Follow these guidelines if you have lost your Arizona home in foreclosure. Arizona has an anti-deficiency law that is spelled out in ARS§33-814. In order for the statute to protect you from a deficiency after foreclosure the following circumstances must exist: 1. The home is situated on 2.5 acres or less; 2. The [...]
New Mexico Homestead Statute in Bankruptcy
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Can you file for bankruptcy in New Mexico and keep your home? Even after the recent downturn in the housing market, many Americans largest asset is still their home. As a result, many contemplating bankruptcy are concerned that filing a chapter 7 bankruptcy case will result in the forced sale of their home by the [...]
FTC Rule soon to protect homeowners from scams
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FTC issues rule to protect struggling homeowners. Soon homeowners will be protected by a new Federal Trade Commission rule which bans companies that provide mortgage foreclosure rescue and loan modification services from getting fees until the homeowner has a valid offer from their mortgage company that they decide is acceptable to them. “At a time [...]
New Jersey Bankruptcy: Will I Lose My Home?
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New Jersey Homestead Exemption Can you keep your home and file bankruptcy in New Jersey? New Jersey bankruptcy laws contain no specific exemption for the homestead, however, a $20,200 federal homestead exemption is available to New Jersey debtors. Homestead exemptions allow debtors in bankruptcy to shield or “exempt” home equity from the bankruptcy trustee. The [...]
New Hampshire Homestead Exemption in Bankruptcy
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Homestead exemptions allow debtors inside and outside of bankruptcy to protect home equity from creditors. New Hampshire bankruptcy laws allow debtors to shield up to $100,000 of equity in a home or manufactured home from the bankruptcy trustee, or from a creditor in a collection scenario. Federal bankruptcy exemptions are also available in New Hampshire, [...]
Is it Time to Declare Email Bankruptcy?
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On a recent flight from New York to South Carolina, I stumbled across an excerpt in the U.S. Airways Magazine from a soon to be released book titled The Tyranny of Email by journalist John Freeman. As someone who currently has over 18,000 emails in their inbox, the few pages I read really resonated with [...]
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