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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; David Yunghans</title>
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	<link>http://wwrbankruptcy.com</link>
	<description>WW&#38;R Bankruptcy practice group of Weltman, Weinberg &#38; Reis, the nation&#039;s largest creditor&#039;s rights law firm, is your source for bankruptcy news and information. We are committed to helping clients thrive in these ever changing times.</description>
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		<title>New Bankruptcy Rules Increase Scrutiny Regarding the Filing of Secured Claims and Mortgage Proof of Claims</title>
		<link>http://wwrbankruptcy.com/2011/11/07/new-bankruptcy-rules-increase-scrutiny-regarding-the-filing-of-secured-claims-and-mortgage-proof-of-claims-2/</link>
		<comments>http://wwrbankruptcy.com/2011/11/07/new-bankruptcy-rules-increase-scrutiny-regarding-the-filing-of-secured-claims-and-mortgage-proof-of-claims-2/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 21:04:07 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=482</guid>
		<description><![CDATA[By David H. Yunghans, Esq. New bankruptcy rules are set to go into effect on December 1, 2011. Of concern to secured creditors and mortgage lenders are requirements imposed on filing proofs of claims secured by the debtor’s principal residence and claims based on writings. The changes are to the Federal Rules of Bankruptcy Procedure [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Homeowners Affordable Modification Program (HAMP) Expanded</title>
		<link>http://wwrbankruptcy.com/2011/10/24/home-affordable-refinance-program-hamp-expanded/</link>
		<comments>http://wwrbankruptcy.com/2011/10/24/home-affordable-refinance-program-hamp-expanded/#comments</comments>
		<pubDate>Mon, 24 Oct 2011 15:23:51 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Homeowners Affordable Modification Program]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=476</guid>
		<description><![CDATA[By David Yunghans The Federal Housing Finance Agency has now expanded the program by allowing homeowners to refinance regardless of how much their house has fallen in value.  Originally, the program was limited to borrowers whose mortgages were no greater than 125 percent of the value of their homes.  Under the program, borrowers must still [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>New Bankruptcy Rules Increase Scrutiny Regarding The Filing of Secured Claims and Mortgage Proof of Claims</title>
		<link>http://wwrbankruptcy.com/2011/10/03/new-bankruptcy-rules-increase-scrutiny-regarding-the-filing-of-secured-claims-and-mortgage-proof-of-claims/</link>
		<comments>http://wwrbankruptcy.com/2011/10/03/new-bankruptcy-rules-increase-scrutiny-regarding-the-filing-of-secured-claims-and-mortgage-proof-of-claims/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 14:30:04 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=461</guid>
		<description><![CDATA[New bankruptcy rules are set to go into effect on December 1, 2011.  Of concern to secured creditors and mortgage lenders are requirements imposed on filing proofs of claims secured by the debtor’s principal residence and claims based on writings.  The changes are to the Federal Rules of Bankruptcy Procedure Rule 3001 and 3002.1.  Changes [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2011/10/03/new-bankruptcy-rules-increase-scrutiny-regarding-the-filing-of-secured-claims-and-mortgage-proof-of-claims/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Rules Regarding Reopening Cases</title>
		<link>http://wwrbankruptcy.com/2011/07/25/rules-regarding-reopening-cases/</link>
		<comments>http://wwrbankruptcy.com/2011/07/25/rules-regarding-reopening-cases/#comments</comments>
		<pubDate>Mon, 25 Jul 2011 13:16:20 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Motion]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=418</guid>
		<description><![CDATA[Northern District of Ohio Bankruptcy Court Clarifies Rules Regarding Reopening Cases to File Reaffirmation Agreements and Motions to Avoid Liens Under certain circumstances the Bankruptcy Code provides that a case may be reopened to administer assets, accord relief to the debtor or for other cause.  There are two situations that may arise in which a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>New Consumer Financial Protection Bureau Opens</title>
		<link>http://wwrbankruptcy.com/2011/07/22/new-consumer-financial-protection-bureau-opens/</link>
		<comments>http://wwrbankruptcy.com/2011/07/22/new-consumer-financial-protection-bureau-opens/#comments</comments>
		<pubDate>Fri, 22 Jul 2011 13:35:45 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Court]]></category>
		<category><![CDATA[CFPB]]></category>
		<category><![CDATA[Consumer Financial Protection Bureau]]></category>
		<category><![CDATA[Dodd-Frank Act]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=414</guid>
		<description><![CDATA[On Thursday July 21, 2011 the Bureau opened its doors.  The Consumer Financial Protection Bureau (CFPB) was created last summer through the Dodd-Frank Act.  The purpose of the CFPB is to protect consumers from deceptive lending practices. The CFPB has faced several challenges from political leaders as the Bureaus power has yet to be defined.  [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2011/07/22/new-consumer-financial-protection-bureau-opens/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Telephone Scam Affects Chapter 13 Bankruptcy Cases Filed in Michigan</title>
		<link>http://wwrbankruptcy.com/2011/04/21/telephone-scam-affects-chapter-13-bankruptcy-cases-filed-in-michigan/</link>
		<comments>http://wwrbankruptcy.com/2011/04/21/telephone-scam-affects-chapter-13-bankruptcy-cases-filed-in-michigan/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 21:23:33 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[bankrupcy]]></category>
		<category><![CDATA[michigan]]></category>
		<category><![CDATA[telephone scam]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=403</guid>
		<description><![CDATA[Recently debtors in chapter 13 cases in the Western District of Michigan have reported receiving phone calls from a person claiming to represent the trustee.  The person then instructs the debtor to make trustee payments to a different P.O. Box which is not the correct payment address.  The person also requests personal information from the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Supreme Court Adopts “Forward-Looking” Approach to Define Projected Disposable Income When Calculating Chapter 13 Repayment Plans</title>
		<link>http://wwrbankruptcy.com/2010/07/01/supreme-court-adopts-%e2%80%9cforward-looking%e2%80%9d-approach-to-define-projected-disposable-income-when-calculating-chapter-13-repayment-plans/</link>
		<comments>http://wwrbankruptcy.com/2010/07/01/supreme-court-adopts-%e2%80%9cforward-looking%e2%80%9d-approach-to-define-projected-disposable-income-when-calculating-chapter-13-repayment-plans/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 20:27:34 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[2005 BAPCPA]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[forward looking approach]]></category>
		<category><![CDATA[means test]]></category>
		<category><![CDATA[mechanical approach]]></category>
		<category><![CDATA[projected disposable income]]></category>
		<category><![CDATA[repayment plans]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=353</guid>
		<description><![CDATA[When Congress amended the Bankruptcy Code in 2005, they implemented the means test.  The purpose of the means test was to provide a higher return of funds to unsecured creditors.  The test requires debtors filing chapter 13 bankruptcy to pay all “projected disposable income” into the plan.  Projected disposable income is a calculation of all [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Bankruptcy Filings Up in 2010 When Compared to 2009</title>
		<link>http://wwrbankruptcy.com/2010/06/23/bankruptcy-filings-up-in-2010-when-compared-to-2009/</link>
		<comments>http://wwrbankruptcy.com/2010/06/23/bankruptcy-filings-up-in-2010-when-compared-to-2009/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 13:26:11 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=351</guid>
		<description><![CDATA[Bankruptcy filings for the year through May 2010 are up over 9% nationwide as compared to filings through the same time last year.  From January 2010 to May 2010 there were 136,142 consumer bankruptcy filings nationwide as compared to 124,838 at the same time last year.  The increase is likely attributed to the high unemployment [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2010/06/23/bankruptcy-filings-up-in-2010-when-compared-to-2009/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Sixth Circuit Rules That Negative Equity Is Purchase Money</title>
		<link>http://wwrbankruptcy.com/2010/03/26/sixth-circuit-rules-that-negative-equity-is-purchase-money/</link>
		<comments>http://wwrbankruptcy.com/2010/03/26/sixth-circuit-rules-that-negative-equity-is-purchase-money/#comments</comments>
		<pubDate>Fri, 26 Mar 2010 17:00:19 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Motor Vehicle]]></category>
		<category><![CDATA[6th Circuit Court]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cramdown]]></category>
		<category><![CDATA[negative equity]]></category>
		<category><![CDATA[purchase money]]></category>
		<category><![CDATA[Sixth Circuit Court]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=330</guid>
		<description><![CDATA[On March 24, 2010 the Sixth Circuit Court of appeals which covers Ohio, Michigan, Kentucky, and Tennessee, in line with a recent decision in the Seventh and past decisions of the Second, Fourth, Fifth, Tenth, and Eleventh Circuit Courts of Appeal, ruled that negative equity is purchase money and cannot be crammed down through bankruptcy [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2010/03/26/sixth-circuit-rules-that-negative-equity-is-purchase-money/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Bankruptcy Filings Continue to Increase</title>
		<link>http://wwrbankruptcy.com/2010/02/24/bankruptcy-filings-continue-to-increase/</link>
		<comments>http://wwrbankruptcy.com/2010/02/24/bankruptcy-filings-continue-to-increase/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 12:05:50 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[AACER]]></category>
		<category><![CDATA[Bankruptcy Database Project]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=296</guid>
		<description><![CDATA[Bankruptcy filings for January 2010 are up 15% from January 2009.  There were a total of 102,600 bankruptcy filings in January 2010 as compared to 89,000 in January 2009.  Overall in 2009 there were a total of 1,434,600 bankruptcy cases filed.  These figures are approaching the record set in 2005 when over 1,600,000 cases were [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2010/02/24/bankruptcy-filings-continue-to-increase/feed/</wfw:commentRss>
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