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Tennessee Family Law: An Overview
Some of the most common cases brought to Tennessee courts involve marriage, divorce and related topics like child custody, alimony, rights to family benefits and ownership of marital property. All of these topics fall under the legal branch of family law. Tennessee family laws protect the rights of family members and regulate legal proceedings concerning […]
Wisconsin Family Law: An Overview
Some of the most common cases brought to Wisconsin courts involve divorce, child custody and visitation, alimony or marital property distribution negotiations. Wisconsin’s family laws extend beyond these issues to other family-related legal issues including marriage rights and requirements, adoption and many others. Family laws protect the rights of every family member and aim to […]
First-Degree Murder: An Overview
First-degree murder is the act of killing another person with “malice aforethought.” Malice aforethought means with the intent to kill. Each state has its own definition and penalties for murder. There can also be different degrees of murder charges. Depending on the circumstances, homicide can be murder, voluntary manslaughter, or involuntary manslaughter. First-degree murder is […]
First-Degree Murder: Sentencing and Penalties
First-degree murder is one of the most serious crimes and carries some of the harshest penalties for a conviction. Lesser homicide offenses like second-degree murder or voluntary manslaughter may have a maximum penalty of 20 or more years in prison. The criminal penalties for first-degree murder can include life imprisonment or the death penalty. Criminal […]
The Mortgage Forgiveness Debt Relief Act of 2007
In December 2007, the federal government enacted the Mortgage Forgiveness Debt Relief Act. The Act was meant to provide tax relief to taxpayers who had debt forgiven on their primary residence and to help struggling homeowners. The Purpose of the Mortgage Forgiveness Debt Relief Act The idea behind the law was to help homeowners avoid foreclosures […]
Can I Use a Loan Modification Program in Order to Save my Home from Foreclosure?
With mortgage foreclosures at an all time high, major banks across the nation have begun offering loan modification programs for people who are in danger of losing their homes to foreclosure. While eligibility for loan modification programs differs from one bank to the next, the common goal of these programs is to restructure existing mortgage loans […]
Different Types of Foreclosure
Foreclosure is an event that most homeowners want to avoid. In essence, all foreclosures involve a lender taking back property that secured a loan when the borrower has failed to make regular payments on that loan. However, not all foreclosures are the same. If you, like many Americans, are having trouble making your mortgage payments then it is […]
How Can a Creditor Repossess Property?
Many Americans experience a time when their financial obligations become overwhelming and they are unable to pay all of their outstanding obligations on time. A debtor who defaults on a secured loan may face the threat of property repossession. A creditor can repossess property only if the creditor has a valid security interest in that property and […]
The Foreclosure Timeline
What happens when you fall behind on mortgage payments? Below is a brief summary of the foreclosure process. Keep in mind the process can vary by state. Lenders also vary in how they handle late, partial, and missed payments. Typically, lenders will work with you, at least initially, on a plan to catch up on […]
Foreclosure Law in New York
Foreclosure Types in New York Foreclosures in New York are handled primarily by the judicial method. While it is possible to use the non-judicial process in the state, most lenders don't because of the strict criteria and requirements. The judicial method of foreclosing on a home in New York takes up to 445 days. The […]
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