Quick Answer: Facing a Foreclosure? If you have fallen behind on your mortgage payments, there are options to prevent losing your home. If you are facing foreclosure, it can leave you feeling devastated and hopeless. It is essential that you seek that you seek legal help immediately to avoid foreclosure and gain additional time to…
Quick Answer: Maryland Aims to Prevent Tax Sale Foreclosures In the past year, there were over 20,000 Maryland households with delinquent taxes. Thirty-percent of those properties were sold through tax sales. In the State of Maryland, homeowners with as little as $250 of unpaid property taxes or $350 of unpaid water bills risk foreclosure. When…
Quick Answer: Foreclosures and Utility Shutoffs Rate Rises with Warmer Weather As the weather is starting to warm up and summer approaches, lenders and service providers partake in their own “spring cleaning.” During this time of year, the amount of foreclosures and utility shutoffs tend to rise. Due to the extremely cold and harsh winter,…
Quick Answer: The Commonwealth Court’s decision on April 8, 2014 in Damar Real Estate, Inc. vs. U.S. Bank, N.A., et al, (citations omitted), reaffirmed the long held view that in order for a judicial sale to be valid, the provisions of the Municipal Claims and Tax Liens Act, 53 P.S. §§7101-7505 (“MCTLA”) must be strictly…
Quick Answer: Dear clients-if you operate a home improvement business and are inclined to sue a homeowner who failed to pay for your services, take heed. Home improvement contractors must abide by an ever-increasing “thicket” of consumer protection statutes. The Pennsylvania Home Improvement Consumer Protection Act, (“HICPA”) is one such statute. 73 P.S.§ 517.7(a) of…
Quick Answer: Here’s the scenario-you have been chasing after a delinquent account and finally get the debtor to pay up. A few months later, you get sued by the debtor’s Bankruptcy Trustee for the money that the debtor just paid you! Sounds crazy, right? It’s called an “Avoidable Preference.” If you do business with individuals,…
Quick Answer: For Immediate Release Tax resolution companies bombard taxpayers with radio and TV ads on the promise of settling their tax debt for “pennies on the dollar.” However, settling with the nation’s most aggressive debt collector is not as easy as some would lead you to believe. What is an Offer-In-Compromise (“OIC”)? An OIC…
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