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Tag Archives: claim

How Unperfected and Perfected Liens Work in Bankruptcy

Liens refer to secured property where the property is used as collateral for loans. To perfect a lien, the lender must file it with the correct legal authority. For example, a car dealership must file the lien with the Department of Motor Vehicles or whichever authority in the dealership’s particular state handles the filing of… Read More »

Reasons to Save Your Bankruptcy Paperwork

Not too long ago, sub-prime loans and other fraudulent lending practices lead to the housing market scandal, causing many homeowners to face foreclosures and file bankruptcy.  The downfall of Countrywide Home Loans Inc. opened the door to compensation for many homeowners who were victims of their unfair practices.  Countrywide clients who saved their bankruptcy and… Read More »