankruptcy, civil litigation, family law, criminal law and unlawful detainers. Zhou and Chini Law Offices provide bankruptcy assistance to Riverside, Los Angeles, Riverside and San Diego residents. For more information about bankruptcy attorney Riverside law firm please call the toll free, 888-901-3440


Ron Chini

Phone: 888-901-3440

Email: info(at)bankruptcyattorneyinmurrieta(dot)com