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...
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...
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...
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...
