The Dellutri Law Group, P.A. is pleased to announce that we have opened a new office for our Naples clients. The new office is located at the Fountain Park Center, 7935 Airport Pulling Road, Suite 200, Naples, Florida 34109. Our Naples phone number is 239-403-3011, and the fax number is 239-939-0588.
Continue reading " Naples Office Is Now Open For Bankruptcy Clients " »
As a Board Certified Consumer Bankruptcy Attorney, I see Bankruptcy clients all week long. This week, I saw a potential client who was convinced that her foreclosure was going to continue if she filed for bankruptcy protection. Since she had never filed for bankruptcy protection before, there is no limitation on the automatic stay provisions. The automatic stay is an injunction that goes into place immediately to prevent a creditor from taking any action to collect on a debt. That includes continuing the foreclosure process.
Continue reading " Bankruptcy Stops Foreclosure! " »
What will happen to the Bankruptcy Code if Presidential Candidate Obama picks a Vice President who is commonly known as Senator MBNA aka Senator Joe Biden. The Bankruptcy Code was changed in 2005 and Senator Joe Biden was instrumental in the changes to the Bankruptcy laws.
Now, we have a dilemma. At first blush it would appear to be a conflict as Barack Obama's past statements about how he would change the Bankruptcy Code would seem to conflict with his potential decision on his Vice President. In the past, Senator Obama has stated on numerous occasions that he would seek an amendment to the bankruptcy code to allow individuals to cram down their first mortgages on their homesteads, which is now prohibited. However, if Senator Obama picks Senator Joe Biden as his running mate, he may have some questions to answer.
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As a Bankruptcy Attorney, we are seeing more and more bankruptcy clients with foreclosure problems. According to a recent News-Press article, Lee County, Florida saw 2,467 foreclosures filed in July. We are able to strip off quite a few second mortgages in the Bankruptcy Court, but in some cases it doesn't even make sense to strip off the second mortgage because the client is still so far upside down on the first mortgage. We are in a constant state of flux in Lee County. It is very difficult to counsel clients on what to expect in this market or even to predict how long their foreclosure will take.
Continue reading " July's Foreclosures Hit New High In Lee County " »
