by mendezlaw | Sep 22, 2020 | Bankruptcy
Each year, only a fraction of the Americans who could benefit financially from bankruptcy actually seek relief, according to an Associated Press commentary. About 14 percent of U.S. households — or roughly 17 million — owe more than they own, according to Federal...
by mendezlaw | Sep 14, 2020 | Bankruptcy
Personal and business bankruptcies in the U.S. are declining significantly, but that doesn’t mean that everything is financially sound in households or small businesses in Ohio or the nation, the Toledo Blade reported. “The Tsunami has not yet come. I think some...
by mendezlaw | Sep 10, 2020 | Loan Modification, Mortgage
According to CoreLogic, the south Florida area is about to explode with foreclosures. Unemployment related to Covid-19 is the root cause and will likely not improve. A loan modification might help some of these homeowners to save her home. Home loans that are in...
by mendezlaw | Sep 7, 2020 | Bankruptcy, Loan Modification
Modificación de préstamo ¿Qué es la modificación de préstamo? La modificación del préstamo es un cambio realizado por un prestamista en los términos de un préstamo existente. Puede implicar una reducción en la tasa de interés, una extensión del período de pago, un...
by mendezlaw | Aug 17, 2020 | Alimony & Bankcruptcy, Bankruptcy, Mortgage, Real Estate, Uncategorized
Avoid these deadly mistakes in a financial crisis. (By: Diego G. Mendez, Esq. Consumer Bankruptcy Practitioner) “It is the purpose of the Bankruptcy Act…to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh...
