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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