Bankruptcy

Riverside Bankruptcy Lawyer – Fleetwood Bankruptcy Represents End of Era in Riverside

I came across an interesting article in the Press Enterprise about Fleetwood Enterprises.  Fleetwood manufactures motorhomes and was based in Riverside and was one of the area’s largest employers.  For more than two decades, Fleetwood was listed on the Fortune 500 list of largest US companies.  Fleetwood’s presence not only created jobs in its factories, […]

Riverside Bankruptcy Lawyer – Fleetwood Bankruptcy Represents End of Era in Riverside Read More »

Riverside Bankruptcy Attorney-Bank of America Reaching Out to Inland Residents

If you own a home with Bank of America and are considering alternatives to foreclosure including loan modifications, short sales, or deed in lieu, you may want to attend the upcoming event starting Thursday through Sunday.  According to the article in the Press Enterprise, Bank of America will be available to discuss foreclosure alternatives and

Riverside Bankruptcy Attorney-Bank of America Reaching Out to Inland Residents Read More »

Riverside Bankruptcy Attorneys – Bank of America Loan Modification Results

Below is a Bank of America loan modification that De Novo Law Firm obtained for client M.L. with a home in Perris, California. Before Bank of America Modification: Monthly Mortgage Payment: Interest Only Payment of $1,622.54 (including taxes and insurance) Interest Rate: 6.4% Accepted Modification: Monthly Mortgage Payment: Principal, Interest, Taxes, and Insurance Payment of

Riverside Bankruptcy Attorneys – Bank of America Loan Modification Results Read More »

Riverside Bankruptcy Attorney-Questions to Ask Before a Short Sale

I am often asked by my bankruptcy clients about the legal ramifications of a short sale in Riverside county including Corona, Temecula, Murrieta, Moreno Valley, Riverside, Palm Springs, Perris, Hemet, and the surroundirng areas. This area of law can be complicated and involves several areas of law including tax, anti deficiency, real estate, and contract

Riverside Bankruptcy Attorney-Questions to Ask Before a Short Sale Read More »

Riverside Real Estate Attorneys-Lack of Institutional Control at Wells Fargo?

In an agreement with the Fed, Wells Fargo has agreed to pay an $85 million dollar fine for predatory lending practices that happened from 2004 to 2008.  The Fed claims that Wells Fargo employees steered loan applicants with prime credit into subprime loans.  These subprime loans gave borrowers higher rates, elevated fees, and one-sided loan

Riverside Real Estate Attorneys-Lack of Institutional Control at Wells Fargo? Read More »

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

Riverside Bankruptcy Attorney-Legislation for Troubled Homeowners Read More »

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

Riverside Bankruptcy Attorney-Predatory Lending Practices Read More »

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

Bankruptcy Lawyer- How should I deal with debt collectors? Read More »