Will Getting Home Mortgage Forbearance Save Your Client’s Home?

Mortgage forbearance for homeowners, shout the headlines. No need to make a house payment. Borrowers who can’t make this month’s mortgage payment were thrown a lifeline of sorts in the coronavirus rescue package. Only it’s probably not the help they think it is. And the lifeline may be far more fragile than they will need in the long run. So, let’s take a tour of the CARES Act as it applies to home loans and see what the neighborhood looks like.

Unlock This Article

To get started, please let us know which of these best fits your current position:

Learn more about the membership.

Please sign in to continue reading this content.

No Author Biography has been linked to this Article.

Making Sense of the Means Test

April 28, 2019

By Leo G. Spanos, Senior Staff Attorney to Martha G. Bronitsky, Chapter 13 Trustee, Northern District of California (Oakland Division) 1. Background & Purpose of Means Test One of the most significant changes introduced BAPCPA is the requirement of a means test to determine whether a debtor qualifies for Chapter 7 relief or, if not, how much a debtor must...

Members

Cyber Security – You Are The Weakest Link

Naliko Markel

February 19, 2023

At the NACTT 2023 Mid-Year Trustee Meeting in January the presentation that resonated the most with me was one about the dark web. The presenter, Mark Lanterman (CTO Computer Forensic Services), said something that haunts me still: your biggest security risk is your people. Mind blown. We spend so much time, energy, and resources on physical security and network security,...

Members

When $400 Emergency Pushes You Over the Edge

September 8, 2019

By Cathy Moran, Esq. (Redwood City, CA) The Federal Reserve reported that 40% of Americans couldn’t meet a $400 emergency without borrowing. A significant slice of them couldn’t pay it at all. So, a Bloomberg economist devoted his column to deconstructing how the press and political figures, in his opinion, misused that finding. OMGoodness. The guy was too caught up...

10 Tips for Writing Bankruptcy Newsletters and Alerts That Get Read

Ross Fishman

March 9, 2025

“Here’s how to write marketing material that stands out, keep readers engaged, and generate business.”

Members

2019 Legislation Affecting Bankruptcy Practice

August 18, 2019

By Lawrence R. Ahern, III, Brown & Ahern (Nashville, TN) PART I Overview Introduction Four bankruptcy-related bills have been passed by both the House and the Senate this term. The legislation was sent to the President for signature on August 13, 2019.1 The bills were not controversial and had bipartisan support. The legislation affects both business and consumer cases. One...

Members

Bad to the Bone Calls for Retro Vibes. Can You Dig It?

Molly Simons

November 3, 2024

Attorney Michael McCormick took the win when Judge Cavender of the Northern District of Georgia held nothing back in an October 2024 reported decision. The Judge made his feelings well known as he assessed and described the history of this Mortgage Claim/Lender and this abusive Debtor’s past and ongoing behaviors.

Members

“Postmarked” Redefined

Regina Logsdon

January 11, 2026

On November 24, 2025, the United States Postal Service quietly revised its policy on when mail is postmarked — a change that could have big implications for anyone who relies on postmarks to prove they mailed something on a specific date.

Members

Twenty Years After BAPCPA; The Federal Form Still Doesn’t Follow the Statute

Robert G. Drummond

September 28, 2025

“The calculations in Form B122C-1 are directly at odds with the calculations in § 1325(b)(2)(B).”

Members

Critical Case Comment– Reverse Mortgage May be Modified

Henry E. Hildebrand, III

May 22, 2022

A reverse mortgage, having fallen due as a result of the death of the borrower, is not protected from modification by the borrower’s heirs by virtue of § 1322(c)(2). (Halfenger) In re Sandoval, 2022 WL 982182 (Bankr. E.D. Wis. March 31, 2022) Case Summary Juan Sandoval filed Chapter 13 and proposed a plan which dealt with his principal asset, a...

Members

Critical Case Comment – Frontloading Attorney’s Fees

Henry E. Hildebrand, III

August 6, 2023

Nothing prohibits the confirmation of a Chapter 13 plan which frontloads the payment of attorney’s fees ahead of payments to secured and other creditors.

Members

Will Getting Home Mortgage Forbearance Save Your Client’s Home?

Link to Post:

Unlock This Article

To get started, please let us know which of these best fits your current position:

Please sign in to continue reading this content.

Related Articles

Making Sense of the Means Test

Cyber Security – You Are The Weakest Link

When $400 Emergency Pushes You Over the Edge

10 Tips for Writing Bankruptcy Newsletters and Alerts That Get Read

2019 Legislation Affecting Bankruptcy Practice

Bad to the Bone Calls for Retro Vibes. Can You Dig It?

“Postmarked” Redefined

Twenty Years After BAPCPA; The Federal Form Still Doesn’t Follow the Statute

Critical Case Comment– Reverse Mortgage May be Modified

Critical Case Comment – Frontloading Attorney’s Fees

Academy

Members

Website

Legal

Looking to Become a Member?

Webinars

Member Articles

Industry News

To get started, please let us know which of these best fits your current position: