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You Renting a House That’s In Foreclosure? Now You Have Some Protection
The Protecting Tenants At Foreclosure Act of 2009 went into effect on May 20, 2009, offering some protection, and at least a little time, for those renters who find themselves drawn into foreclosure despite paying their rent. In short, the act allows such tenants to stay in their rental homes for 90 days following foreclosure, [...]
SC Supreme Court Blocks Utah Credit Counselor
For the second time in a couple of weeks, the South Carolina Supreme Court has acted to support the rights of consumers. This time, the court unanimously decided in favor of the South Carolina Department of Consumer Affiairs, ruling that a Utah law firm operating as a credit counseling service in South Carolina cannot continue [...]
Vote Postponed on Help for Homeowners Act
The U.S. House of Representatives has postponed a vote on the Help for Homeowners Act, apparently because of fears there weren’t enough votes to pass. Clearly, mortgage industry lobbyists are having an effect. My colleague David Liebowitz expressed the frustration of many proponents of the legislation:
I am extremely disappointed with the Democratic House leadership. They [...]
Mortgage Cram-Down Part of Homeowner Help
Today President Obama announced a sweeping proposal designed to stem the tide of mortgage foreclosures which have contributed to, if not caused, the broader problems in the economy today. Among the proposed steps is a revision to the bankruptcy code which would allow bankruptcy judges to modify home mortgages, which they cannot do under current [...]
Mortgage Modifications in Bankruptcy-Hope for Homeowners
This time there really may be some hope for homeowners who are trying to save their homes from foreclosure. Congress is currently considering the aptly-named (though gramatically challenged) Helping Families Save Their Homes in Bankruptcy Act of 2009, which would allow bankruptcy judges to do for homeowners what they’ve been able to do for investors [...]
What’s New At the SCBCL Blog?
Lots! The new look’s taking shape, and I finally managed to get the way-cool features that drew us to this theme up and running. Asides are short snippets of key information — news, events, short blurbs, etc. Featured Post - just that, one post we want to highlight out of the others.
You’ll also see reconfigured [...]
Changes, Part One
You can tell from our new look that the makeover has begun here at the SC Bankruptcy and Consumer Law Blog. Here are a few of the changs already made, and what you can expect in the near future!
First, our home page looks very different. Whereas formerly the entire page was pretty much devoted to [...]
A Change Is Gonna Come …
Be prepared for some big changes here at the SC Bankruptcy & Consumer Law Blog in the coming week! We’ll be giving the place a fresh coat of paint and some pretty cool new features will be unveiled, to boot.
Please be patient with us as we work to implement this great “makeover”! We’re just lawyers, [...]
About the SC Bankruptcy & Consumer Blog and Some Upcoming Changes
In the next several weeks, posting is going to be light (as if it weren’t already) while my colleague, Dana Wilkinson, and I prepare a brand new, made-over, bulging-at-the-seams-with-new-content South Carolina Bankruptcy & Consumer Blog.
This site will get a visual makeover with a new theme, as well as some new features and resources that help [...]
Please Pay Your Taxes.
In case anyone reading this post has been snowed by the insanity that snared actor Wesley Snipes into not paying his taxes, I wanted to take this opportunity in this pre-tax season to set the record straight.
You DO have to file your taxes. The forwarded email your crazy Aunt Polly sent you explaining how [...]
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