Monthly Archives: February 2010

Liens and the Massachusetts homestead exemption

Massachsetts homeowners are lucky enough to be protected by the Commonwealth’s generous homestead law, which typically will allow them to retain up to $500,000 in home equity even if their finances deteriorate to the point they have to file a Chapter 7 or Chapter 13 bankruptcy case. A question that frequently comes up in the […]

Posted in Chapter 7, Real estate, Secured loans | Comments closed

Credit card firm’s suit bounced from New Hampshire bankruptcy court

When a consumer gets sued by a credit card company, the result is a forgone conclusion, right? Not so fast. The pleadings filed by big finance companies may fall short of what is required to bring a successful suit. The pleadings are often concocted by low level functionary’s in far flung locations, and may actually […]

Posted in Credit cards | Comments closed
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