You may have heard that the Biden administration extended a foreclosure moratorium until at least this summer. This is good news if you are behind on your house payments, but, it does not mean that you are home free. First, the moratorium covers federally backed...
Month: February 2021
BANKRUPTCY COMES BACK
For years since the last recession bankruptcy filings have declined. The decline has continued despite the horrendous job loses and financial stresses faced by huge numbers in the last year. Filings have likely been kept down by government assistance programs that...
EVICTION UPDATE
One of the exceptions to the current eviction moratorium is if the owner, or a family member desires to move into the property. I have seen one judge make the determination that if the property is held in some type of corporate structure, LLC, partnership, etc, that...
Eviction in pandemic times
Some of the biggest changes to the law in the pandemic have been in the area of housing. Last March a moratorium on almost all evictions was put in place. While a few exceptions were made in the original moratorium, and in the months after the moratorium was put in...