Author name: De Novo Law Firm

Riverside Bankruptcy Attorney-Legislation for Troubled Homeowners

Although the legislation has yet to pass, the Press Enterprise reports that there is momentum gaining for new legislation aimed at making it easier for homeowners to refinance their property at today’s rates.  The legislation will help nearly 2 million people who could benefit from more affordable payments at today’s mortgage rates.  While the proposed […]

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Riverside Bankruptcy Attorney-Predatory Lending Practices

Predatory lending is a general term used to describe several deceptive and fraudulent business tactics used by the mortgage industry.  Much of the real estate boom in the last decade may be attributed to relaxed lending standards and questionable loan practices.  Among those practices include illegal or fraudulent acts by banks to approve loans to

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Bankruptcy Lawyer- How should I deal with debt collectors?

Debt collectors can be aggressive, to say the least. They have a reputation for being relentless. They will do and say just about anything to try to get some of your money. This is a brief guide of how to handle these harassing calls. Should I deal with debt collectors, try to avoid them, or

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Riverside Bankruptcy Lawyer – No More Pie Month?

Marie Calendar’s “Pie Month” may soon be a thing of the past.  The parent company of Marie Calendar’s and Perkins Restaurants has filed for bankruptcy.  Despite the recent bankruptcy filing, Marie Calendar’s will continue to operate as it restructures its business.  Rising food costs and a major recession in California and Florida have contributed to

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Riverside Bankruptcy Attorney – POR QUE DECLARARSE EN BANCARROTA-Parte Seis

La bancarrota le da la oportunidad de comenzar de nuevo. Usted puede detener: embargos de salario, llamadas de acreedores, ejecuciones de una hipoteca (foreclosure), y las recuperaciones. Empiece hoy mismo, detenga a los acreedores y obtenga un Comienzo Fresco….. Llame Ahora al (951) 801-5570 comienze su evaluación GRATIS por este medio

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Riverside Bankruptcy Attorney-Foreclosures Dip in Inland Empire

In an article posted today, the Press Enterprise reports that foreclosure activity continues to dip when compared to a year ago.  Despite the dip, foreclosures in Riverside county remain high with one of the highest foreclosure rates in the country.  Additionally, home inventory has remained constant indicating that despite a decrease in foreclosures, sales are

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Riverside Bankruptcy Attorney: 4 years after financial collapse, bank suspects something went wrong

In an article that reads like something out of “The Onion”, the Wall Street Journal reported today that Region’s Financial Corp. is investigating whether its executives misled shareholders about the health of subprime securities in 2007.  Region’s is investigating whether executives delayed the disclosure of loans that were failing before and during the financial crisis. 

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Riverside Bankruptcy Attorney-Accion Contra Préstamos Depredador

La Empresa De Novo Firm ha parado exitosamente ejecuciones de hipoteca atravez de litigación. Utilizando los remedios Federales, De Novo ha podido negociar pagos más bajos y recuperar daños a sus clientes. El Federal Truth in Lending Act, proporciona remedios para préstamos que fueron hechos en violación a sus provisiones, y son considerados préstamos depredadores.

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Riverside Bankruptcy Attorney-Are Mortgage Companies being defrauded by Short Sales?

An article in today’s Press Enterprise discusses the rising popularity of short sales and the possibility that some lenders may be losing out in the process. According to “real estate experts”, the short sale process presents an increased risk of fraud and abuse. The article on goes on to say that this is particularly true

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