Category Archives: bankruptcy

Real Estate Transaction Time is of the Essence Clause – The Bankruptcy Extension Conundrum

“Time Is On My Side” – When a “Time of the Essence” Closing Date Keeps Rolling Like a Stone for 60 Days Over the weekend Hallmark Abstract Service was the sponsor of a 16-credit CLE class that was headed-up by real estate attorney Vince Gallo of Staten Island. Much time was spent during which he […]

Ibanez ruling in Mass. could have far reaching impact on foreclosures

The ruling by the Massachusetts State Judicial Court upheld a lower court ruling that US Bancorp did not have standing to foreclose on the loan of Antonio Ibanez. The issue concerned the banks inability to produce a document chain that showed them as the rightful holder of the note and mortgage with the standing to […]

Potential Remedies To Foreclosure

There are few developments more devastating than the prospect of losing your home. The fact of the matter is that under certain circumstances foreclosure can potentially be averted, and the home retained. The list below offers some of those options that can be explored. As in any financial decision, an advisor that you can trust […]