Emergency Custody Order in Reading, MA: A Parent's Guide to Immediate Legal Protection Imagine it's 4:45 PM on a Tuesday in Reading, and you've just received evidence that your child is in immediate physical danger. You don't have the luxury of waiting for a standard 14 day motion ...
Bankruptcy Lawyer in Reading, MA: Your Free Consultation Checklist for 2026Imagine it's 7:15 AM on a Tuesday morning in Reading, and your phone is already vibrating with a call from a debt collector. The fear of a foreclosure notice appearing on your doorstep near Haven Street is not just a stres...
Dividing a 401(k) in a Reading, MA Divorce: A 2026 Legal Guide Imagine standing in your home near Reading Common and realizing that the $450,000 you saved over twenty years could be dismantled in a single court session. For many local residents, the process of dividing a 401 (k) divorce ...
Bankruptcy and Security Clearance in Reading, MA: What You Need to Know What if the very act of filing for bankruptcy was the strategic move that saved your career instead of ending it? For professionals in Reading, the fear of losing a livelihood often leads to silence, yet federal adju...
Chapter 13 vs Loan Modification in Reading, MA: Which Saves Your Home? The loan modification you've been chasing for months might actually be the very thing putting your Reading home at risk. While you wait for a callback that never arrives, the foreclosure clock continues to tick toward ...
Child Custody Laws in Massachusetts: A Guide for Reading Parents Imagine standing on the sidewalk outside the Middlesex Probate and Family Court at 208 Cambridge Street, watching the morning traffic while your heart races at the thought of a ju...
Stopping Creditor Harassment in Reading, MA: Your Legal Rights & Protections Imagine your phone vibrating for the eighth time before 10:00 AM on a Tuesday while you're sitting in a meeting in Reading. For many residents, this isn't just a nuisance; it's a calculated attempt to disrupt ...
Divorce is a difficult process, and it can be even more complicated when you have to divide retirement accounts. In Massachusetts, pension assets that are in the plan during the marriage are considered joint or marital property, so the court will need to decide how to divide them. This can be a c...
Motion to Vacate the Martial Home
2021 Child Support Guideline Changes
FANNIE MAE AND FREDDIE MAC EXTEND FORECLOSURE MORATORIUM
FHA agrees to Extend Foreclosure/Eviction Ban Nationwide HUD announced today that the government department will extend the ban on all evictions and foreclosures until the end of the year 2020. And what a crazy year that it is. This means that all mortgages backed by HUD like FHA(Federal Housi...
Public Service Announcement: REGARDING YOUR MORTGAGE PAYMENTS AND COVID-19 As most of you know; Congress and the President recently passed new legislation that will help with the economic effects of the COVID 19 outbreak. I wanted to put this out to inform people as to what this legislation is ...
SHORT SALE APPROVAL LETTERS; WHAT TO LOOK OUT FOR?
Today I was doing errands and I noticed a business that I had frequented; I noticed this on the front door of the restaurant. The Massachusetts Department of Revenue had SEIZED the business and completely shut down the business. This establishment had been around for several decades and it is a s...
Massachusetts Attorney General settles with Ocwen Financial Pursuant to a settlement with Ocwen Financial, Ocwen will provide $2 million in penalties and restitution to mortgage borrowers in the Commonwealth of Massachusetts as part of the settlement with the state over alleged “widespread” mo...
SHELLPOINT MORTGAGE SETTLEMENT WITH MASSACHUSETTS ATTORNEY GENERAL
Recent Student Loan Numbers
The Consumer Financial Protection Bureau (CFPB),is an Federal agency of the United States government responsible for consumer protection in the financial services industry and businesses; this includes banks, credit union, mortgage companies and mortgage servicers such as Mr. Cooper, Bank of Ame...
They negotiate with the credit card companies or collectors for generally a single payment (can go up to 6 months) of which is for a percentage of what you owe. This can be anywhere between 80% to 20% of your original debt. They get their money in either a monthly payment plan or as a percentag...
Senator Patrick Leahy and Committee Member Richard Blumenthal are looking into “ongoing abuses and fraudulent practices by mortgage servicers are needlessly forcing foreclosures on families struggling to stay in their homes — slowing our economic recovery,” (Blumenthal). They are starting by requ...
The HAFA program gives homeowners the option of a short sale or a deed in lieu of a foreclosure in order to help them avoid a foreclosure proceeding. There are many homeowners who are unaware of this program and if they are running out of options, they should think about this. It is generally sai...
1. Your credit score will drop. Since you must be at least 90 days late in your mortgage payments your score will drop around 140 points.2. If your bank decides to, it can choose to sue you for the difference from the short sale and what you owe.3. The bank gets the final approval on the sale and...
Deficiency: If after the short sale there is a deficiency between what you owed on your loan and what the house was sold for you may be on the hook for that amount, unless there is a written agreement otherwise. In addition, if this amount is forgiven and it was larger than $600 you may have to p...
Short sales increased 19 percent in the second quarter of 2011 and account for 12 percent of all sales nationwide. Distressed property sales, including foreclosure sales and short sales, accounted for 31 percent of all U.S. residential sales in the second quarter, down from nearly 36 percent in ...