Unlawful Detainer [Eviction] Confusion
From time-to-time, we receive calls from clients and prospective clients about the dreaded “Three Day Notice.” While in theory its very simple, in practice the Three Day Notice tends to throw even the most experienced landlords for a loop. By way of background, the Three Day Notice is used, in the context of a residential tenancy, to get the tenant to perform an action that they are required by the lease to perform, but have failed to do
read moreMyths About Bankruptcy
Bankruptcy is a word that often evokes a lot of emotion from people. Fear, anger, loathing and a wide range of feelings are often associated with just the mention of bankruptcy. The truth is that bankruptcy is not something to be feared, looked-down-upon nor reviled. Common misperceptions lead people to reach for those fears, and in this article I hope to dispel a couple of these [more . . .]
read moreCongress Bows to the Banks Again, and Again
In a move that has been widely criticized already this morning, the United States Senate voted 45-51 to kill the “Helping Families Save Their Home Act of 2009.” The Act would have given the United States Bankruptcy Courts jurisdiction to modify a debtor in Chapter 13 bankruptcy’s primary residence mortgage to bring it within affordability standards. The Act was hailed by many in the industry, including bankruptcy judges as “correcting” a long-standing anomaly in the bankruptcy code which allows debtors to modify all kinds of secured debt, including car loans, loans on vacation homes and yachts, but not a loan secured by the debtor’s primary residence [more . . .]
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