Blog Posts in September, 2011
Posted on Sep 29, 2011 By Jacoby & Jacoby
The Los Angeles Dodgers filed for bankruptcy in a Delaware court on June 27 th , making it the third baseball team to file for bankruptcy in the past three years. Upon filing, the team was cleared to ...
Continue reading "Los Angeles Dodgers File for Bankruptcy" »
Posted on Sep 26, 2011 By Jacoby & Jacoby
Geoffrey Zakarian is a celebrity chef in his own right. He participates in four programs on the Food Network, including "Chopped", and has operated a number of high-profile restaurants over ...
Continue reading "Star Chef Geoffrey Zakarian Files for Bankruptcy" »
Posted on Sep 22, 2011 By Jacoby & Jacoby
As it is, mortgages are complicated. They become far more complicated when borrowers fall behind on their payments. Banks routinely transfer the notes underlying a property. Fees and charges stack up, ...
Continue reading "Disorganization or dishonesty? Lenders are making it difficult to get straight answers" »
Posted on Sep 19, 2011 By Jacoby & Jacoby
Representative Rubén Hinojosa, a Texas congressman who is currently on the House Financial Services Committee, filed for personal bankruptcy earlier this year. According to court documents, ...
Continue reading "Texas Congressman Files for Bankruptcy" »
Posted on Sep 15, 2011 By Jacoby & Jacoby
The business of lending to plaintiffs has increased over the past 10 years, with estimates that the industry is now lending more than $100 million every year. In most of the U.S., lawsuit lending ...
Continue reading "Lawsuit Loans: Unregulated and Presenting Serious Risks for the Injured" »
Posted on Sep 12, 2011 By Jacoby & Jacoby
Many Americans are aware that banks have been less than fair in their handling of foreclosures . They foreclosed when they could have modified. They filed false court documents. Though there were ...
Continue reading "Will the big banks ever be held accountable?" »
Posted on Sep 8, 2011 By Jacoby & Jacoby
Although it is certainly true that bankruptcy may negatively affect a filer's credit score, sometimes for years after the discharge , there are steps that a debtor can take to lessen the impact. ...
Continue reading "Lessening the Impact Bankruptcy Has on Your Credit Score" »
Posted on Sep 5, 2011 By Jacoby & Jacoby
Sheila Bair, former chairwoman of the Federal Deposit Insurance Corporation (FDIC) revealed some interesting information and opinions during her exit interview with The New York Times. Bair called ...
Continue reading "Banks Rushing to Foreclosure 99% of the Time" »
Posted on Sep 1, 2011 By Jacoby & Jacoby
Although home sales are currently on the rise in the Las Vegas area, this is mostly due to distressed sales, whether bank-owned properties or short sales . Considering the high number of delinquent ...
Continue reading "Home sales are strong in Las Vegas - but why?" »