Ohio Bankruptcy, Dayton Bankruptcy
bankruptcy attorney in Dayton Ohio

Category: Mortgage

Mortgages and Bankruptcy

November 24, 2015 | Posted in Mortgage

There are many individuals that find themselves in such financial difficulty that there is a risk that they are going to lose their home to foreclosure. Although interest rates are lower than what they have been for quite some time, there is a large number of people that are unemployed and have a run into […]

 Contine reading

Your Home In a Bankruptcy

November 17, 2015 | Posted in Mortgage

Most everyone is concerned about what they are going to lose if they decide to go bankrupt. They are concerned about their personal assets, and those that are not familiar with the bankruptcy laws often make the wrong assumptions. The first step that any individual that is in a serious financial predicament should do is […]

 Contine reading

Can Joint Home Ownership Be Affected in a Bankruptcy?

October 6, 2015 | Posted in Mortgage

Many individuals decide to buy property jointly. This can be a husband and wife, or other family members or even two friends. It may be for investment purposes. The problem that can arise however, is that a home that is owned jointly could be affected by one of the owners going bankrupt. Property Matters It […]

 Contine reading

What Happens to Your Second Mortgage in a Bankruptcy?

August 13, 2015 | Posted in Mortgage

Most people are worried about what their creditors can do to them. They are also worried about what they will lose in their bankruptcy. Some are shocked to discover that going bankrupt does not necessarily mean that all their debts are wiped out, and they don’t lose any of their possessions. While it does happen […]

 Contine reading

Reducing your Investment Property Mortgage in Your Bankruptcy

August 6, 2015 | Posted in Mortgage

Many individuals before running into financial difficulty invest in properties. Then when they run into financial problems and have no other choice but to go bankrupt, they then run the risk of losing that property. In a chapter 13 bankruptcy there is something called a cram down that might help to prevent the loss of […]

 Contine reading

My Home In Bankruptcy

March 19, 2015 | Posted in Mortgage

What happens to your home if you decide to go bankrupt will all depend which bankruptcy you qualify for and your specific circumstances. In a Chapter 13 bankruptcy you will not be at risk of losing your home. The mortgage holder also cannot increase your interest or change any other terms of the mortgage just […]

 Contine reading

FICO Changes Won’t Help Mortgages

September 18, 2014 | Posted in Mortgage

The release of a new FICO scoring system was initiated earlier this month. With anxious consumers awaiting the benefits of the new system, more information is rising that could prove to be a disappointment to consumers. New System, New Score The FICO 9 scoring system was launched for testing on the first of September. The […]

 Contine reading

Options for Your Underwater Mortgage

December 12, 2013 | Posted in Mortgage

Although the numbers are steadily decreasing across the country, many homes and homeowners are faced with underwater mortgages. For those who don’t know, an underwater mortgage is a mortgage in which more is owed than the current value of the home. During the housing market crisis, large numbers of homes went underwater due to plummeting […]

 Contine reading

Catch-Up On Your Mortgage Through Bankruptcy

June 19, 2013 | Posted in Mortgage

If you’ve fallen behind on your mortgage payments, there’s no worse feeling than knowing that the threat of foreclosure looms over you and your family. While many debtors work with a bankruptcy lawyer to prevent or stall the foreclosure process, why not use the opportunity to catch-up on your mortgage? If you can continue making […]

 Contine reading