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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; Real Estate</title>
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	<link>http://wwrbankruptcy.com</link>
	<description>WW&#38;R Bankruptcy practice group of Weltman, Weinberg &#38; Reis, the nation's largest creditor'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>Treasury Department Issues Guidelines for Use of HAMP in Bankruptcy</title>
		<link>http://wwrbankruptcy.com/2010/03/30/treasury-department-issues-guidelines-for-use-of-hamp-in-bankruptcy/</link>
		<comments>http://wwrbankruptcy.com/2010/03/30/treasury-department-issues-guidelines-for-use-of-hamp-in-bankruptcy/#comments</comments>
		<pubDate>Tue, 30 Mar 2010 12:00:03 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Homeowners Affordable Modification Program]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Chapter 13 Trustee]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[HAMP]]></category>
		<category><![CDATA[modification]]></category>
		<category><![CDATA[U.S. Treasury]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=335</guid>
		<description><![CDATA[A recent post advised lenders and servicers of a strategy proposed by a prominent Chapter 13 Trustee to file bankruptcy and apply for a HAMP modification at the same time. To recap, theoretically, the servicer will lower the mortgage payments and a modification would be in executed within 60 days of filing the bankruptcy, and [...]]]></description>
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		<title>New HAMP Guidelines Announced Affecting Foreclosures</title>
		<link>http://wwrbankruptcy.com/2010/03/29/new-hamp-guidelines-announced-affecting-foreclosures/</link>
		<comments>http://wwrbankruptcy.com/2010/03/29/new-hamp-guidelines-announced-affecting-foreclosures/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 13:28:38 +0000</pubDate>
		<dc:creator>Jack Day</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Homeowners Affordable Modification Program]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FHLMC]]></category>
		<category><![CDATA[FNMA]]></category>
		<category><![CDATA[foreclosure sales]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[HAMP]]></category>
		<category><![CDATA[new guidelines]]></category>
		<category><![CDATA[TARP funds]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=332</guid>
		<description><![CDATA[On March 24, 2010, the Treasury Department announced new guidelines for handling pending or threatened foreclosure actions for lenders participating in the Home Affordable Modification Program (HAMP) effective June 1, 2010. Lenders participating in HAMP include Fannie Mae (FNMA) and Freddie Mac (FHLMC) loans, lenders accepting TARP funds, and other lenders who voluntarily agree to [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Beware of Chapter 13 Plans That Depend on HAMP Modification</title>
		<link>http://wwrbankruptcy.com/2010/03/25/beware-of-chapter-13-plans-that-depend-on-hamp-modification/</link>
		<comments>http://wwrbankruptcy.com/2010/03/25/beware-of-chapter-13-plans-that-depend-on-hamp-modification/#comments</comments>
		<pubDate>Thu, 25 Mar 2010 18:15:51 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Homeowners Affordable Modification Program]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Affidavid of Hardship]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[HAMP]]></category>
		<category><![CDATA[modification]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[Request for Modification]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=327</guid>
		<description><![CDATA[The bills in both the House and Senate which would have allowed bankruptcy judges to modify the terms of certain mortgages died long ago.  However, one prominent Chapter 13 bankruptcy trustee is promoting his own version of reform by promoting the use of HAMP (Homeowners Affordable Modification Program) in concert with a Chapter 13 bankruptcy.  [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>7th Circuit Court of Appeals Decision Finds Indiana Curative Statute is Retroactive</title>
		<link>http://wwrbankruptcy.com/2010/03/08/7th-circuit-court-of-appeals-decision-finds-indiana-curative-statute-is-retroactive/</link>
		<comments>http://wwrbankruptcy.com/2010/03/08/7th-circuit-court-of-appeals-decision-finds-indiana-curative-statute-is-retroactive/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 12:00:23 +0000</pubDate>
		<dc:creator>Laura Faulkner</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Local Procedures & Rules]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Indiana]]></category>
		<category><![CDATA[notary]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=307</guid>
		<description><![CDATA[In Indiana, as in most states, a mortgage must be properly acknowledged in order to be valid. This means that the notary present at the mortgage closing must make a written statement confirming that the notary witnessed the mortgagors sign the mortgage documents. If the notary acknowledgement is incomplete or improperly formatted, the mortgage is [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Debtors May Not Use Bankruptcy To Extend Expired State Court Deadlines</title>
		<link>http://wwrbankruptcy.com/2010/03/04/debtors-may-not-use-bankruptcy-to-extend-expired-state-court-deadlines/</link>
		<comments>http://wwrbankruptcy.com/2010/03/04/debtors-may-not-use-bankruptcy-to-extend-expired-state-court-deadlines/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 18:50:14 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[Extension of Time]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[redemption period]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=304</guid>
		<description><![CDATA[Lenders are faced with more and different challenges from debtors in these stressful financial times. One tactic being tried in Illinois is to use bankruptcy to attempt to extend a state court right of redemption on real estate in foreclosure.
Illinois Foreclosure law gives a mortgagor a specified and limited time to redeem a mortgage from [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Commercial Real Estate Slump Likely To Result In Uptick In Bankruptcy Filings</title>
		<link>http://wwrbankruptcy.com/2010/02/10/commercial-real-estate-slump-likely-to-result-in-uptick-in-bankruptcy-filings/</link>
		<comments>http://wwrbankruptcy.com/2010/02/10/commercial-real-estate-slump-likely-to-result-in-uptick-in-bankruptcy-filings/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 13:00:27 +0000</pubDate>
		<dc:creator>Scott Fink</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[commercial real estate]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=288</guid>
		<description><![CDATA[With the commercial real estate market in a continued pattern of free fall, coupled with the still-lagging economy overall, creditors are likely to see a continued increase in overall bankruptcy filings for the foreseeable future.  For every strip mall or office park that watches as long-time, valued tenants vacate their spaces, there are landlords who [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2010/02/10/commercial-real-estate-slump-likely-to-result-in-uptick-in-bankruptcy-filings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Has Mortgage Cramdown Died Its Final Death?</title>
		<link>http://wwrbankruptcy.com/2009/12/17/has-mortgage-cramdown-died-its-final-death/</link>
		<comments>http://wwrbankruptcy.com/2009/12/17/has-mortgage-cramdown-died-its-final-death/#comments</comments>
		<pubDate>Thu, 17 Dec 2009 17:03:24 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=278</guid>
		<description><![CDATA[The House on December 11, 2009 rejected an amendment to the Wall Street Reform and Protection Act of 2009 that would allow mortgage cramdowns in Chapter 13 bankruptcies.  The surprise is that this is the same amendment that the House passed earlier this year.  This time it was defeated by a vote of 241 to [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/12/17/has-mortgage-cramdown-died-its-final-death/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>6th Circuit BAP Finds Kentucky’s Mortgage Curative Statute “IS” to be Applied Prospectively</title>
		<link>http://wwrbankruptcy.com/2009/11/23/6th-circuit-bap-finds-kentucky%e2%80%99s-mortgage-curative-statute-%e2%80%9cis%e2%80%9d-to-be-applied-prospectively/</link>
		<comments>http://wwrbankruptcy.com/2009/11/23/6th-circuit-bap-finds-kentucky%e2%80%99s-mortgage-curative-statute-%e2%80%9cis%e2%80%9d-to-be-applied-prospectively/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 18:47:10 +0000</pubDate>
		<dc:creator>Jack Day</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[amicus brief]]></category>
		<category><![CDATA[bankruptcy trustees]]></category>
		<category><![CDATA[defective acknowledgments]]></category>
		<category><![CDATA[Kentucky Bankers Association]]></category>
		<category><![CDATA[Kentucky legislature]]></category>
		<category><![CDATA[mortgage curative statute]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=269</guid>
		<description><![CDATA[In 2006, the Kentucky legislature passed a statute titled “exception for instruments lodged for record prior to July 12, 2006” to cure defects in mortgages with defective acknowledgments.(1) Prior to that statute, bankruptcy trustees were filing many actions to avoid mortgages whose acknowledgment clauses contained minor technical and clerical errors. After passage of the statute, [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/11/23/6th-circuit-bap-finds-kentucky%e2%80%99s-mortgage-curative-statute-%e2%80%9cis%e2%80%9d-to-be-applied-prospectively/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Procedure for Filing Notice of Mortgage Payment Change Amended in Western District of Pennsylvania</title>
		<link>http://wwrbankruptcy.com/2009/11/17/procedure-for-filing-notice-of-mortgage-payment-change-amended-in-western-district-of-pennsylvania/</link>
		<comments>http://wwrbankruptcy.com/2009/11/17/procedure-for-filing-notice-of-mortgage-payment-change-amended-in-western-district-of-pennsylvania/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 21:43:00 +0000</pubDate>
		<dc:creator>Holly Thurman</dc:creator>
				<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Local Procedures & Rules]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Notice of Mortgage Payment Change]]></category>
		<category><![CDATA[Western District of Pennsylvania]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=261</guid>
		<description><![CDATA[Effective January 1, 2010, the Western District of Pennsylvania Court Procedure will change regarding notifying the Court and the Debtor of monthly mortgage payment changes. The Chapter 13 Trustee is the acting disbursing agent for ongoing mortgage payments in this district.
Notice of Mortgage Payment Change must be filed with the Court at least twenty-one (21) [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/11/17/procedure-for-filing-notice-of-mortgage-payment-change-amended-in-western-district-of-pennsylvania/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Statehouse Bill Would Require Lenders To Mediate Before Filing A Foreclosure Action</title>
		<link>http://wwrbankruptcy.com/2009/10/22/statehouse-bill-would-require-lenders-to-mediate-before-filing-a-foreclosure-action/</link>
		<comments>http://wwrbankruptcy.com/2009/10/22/statehouse-bill-would-require-lenders-to-mediate-before-filing-a-foreclosure-action/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 13:40:04 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[House Bill 306]]></category>
		<category><![CDATA[mandatory mediation]]></category>
		<category><![CDATA[Matthew Dolan]]></category>
		<category><![CDATA[mediation]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=249</guid>
		<description><![CDATA[Currently in Ohio before filing a foreclosure action, the lender is not required to participate in a mediation program.  This may soon change as Ohio State Representative Matthew Dolan proposed a bill in the Ohio House, which would make mediation mandatory before filing a foreclosure.  Under House Bill 306, a lender would be required to [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/10/22/statehouse-bill-would-require-lenders-to-mediate-before-filing-a-foreclosure-action/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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