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Getting a Mortgage After Filing Bankruptcy

I saw this article on AOL today and thought I would pass it on to anyone who is thinking about filing bankruptcy or has filed bankruptcy. When I first started working with Charlie (not his real name) in 2005, his bankruptcy had just been discharged,… Read More
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Can a Second Mortgage Foreclose?

In most states, including Maryland the answer is yes a second mortgage can foreclose if in default.   The practical difficulty is that many junior mortgages are partially or wholly under water.  This makes foreclosure all but impossible.  In the… Read More
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Taxes Resulting From Foreclosure and How to Avoid Them

Tax Fact 10-Mortgage Debt Forgiveness: Forms 1099-A and 1099-C By Kent Anderson, Oregon Bankruptcy Attorney on Mar 19, 2010 in Tax Issues If your home is foreclosed, sold at a short sale, or if you give the home back to your lender in satisfaction o… Read More
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