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Recent Posts in Homestead Category

FHFA Director Praises Principal Paydown Plan as "Promising" and "Credible"Pledges to Provide Members an Assessment in Two Weeks

Dear NACBA Member, I am pleased to report that NACBA’s “principal paydown plan,” designed to help struggling homeowners in chapter 13 save their homes from foreclosure, is now under ...
Continue reading "FHFA Director Praises Principal Paydown Plan as "Promising" and "Credible"Pledges to Provide Members an Assessment in Two Weeks" »

Eighth Circuit BAP Allows Strip Off of Wholly Unsecured Lien in Chapter 20

Eighth Circuit BAP Allows Strip Off of Wholly Unsecured Lien in Chapter 20 The Eighth Circuit BAP found that a chapter 13 debtor may strip off a wholly unsecured lien on his principal residence even ...
Continue reading "Eighth Circuit BAP Allows Strip Off of Wholly Unsecured Lien in Chapter 20" »

Homeowners Need Help -- from the New York Times

Homeowners Need Help Neither Congress, nor federal regulators, nor state or federal prosecutors have yet to conduct a thorough investigation into the mortgage bubble and financial bust. We welcomed ...
Continue reading "Homeowners Need Help -- from the New York Times" »

New Homestead Law

On December 16, 2010 the Governor signed into law a new homestead statute (MGL Chapter 188 ). The new law is thought to better protect consumer and their homes from creditors. As a result of either ...
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Proposed Changes to the Massachusetts Homestead Law

Proposed Changes to the Massachusetts Homestead Law The Commonwealth is considering a bill so that individuals will be able to enjoy the certain protections of a homestead without having to record any ...
Continue reading "Proposed Changes to the Massachusetts Homestead Law " »
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