Comments for Spiritually Bankrupt

Comment on Trying to Negotiate a Loan Modification? by Galo

Galo — Sun, 20 May 2012 01:48:05 +0000

ITS BULLSHIT . ITS BULLSHIT ..THE MORTGAGE COMPANY OR BANKS.SIT AROUND WITH THEIR THUMBS UP THEIR ASS.WAITING TILL YOU PASS A YEAR.OF NO PAYMENT.THATS SO YOU DONT QUAILIFY. ANOTHER FAILED PLAN.GOVERMENT AND BIG BUSINESS IN BED TOGETHER.YOU JUST KNOW ITS A FAILURE. GEORGE CARLIN SAID IT BEST.’THE AMERICAN .DREAM YOU HAVE TO BE ASLEEP TO BELIEVE IT’. 0Was this answer hfulepl?

Comment on Bank of America profiting from defaults? by The Quantum Creditor

The Quantum Creditor — Thu, 26 Apr 2012 20:29:55 +0000

I noticed that this blog as been inactive since March of 2011, so I thought I would attempt to re-kindle a coversation, and not necessarily on the BOA post immediately preceeding.

Regaring impermissible provisions in confimed Chapter 13 plans, are they binding? Take, for example, a confirmed Chapter 13 plan that crams down a 910-car. Does the secured lender have to release its lien in the event the cram down amount is paid, the debtor completes the payments under the plan and a discharge order enteres?

Comment on I lost my job, now what? by HTRC Waco

HTRC Waco — Mon, 10 Oct 2011 07:45:48 +0000

Thank you so much and God bless you!!

Comment on Bankruptcy is Amazing! by Alexi H.

Alexi H. — Fri, 22 Jul 2011 20:23:16 +0000

I agree with Sidney R. Thomas. Thank goodness it exists.

Comment on Corporate Chapter 7 – Point by Tom Henderson

Tom Henderson — Mon, 28 Jun 2010 22:33:10 +0000

In addition to “shutting everyone up,” which I usually verbalize as giving the creditors someone else to yell at, the true salutary effect of a small corporate Chapter 7 is to bring to a halt (and end) the lawsuits against the company.

The filing avoid the consequences of the natural practice on the part of the principals of throwing the suits in a drawer, if not the trash, and ignoring them, which leads to them ignoring the notices of judgment, the post-judgment interrogatories, the motions to compel/for contempt and the REAL potential for a trip downtown to explain to the judge why you’re choosing to ignore his/her orders. Worth the $$$.

Comment on Bankruptcy is Amazing! by Bankruptcy Lawyer

Bankruptcy Lawyer — Wed, 16 Jun 2010 11:47:53 +0000

I totally agree with Ms. Morris! Bankruptcy is really amazing!

Comment on About Ron Satija by Gary Mann

Gary Mann — Wed, 19 May 2010 14:24:24 +0000

Ron,

A former boss hired me to be the general manager of a small telephone company, Meriplex Telecom (a subsidiary of Meriplex Communications). Thus, I no longer practice bankruptcy law.

I still follow the happenings in Austin’s bankruptcy world. I just wanted to tell you that your blog and website are outstanding. Keep up the good work.

Gary

Comment on The Unforgiven (Home Loan Modification – Part 5) by Steve Gangey

Steve Gangey — Tue, 06 Apr 2010 21:32:58 +0000

I wish I’d known this a month ago. A prospect with a GMAC loan has just done a short sale on her home because they wouldn’t do the loan mod.

Thank you for this information.

Comment on Chapter 7 – “Everybody Wants You” by paralegal work

paralegal work — Mon, 30 Nov 2009 00:19:22 +0000

Agreed, BK is not nearly as it’s made out to be in terms of negative consequences. Afterall, lenders don’t want to lose those new loans for too long…

Great post.

Comment on A Story by R.P. Satija

R.P. Satija — Wed, 04 Nov 2009 02:21:34 +0000

I love this story. It’s so good.