Legal Articles, General Practice

Foreclosure and the Bankruptcy Stay

While there are many reasons for the rise in bankruptcy filings, with working families falling victim to job losses, the collapse in the real estate market and plunging home values is one of the principal reasons for the rise in filings.

Joint Tenancy Deed Avoids Probate and Saves Money

The joint tenancy deed is one of the best tools to transfer real estate between spouses, partners and heirs. Its principal characteristic and its advantage over holding title as a tenant in common, is that a joint tenancy deed transfers title immediately upon the death.

Mortgage Debt Forgiveness and the IRS

With the collapse of the economy and crash in the real estate market, more and more homeowners are finding that their home is “underwater” in the sense that the value of the their property is worth significantly less than the mortgage or mortgages that are owed on the property.

Protecting Tenants From Foreclosure

With the collapse of the real estate market and the resulting bank foreclosures on hundreds of thousands of residential rental properties, often, tenants residing as leaseholders in residential properties become collateral victims and are forced to vacate their leaseholds often with minimal notice.

Real and Personal Property Exemptions in Bankruptcy

One of the first questions that most potential bankrupts have is, “What will happen to my property, if I file for bankruptcy?”

Types of Foreclosure

With the collapse of the real estate market, the word "foreclosure" has unfortunately become an often used word in the English language. This article will provide information about the types of foreclosures found in various states and how they work. Las Vegas Real Estate Attorneys are ready to help with any real estate matter, such as business litigation, business formations, contracts, property disputes, construction disputes, title matters, bankruptcy, foreclosure, timeshare litigation or student loan adjustments. To learn more, please go to Las Vegas Real Estate Attorneys at https://www.lasvegasrealestateattorney.com or call 800-233-8521 for a phone consultation.

Reduce Your Mortgage in a Single Asset Bankruptcy

If you are a natural person, corporation, partnership or limited liability company that owns an income producing parcel of real property and you are behind on payments or perhaps “underwater” you should consider filing a single asset Chapter 11 real estate bankruptcy.

What Does a Bankruptcy Trustee Do?

Las Vegas Real Estate Attorneys describe how many people who are contemplating filing bankruptcy ask the question, what exactly is the job of the bankruptcy trustee? Is he my friend or foe? Well the answer to this question is really quite simple, once you know the duties of a trustee.

What to Do with An Unwanted Timeshare

In today’s current economic climate with many homeowners losing their home to foreclosure, short sale or simply “walking away” they are finding that they are burdened by their timeshare vacation rental with their ever increasing assessments.

Will I Be Able to Keep My Home if I File for Bankruptcy

One of the first questions, many homeowners who are contemplating filing bankruptcy ask is "Will I lose my home if I file for bankruptcy?"

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