Coronavirus and Bankruptcy
On March 26 I wrote a post saying that coronavirus will bankrupt far more people than it kills. We’re seeing that come to fruition. Two large businesses have filed bankruptcy just in the last [...]
Mortgage Servicer in Bankruptcy
Ditech Holding Corporation, a servicer of thousands of both reverse and forward mortgages, filed bankruptcy earlier this year for the second time in 14 months. This time around, Ditech sought a [...]
Why Is My Lender Heartless?
“A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.” This quote is often attributed to Mark Twain (as are so many [...]
Bankruptcy Scams
Because bankruptcy can stop creditors’ collection efforts, at least temporarily and sometimes permanently, and because bankruptcy laws are complex, fraudsters often target people in [...]
Late Fees After Bankruptcy
The question of late fees often comes up following bankruptcy. Whether you’re required to pay late fees after bankruptcy depends on several things. Are the Late Fees Pre-petition? If you [...]
Is commercial real estate the next growth sector for bankruptcies?
Remember back to 2007 and 2008 when the residential housing market collapsed and we entered the Great Recession? Millions of real estate developers and homeowners filed bankruptcy because the [...]
