Famed child murder acquitee Casey Anthony has filed for bankruptcy in Tampa, Florida. Ms. Anthony’s bankruptcy filing appears to list fairly minimal and routine assets and liabilities, such as: Cash on hand: $474 Furniture and laptop: $200 Jewelry: $200 Woman’s clothing and accessories: $100 In the category for “Patents, copyrights, and other intellectual property” she marks […]
The foreclosure crisis in our country has prompted judges, legislators and lawyers to rethink deeply embedded beliefs about mortgages in default and loan modifications. Settlement agents classically advise borrowers signing loan documents that “to stay you have to pay,” but both slowly and radically, practices are changing. New laws and procedures around the country are […]
An auction for bankrupt Seattle based Tully’s Coffee is heating up. Tully’s sells coffee to consumers out of 47 retail locations in airports, downtown Seattle street corners and the Washington State Convention Center. Under the wieght of its corporate structure, Tully’s filed for Chapter 11 bankruptcy protection in October, promptly shutting down several stores. Soon […]
For many, the loan modification process is getting out of hand. Javier Hernandez lost his job, his father was deported and the value of the home he bought for his mother seven years ago plummeted. Despite all this grief, however, Javier appeared to still be current on his payments, according to this article in the […]
I recently received a letter from the Sussex County Sheriff regarding their December 2012 foreclosure schedule. Here is the text: TO: ALL ATTORNIES, NEWSPAPERS The Sussex County Sheriff’s Office would like to inform the public, attorneys and newspapers that we will NOT be holding a Sheriff’s Sale in the month of December due to the […]
Former Miss Pennsylvania USA Sheena Monnin claimed that the 2012 Miss USA beauty pageant was rigged. An arbitrator has disagreed and she has been ordered to pay pageant organizers $5 million for defamation. Under the Miss USA pageant agreement signed by Ms. Monnin all disputes were to be resolved by an arbitrator, not the courts. Apparently […]
The San Diego City Council this month approved the creation of a foreclosure registry, which requires banks to log every San Diego city home in the foreclosure process into a city-run database. Local experts are almost unanimous that this is NOT an idea whose time has come. • Paul Barnes: President of Shea Homes San Diego: […]
Horry County State Bank foreclosed on nine building lots owned by Legacy Development SC Group LLC and is still $1 million short. The Bank could sue for the deficiency and then depose Legacy to try and enforce the judgment. Instead, the Bank teamed with two other creditors and forced Legacy into an involuntary bankruptcy “because […]
Scandalwatchers know that ex CIA chief David Petraeus was exposed after his paramour, Paula Broadwell, sent threatening emails to military socialite Jill Kelley who had the FBI trace those messages back to Broadwell’s laptop. Once inside the laptop the FBI discovered the trail of messages between Petraeus and Broadwell that led to his downfall. The […]
In a story of high finance and international intrigue, former billion dollar real estate tycoons Michael and Linda Mastro will return to the US to face 43 counts of bankruptcy fraud including scheming to defraud, concealment of assets, monely laundering, making false oaths or accounts, making false declaration under penalty of perjury, and unlawfully receiving […]
