Can you imagine claiming that you and your family are destitute and even homeless and at the same time claiming that you are wealthy and getting millions in mortgages? That is exactly what 15 people are accused of. In fact, 12 of them were members of the same family. Today the U.S. attorney in...
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New York Looking to Deal wtih Zombie Houses
New York State Attorney General Eric Schneiderman is seeking to hold banks responsible in maintaining the State’s growing number of “zombie properties” - homes that have been vacated by homeowners in advance of completed foreclosures. New York State in particular has been severely plagued with...
Forgiven Mortgage Debt is Now Taxed
The housing market crash of 2007 left millions of families with mortgages that were in excess of the plummeting values of their homes. Many families opted to negotiate selling the property through a short sale. A short sale is a negotiated agreement between the lender and the borrower to sell the...
How Can a 1 Star Lawyer Get 5 Stars Reviews?
How can a really bad lawyer get dozens of outstanding reviews on the internet? I know an attorney, who for obvious reasons I won’t identify, who gives incorrect legal advice, and yet gets rave reviews and top rankings in Google. He has told people that they can file bankruptcy when they can’t....