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What Happens to Mortgage Debts After Bankruptcy Discharge?

by Mark J. Markus | May 28, 2013 | Bankruptcy Law, Lien Avoidance, real estate issues

In law, things are not always what one might think they should be.    To non-attorneys, it sometimes must seem like what Alice (of Wonderland fame) saw through the looking glass. A common source of confusion among my bankruptcy clients relates to what happens to...

Banks Forgiving Mortgage Loans: What’s the Catch?

by Mark J. Markus | Oct 4, 2012 | asset protection, foreclosures, etc., real estate issues, tax issues, taxes

Your Home Loan Mortgage Just Disappeared? In the past few weeks in my Los Angeles, California practice, I have had several potential (and existing) clients tell me that the bank which holds the junior mortgage (e.g. 2nd or 3rd trust deed)  on their house has suddenly...

New Bankruptcy Mortgage Modification Dropped

by Mark J. Markus | Apr 9, 2009 | chapter 13, real estate issues, Uncategorized

The following is just in from the American Bankruptcy Institute: MORTGAGE MODIFICATION, EXECUTIVE COMPENSATION LIKELY TO BE DROPPED FROM SENATE AGENDA Senate Democratic leaders appear likely to drop several high-profile legislative issues from their agenda, including...

Short Sales or Foreclosures: Which is Better?

by Mark J. Markus | Sep 18, 2008 | Bankruptcy Law, foreclosures, etc., means test, real estate issues

When faced with losing real estate, people often have to choose between doing a short sale and simply letting the bank foreclose. Real estate brokers are pushing hard to have people do “short sales” on their properties, instead of allowing them to go to...

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The Law Office Of Mark J. Markus

2600 W. Olive Ave. Fl. 5
Burbank, California 91505
(P) 818-509-1173

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11684 Ventura Blvd. #403
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(P) 818-509-1173

(E) mark@bklaw.com

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California Bankruptcy Attorney Certified Specialist in bankruptcy law handling exclusively bankruptcy cases since 1991 in Chapter 7, Chapter 11, and Chapter 13. Representation of debtors and creditors in bankruptcy.
This firm is a federally qualified debt relief agency and, among other things, helps people file for bankruptcy relief under the Bankruptcy Code.

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This website should not be construed as the giving of legal advice or the formation of an attorney-client relationship. Results of a case will vary based on the facts, circumstances, and legal issues involved. All cases must be properly reviewed prior to determining applicable law and likely conclusions. Attorney Mark J. Markus is responsible for the content of this website.
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