Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific industry, and the same applies when working with a bankruptcy attorney.
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A Glossary Of Bankruptcy Terms
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Owner Spotlight: Sam Calvert
As a bankruptcy attorney and lawyer in St. Cloud, Minnesota, I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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The Eighth Circuit Court of Appeals issued an opinion on February 5, 2021 that should be of concern to anyone who has put into place a transfer on death deed
The name of the case is "Strope-Robinson v. State Farm Fire & Cas. Co." and is case number 20-1147.
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There are several myths about wills.
One common myth is that you can write out a will in your own handwriting. This is usually called a "holographic will", (not to be confused with the holodeck on the Starship Enterprise).
A holographic will may be valid in some states, but is NOT VALID in Minnesota. So, don't try it!
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Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until February 28, 2021
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until February 28, 2021. The foreclosure moratorium applies to Enterprise-backed, single-family mortgages only. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions. The current moratoriums were set to expire on January 31, 2021.