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Voxtur bankruptcy filing raises questions for attorney opinion letters

The American Land Title Association (ALTA) is celebrating the news, claiming that it reinforces its warning that AOLs are a “fragile and inferior” alternative to title insurance and that the letters are “inferior products (that) don’t...

May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?

Facts: The owner of their principal residence encumbered by a short term second mortgage and a rent-a-room tenant paying rent under a leasing agreement files a petition for Chapter 13 bankruptcy protection. The property value is insufficient to...

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Main Content

Posts Tagged ‘bankruptcy’

Voxtur bankruptcy filing raises questions for attorney opinion letters

May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?

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