Lacombe Globe – a place for remembering loved ones; a space for sharing memories, life stories, milestones, to express condolences, and celebrate life of your loved ones.
A recent district court case illustrates a fascinating timing issue regarding tax penalties and the three-year lookback discharge rule in bankruptcy. The IRS later intercepted a California income.
Evidence and briefs were filed and, pursuant to the court’s authority under Nebraska Rule of Bankruptcy Procedure 7056-1, the motion was taken under advisement without oral arguments. The motion is denied. In 2003, Ms. Mertz and Mr. Bahney took title to a single-family residence in Dakota County, Nebraska, as joint tenants.
In Re: Ramos v. Bank of America (Sanctioned $10K per month)(9/13). U.S. Bank, BA. v Shinaba (HAMP FAIL)(Court finds Bank of America’s dilatory, and dishonest, conduct.
· IMPORTANT CASES Check back frequent as I will be constantly working on this with links _____ MERS v. Nebraska Dept of Banking and Finance – State Appellate, MERS demands to be recognized as having no actionable interest in title. 2005, Cite as 270 Neb 529. Merscorp, Inc., et al., Respondents, v Edward P. Romaine, & c., et al., Appellants, et al., Defendant the fact that the.
FHFA: Principal reduction would cost Fannie, Freddie $100 billion The federal takeover of Fannie Mae and Freddie Mac was the placing into conservatorship of. The combined gse losses of US$14.9 billion and market concerns about their. that would raise their costs and reduce their risk-taking and profitability. The present chief executive officers (ceos) of both Fannie Mae and.90-Day Moratorium for California California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday. The law is expected to make lenders try harder to keep borrowers in their homes.
Foreclosure Info page – My Private Audio – "I don’t understand how the bank, with the assistance of the court, can divest me of my property through the banks criminal acts of filing fraudulent documents" ~John Stuart The pressure is on. B of A has announced that they are stopping all foreclosures in all 50 states.
Housing likely to contribute to 2013 GDP United States housing bubble – Wikipedia – The United States housing bubble was a real estate bubble affecting over half of the U.S. states.Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the case-shiller home price index reported its largest price drop in its history. The credit crisis resulting from the bursting of the housing bubble is an important cause.
Problems with Challenging Standing in Bankruptcy Court Adversary Proceedings. chapter 13 bankruptcy has debt qualification limits. If your debt exceeds the limit, you do not qualify. As of 2011, the unsecured debt limit is $360,475 and the secured debt limit is $1,081,400.
RIVERSIDE, California (Reuters) – A U.S. bankruptcy judge ruled on Friday against an attempt by the California Public Employees Retirement System to bypass the bankruptcy court and collect overdue.
Mortgage Electronic Registration Systems, Inc. (MERS) is an American privately held corporation. On October 5, 2018, Intercontinental Exchange (NYSE: ICE) and MERS announced that ICE had acquired all of MERS. MERS is a separate and distinct corporation that serves as a nominee on mortgages after the turn of the century and is owned by holding company merscorp Holdings, Inc., which owns and.