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Minnesota Files Charges Against Utah-Based Loan Modification Company

Earlier this summer, the Minnesota Department of Commerce (“the Department”) filed charges against a company that it says offered unlicensed mortgage adjustments to Minnesotans. Specifically, the Department, through its commissioner Mike Rothman, claimed that a Utah-based company known as CC Brown Law took approximately $134,000 in payments from Minnesotans without delivering the promised services. CC [...]

By |2018-05-31T01:18:25+00:00August 9th, 2012|Blog|0 Comments

What is a Minnesota Chapter 7 Bankruptcy Estate?

When you file for Chapter 7 bankruptcy in Minnesota, there will be many technical terms used in communication with the bankruptcy court. It is important to talk to your Minneapolis Chapter 7 lawyer about any terms that you do not understand so you can be confident that you know what is happening in your case. [...]

By |2018-05-31T01:18:25+00:00August 3rd, 2012|Blog|0 Comments

Are Minnesota Mortgage Loan Modifications Good or Bad for Homeowners?

A recent study completed by the credit rating company TransUnion Corp. looked at what happens when homeowners receive mortgage loan modifications. Approximately 3.9 million homeowners in the United States, including some in Minnesota, had mortgage loans modified between January 2009 and April 2012. The TransUnion study looked at more than half-a-million homeowners who had loans [...]

By |2018-05-31T01:18:25+00:00July 31st, 2012|Blog|0 Comments

Could New CA Foreclosure Protection Mean Anything to MN Homeowners?

California legislators recently passed what is believed to be among the strongest foreclosure protections for homeowners in the United States. The law is widely expected to be signed by the Governor.   The new protections would make California the first state in the nation to prohibit banks from a practice known as “dual tracking.” Dual [...]

By |2018-05-31T01:18:26+00:00July 31st, 2012|Blog|0 Comments