Law Commentary
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Dawn of the Dead: Zombie Mortgages
It has been 17 years since the financial crisis of 2008. It is again time to look at “zombie mortgages.” With the passage of time, property values have, for the most part, increased. In some cases, there has been dramatic appreciation. This makes it attractive for junior lenders to seek to recover as much as
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Furry Blurry Expenses: Pets and Bankruptcy
“Once you have had a wonderful dog, a life without one is a life diminished” (Dean Koontz in A Big Little Life: A Memoir of A Joyful Dog) Some time ago, while serving as Chapter 13 Trustee, I administered a case that involved household cats. During the Section 341 meeting a large monthly expense line
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A New Path to Property Inheritance: Delaware’s Transfer on Death Act
Delaware has become one of the most recent states to enact a Uniform Real Property on Death Act. With the signing into law of House Bill 147-Substitute 1, Delaware residents have a new way to pass down real estate. This act seeks to benefit all residents, especially those from underserved communities by providing them a