Bankruptcy

10 Cities with the Most Financial Distress from COVID-19

As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic has taken a massive financial toll on Americans, but some cities have been hit harder than others.  A recent report from WalletHub breaks down which … The post 10 Cities …

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Bouncing Back from Bankruptcy

For many borrowers, bankruptcy is not the end of the road. Here’s how quickly someone who files from bankruptcy might be able to obtain a home loan. The post Bouncing Back from Bankruptcy appeared first on DSNews.

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Court: ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance

The U.S. Court of Appeals for the Second Circuit affirmed a lower court decision that a chapter 7 trustee’s avoidance of an unauthorized postpetition mortgage lien did not amount to a “double recovery” precluding the trustee from avoiding and recovering a transfer of the loan proceeds. The post Court: ‘Single-Satisfaction Rule’ After Mortgage Lien Avoidance appeared first on DSNews.

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