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Chapter 7 bankruptcy. Leslie Tayne, attorney and founder of Tayne Law Group in Melville, New York, says you’re eligible for a mortgage a few years after a Chapter 7 discharge of debt.
If your mortgage company goes into bankruptcy, you might be wondering if that gives you a get-out-of-jail-free card. Unfortunately, the answer is no. For you, it’s business as usual: You will ...
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On March 26, 2008, an unsealed report by bankruptcy court examiner Michael J. Missal [22] outlined a number of "significant improper and imprudent practices related to its loan originations, operations, accounting and financial reporting processes," and accused auditor KPMG with helping the company conceal the problems during 2005 and 2006. [23]
The bankruptcy followed his divorce and a court order requiring him to pay his ex-wife $600,000 of alimony. [65] [63] He filed for bankruptcy for his company Right-On Production at the same time. [64] Vince McMahon: American wrestling promoter Filed in a U.S. bankruptcy court. [66] 1976 [66] [67] They owed a total of $955,805 to 26 distinct ...
The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages. [1]