Archive for July, 2009

Assigned Ad Valorem Tax Claims in Chapter 13

Monday, July 20th, 2009

The following is a recent article published in the State bar of Texas Bankruptcy Law Section Newsletter. It is primarily of interest to consumer bankruptcy law attorneys practicing in Texas.
Chapter 13 debtors whose taxes are not escrowed will occasionally resort to one of the property tax payment services which pay the taxes and take an [...]

New Legislation Protecting Tenants of Foreclosed Properties

Wednesday, July 8th, 2009

On May 20, 2009, President Obama signed into law The Protecting Tenants in Foreclosure Act. Public Law No.111-22. The law took effect immediately.
The principal protection of the law is that the successor in interest to the foreclosing lender must give a bona fide tenant (not the mortgagee or a family member who is paying [...]

by Michael Baumer