Tennessee Bankers Say Reduce Public Notice of Foreclosures

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"Chapter 13", bankruptcy, foreclosure, stop foreclosure

I hate to say I told you so. But…..I told you so. The Tennessee Bankers Association having just been victorious in creating a “work around” for that nasty “gotta tell the borrower we’ll likely foreclose you” statute, now want to reduce public notice to one (yes, 1) publication. Why? It’s just too costly!!!!! Tennessee has […]

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bank, bankruptcy, business strategy, fraud

It’s not just individuals who are facing a decision as to whether to file bankruptcy. Just a few months ago the Office of Thrift and Supervision entered a Cease & Desist Order against Birmingham based Superior Bank. The 73 bank company was once a thriving operation. However, for the last seven quarters the bank reported […]

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"Chapter 13", bankruptcy, debt relief, foreclosure, stop foreclosure

Last September, the Tennessee legislature passed a huge bill that gave significant relief to homeowners struggling to avoid foreclosure. The Bill (converted to an Act when it became law) require any lender who desires to foreclose on a deed of trust to first give written notice to it’s borrower (the homeowner) that it had a […]

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"Chapter 13", foreclosures, knoxville bankruptcy

In Jacksonville Florida it is reported that bankruptcy filings are down by over 10% compared to the first quarter of 2010. Is there any chance that we’ve seen the tide of bankruptcy filings turn and now will continue to decline. I think the answer is probably “NO.” Here’s why. In Florida, which is a judicial […]

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"Chapter 13", bankruptcy, chapter 7 bankruptcy, knoxville bankruptcy

Should I file bankruptcy in Knoxville? As the calls keep coming, the court papers are delivered to your work, you ask yourself, "Should I file bankruptcy?" Knoxville bankruptcy lawyer Dan Scott lists 4 things to consider in making the decision.

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It’s no secret that real estate prices, including homes, have plummeted in recent years. If you purchased your home during the real estate boom, you might have both a first a second mortgage. It’s a shame that the property may no longer be worth what is owed on the first mortgage. However, there’s good news […]

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