Due to the increase number of bankruptcy filings, a new opportunity has arisen: purchasing real property in bankruptcy. But buyers beware, there is more than meets the eye.
Author Archives: Henry Chuang
Verbal Promise to Explore Loan Modification: Enforceable
June 1, 2011 – 12:10 am
Recent ruling says lenders may be bound by their verbal promises on loan modifications. Find out the details here.
Ibanez and It’s Effects on California Foreclosures
April 1, 2011 – 3:10 am
On January 7, 2011, the Massachusetts Supreme Court, in U.S. Bank National Association v. Ibanez, held that a foreclosure sale was void if the lender could not prove that it had the power to foreclose at the time of the foreclosure. In Ibanez, the court held that the lender failed to prove that it had [...]
