Bankruptcy and Foreclosure Proceedings

In today's world, it is unfortunately common to hear about new scams being perpetrated. Many of these schemes are designed to take money, information or even an identity from the victim. One such swindle could dupe Florida residents, as well as residents in other...

ccording to state prosecutors, a man will spend nine years in jail for scamming homeowners and evading his taxes. The man preyed upon those who were desperate to save their family's home from foreclosure. He was sentenced to 108 months in prison, plus another three...

To many people, receiving a notice of default on their home means that they have very little if any hope of saving it. Truth is, even if a homeowner is over three months behind on their payments, there are still a few things they can do in order to stop foreclosure....

Fay Servicing has been fined over a million dollars for what the Consumer Financial Protection Bureau calls illegal foreclosure practices. During the investigation, it was discovered that the servicing agency was not upfront with its clients about the choices that...

After the scandal that rocked Wells Fargo last year, one might think that the company's officials would be careful to make sure that all of their activities were legitimate. With that said, it seems a bit unbelievable that they are now being accused of making changes...

One man was arrested this month and ordered to be detained on claims that he ran a scheme that targeted those who were trying to avoid losing their homes. The foreclosure avoidance scheme is reported to have earned the man $7 million from homeowners who were already...

For those who have fallen behind on their house payments, losing their home may seem inevitable. Even at the last minute, however, there are steps that can be taken in order to stop foreclosure. Although laws vary from state to state, Florida has a few options that a...

The two main types of bankruptcy for homeowners are Chapter 7 and Chapter 13. Of course, both have a different outcome for the homeowner. With Chapter 7, homeowners often ask the courts to discharge their mortgage debt altogether, while with Chapter 13, debt is...

One man has filed a suit against a Chase Bank after it allegedly failed to apply his payments and send him proper notification about his car loan. He is suing the financial institution over the repossession of his vehicle, asserting that a bankruptcy case should have...

A popular bank has agreed to pay over $6 million to a couple in another state after a judge decided that the bank had harassed the couple and forced them out of their home illegally. The mortgage unit of the bank is accused of conducting an illegal foreclosure,...