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Justin Rogers

Great Fun For My Sons - 1 views

started by Justin Rogers on 11 Jan 13 no follow-up yet
Nicole Smith

An Exciting Time for My Wife and I - 4 views

My wife and I were really excited buying our first home. However, with so many loan products in the market today, choosing the most suitable one for our requirement is quite a challenge. Thanks to ...

started by Nicole Smith on 01 Dec 11 no follow-up yet
Nicole Smith

The Best Mortgage Company in Adelaide - 2 views

I am so thankful with ACQUIRED HOME LOANS. They helped me get the dream house I always wanted to have. They helped me acquire a home loan that suited my needs. Their expert mortgage consultants wer...

mortgage adelaide

started by Nicole Smith on 02 Oct 11 no follow-up yet
anonymous

Best Real Estate Source of the Year - 0 views

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    Source of Real Estate property of residential,land,commercial, mobile home and timeshares property are all listed. Also we can post or selling our item here.
anonymous

Great Source of Real Estate in all Country - 0 views

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    The best values and the nicest properties in America and all of over the country,Canada, Mexico are offered in that page. All properties of residential, land, commercial, mobile home and timeshares property are also offered in that page for cheap values. I'm glad that I found this this is very usefull to a person like me. All are offered in http://lowcost-realestate.com
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    This is a great source in real estate the best values and the nicest property over the country are listed here.Like property of residential,land,commercial, mobile home and timeshares property are all listed.This page are very useful because the listing here are upgraded everytime.More people can find property easy without spending money.
selina kumari

Modern Italian Bedroom Furniture - 0 views

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    Euro Concepts- Ultra Modern Furniture at unbeatable prices! Contemporary / Modern furniture NY for home and office, modern Italian furniture, bedroom furniture, store, Modern Furniture Miami, patio furniture, dining room modern furniture, accessories and more
anonymous

Low Cost Real Estate Homes, Land, Timeshares, and Commercial Real Estate For Sale - 0 views

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    great source of real estate
mazyar hedayat

Stripping a 2nd Mtg in Bankruptcy - 2 views

  • Stripping a Second Mortgage in Bankruptcy New: Motion to Avoid Secure Lien and Strip Second Mortgage by Victoria Ring, CEO of 713Training.Com When I first learned of a Motion to Avoid Secure Lien and Strip Second Mortgage I was doing a petition review for an attorney. I was told that many courts are requiring that the attorney file a Motion to Avoid Secure Lien along with the Chapter 13 Plan if they intend to propose a stripped mortgage due to unsecure equity. The attorney I was doing the bankruptcy petition review for did not have a copy of the Motion so I conducted online research to find the pleading for her. During my research I found that <at this time> there is not one specific Motion that is used for all fifty states. Instead, it is a pleading with a variety of different titles, making it difficult to find. This of course is due to the fact that the government is still debating the issue regarding the mortgage industry at this period in our history. During my research I found an excellent article on the USFN website written by attorney Ken Plott of Lundberg & Associates. Due to copyright infringement I do not have permission to reprint the entire article for you. However, I can quote the following facts from Mr. Plott’s article: 1. Bankruptcy Code 11 U.S.C. Section 1322(b)(2) provides that a Chapter 13 plan may modify the rights of secured creditors, with the exception of <a claim secured only by a security interest in real property that is the debtor’s principal residence.> 2. The courts determined that the standard language in a trust deed or mortgage about <assignment of rents and escrow> does not jeopardize the anti-modification provision. 3. The U.S. Supreme Court in Nobelman v. American Savings Bank, 508 U.S. 324 (1993), analyzed the interplay between Section 1322(b) and Section 506(a) and determined that bifurcation was not proper as it would modify the rights of the secured creditor in contravention of Section 1322(b)(2). However, the court did not address the impact of Section 506(a) upon Section 1322(b)(2) when there is absolutely no value remaining in the collateral securing the claim. 4. It is fair to say that a majority of the jurisdictions now allow a wholly undersecured claim to be stripped and treated as an unsecured claim in a Chapter 13 plan. Some jurisdictions allow this to be done with a provision in the plan while others require an adversary proceeding to comply with Bankruptcy Rule 7001(2), a proceeding to determine the validity, priority or extent of a lien. To read the entire article titled: “Bankruptcy Update: Reflections on Lien Stripping” online, visit: http://www.usfn.org/AM/Template.cfm?Section=Home&SECTION=Article_Library&TEMPLATE=/CM/HTMLDisplay.cfm&CONTENTID=11893 For another excellent article about lien stripping, visit: http://www.lienstripping.com/facts.php For more information and to purchase your TEMPLATE now, visit: http://www.713training.com/shop/cart.php?m=product_detail&p=114
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