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Archive for the 'Bankruptcy Law' Category

Pacific Law Center in the News

February 4, 2010 San Diego
Kerry Steigerwalt has often been seen on TV commercials urging people to contact his law office if they encounter any legal problems. He serves as a legal commentator on both local and national news programs. Kerry Steigerwalt may be the most known criminal defense attorney in San Diego.
Steigerwalt grew up in [...]

California Foreclosures in 2008 Break Previous Records

California Foreclosures in 2008 broke the previous record it set in 2007. There were close to a quarter-million properties that foreclosed in 2008 as stated in a report from ForeclosreRadar released on Tuesday.
A step before foreclosure is filing a “Notice of Default.” This consists of documents that lenders send to the homeowner that [...]

Foreclosure Help Included in Bill

Home foreclosure relief Included in a bill to be introduced by Rep. Barney Frank set stricter standards for the Treasury Department’s Troubled Asset Relief Program (TARP)
The Bill Would:
* require quarterly disclosures by TARP recipients about their use of federal money.
* condition the release of the final $350 billion in TARP funding on the use of [...]

Foreclosure Definition

What is a Foreclosure?
A foreclosure is the system by which a party who has loaned money secured by a mortgage or deed of trust on real property (or has an unpaid judgment), requires sale of the real property to recover the money due, unpaid interest, plus the costs of foreclosure, when the debtor fails to [...]

Many Homeowners are Upside Down on their House

The US is now at a point where almost one homeowner out of five owes more on their house than what it is currently worth.  Experts say that this may reach a statistic of one and four houses very soon.
There are now about 18% of homes in the US that have negative equity in their [...]


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