http://www.labankruptcyattorney.net Debt & Financial Solutions Mon, 02 Aug 2010 16:37:51 +0000 http://backend.userland.com/rss092 en The Los Angeles Times, reported that residents of poorer cities are paying higher property taxes than those in more affluent cities according to data provided by the Los Angeles County Auditor-Controller's Office. Neighboring working-class cities, including Compton, San Fernando, El Monte, Huntington Park, Maywood, Montebello and Inglewood, also have high property ... http://www.labankruptcyattorney.net/2010/08/poorer-cities-pay-higher-property-taxes/ The nation's foreclosure crisis is worsening as homeowners battling high unemployment, slow job growth and an uneven rebound in home prices continue to fall behind on their mortgage payments. In all, 154 out of 206 metropolitan areas with at least 200,000 residents posted an annual increase in foreclosure activity between January ... http://www.labankruptcyattorney.net/2010/07/foreclosure-increasing-again/ In Bankruptcy, a "case" refers to the bankruptcy action commenced by filing a bankruptcy petition, and "proceeding" refers to a specific matter, such as an adversary proceeding, that arises within the bankruptcy case. The "debtor" is the party that either filed a voluntary bankruptcy petition or that had an involuntary petition ... http://www.labankruptcyattorney.net/2010/07/bankruptcy-terminology/ While homeowners who default on a mortgage due to economic hardship, such as a job loss or divorce, normally must wait two to five years before buying a home again, walkaways may face double that time. Walkaway, meaning those who voluntarily walk away from their home loan. For example, say ... http://www.labankruptcyattorney.net/2010/05/foreclosure-can-impact-your-credit/ The major league franchise Texas Rangers seek bankruptcy protection to shield itself from about 30 creditors. Among the group of investors coming to the rescue is a group lead by the great Nolan Ryan. His group is rumor to have offer $575 million to purchase the team. The sale ... http://www.labankruptcyattorney.net/2010/05/rangers-seek-bankruptcy-help/ Ex NBA star Derek Coleman filed for Chapter 7 bankruptcy protection last month. He owed his creditors more than $4.7 million dollars. Derek Coleman was the number one draft pick coming out of high school into the NBA. The ex-Syracuse University standout and 1991 NBA Rookie of the Year ... http://www.labankruptcyattorney.net/2010/05/ex-nba-player-files-for-bankruptcy/ http://www.labankruptcyattorney.net/2010/04/nfl-players-facing-bankruptcy/ The United States Treasury Department has just unveiled the new $100 bill design to curtail counterfeit. "This note incorporates the best technology available to ensure we're staying ahead of counterfeiters," Geithner said at the unveiling ceremony. The new bill featuring a security thread decades in development: the microprinted mobile image that has ... http://www.labankruptcyattorney.net/2010/04/new-100-bill/ I know many of you want to know - what does discharge mean to me? In the world of bankruptcy getting a discharge means that the court is discharging your debts. That means that your creditors can no longer go after you for your debts. At least ... http://www.labankruptcyattorney.net/2010/02/bankruptcy-discharge/ Foreclosures in the month of January was 15% compared to the same month last year. But it is predicted that this number is going to dramatically increase as a surge of cash-strapped homeowners who have fallen behind were on their way. More than 315,000 homeowner received a foreclosure notice in ... http://www.labankruptcyattorney.net/2010/02/foreclosure-down-or-no/