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	<title>WWR Bankruptcy &#62; Your Bankruptcy News &#38; Information Source &#187; foreclosure</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>Bankruptcy Filings Continue to Rise</title>
		<link>http://wwrbankruptcy.com/2010/03/23/bankruptcy-filings-continue-to-rise/</link>
		<comments>http://wwrbankruptcy.com/2010/03/23/bankruptcy-filings-continue-to-rise/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 14:06:05 +0000</pubDate>
		<dc:creator>Alan Hochheiser</dc:creator>
				<category><![CDATA[Bankruptcy Filings]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Chapter 7]]></category>
		<category><![CDATA[11th Circuit]]></category>
		<category><![CDATA[6th Circuit]]></category>
		<category><![CDATA[9th Circuit]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[increase]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=316</guid>
		<description><![CDATA[2009 brought us increased bankruptcy filings. The number of filings approached the levels of 2004. 2009 saw 1.4 million consumer filings. Approximately 71% of the filings were Chapter 7’s and 28% were Chapter 13’s. Less than 1% were Chapter 11 filings.  The first two months of 2010 has seen a continuation in the increased number [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2010/03/23/bankruptcy-filings-continue-to-rise/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		</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>
		</item>
		<item>
		<title>Still Looming:  Bankruptcy Reform and Cramdown</title>
		<link>http://wwrbankruptcy.com/2009/07/24/still-looming-bankruptcy-reform-and-cramdown/</link>
		<comments>http://wwrbankruptcy.com/2009/07/24/still-looming-bankruptcy-reform-and-cramdown/#comments</comments>
		<pubDate>Fri, 24 Jul 2009 18:53:25 +0000</pubDate>
		<dc:creator>Beth Schenz</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Adam Levitin]]></category>
		<category><![CDATA[Alys Cohen]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[bankruptcy reform]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[foreclosure crisis]]></category>
		<category><![CDATA[HAMP]]></category>
		<category><![CDATA[Jeff Sessions]]></category>
		<category><![CDATA[Mark Calabria]]></category>
		<category><![CDATA[Richard Durbin]]></category>
		<category><![CDATA[Richard Genirberg]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=223</guid>
		<description><![CDATA[On July 23, 2009, the Senate Committee on the Judiciary, Subcommittee on Administrative Oversight and the Courts scheduled a hearing on &#8220;The Worsening Foreclosure Crisis: Is It Time to Reconsider Bankruptcy Reform?&#8221; Due to the rise in foreclosures and continuing high level of unemployment, Democratic senators are attempting to revisit the bankruptcy reform that would [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Paying Back the Loss: No Loss Policies and Member Bankruptcy</title>
		<link>http://wwrbankruptcy.com/2009/06/09/paying-back-the-loss-no-loss-policies-and-member-bankruptcy/</link>
		<comments>http://wwrbankruptcy.com/2009/06/09/paying-back-the-loss-no-loss-policies-and-member-bankruptcy/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 13:10:28 +0000</pubDate>
		<dc:creator>Robert Rutkowski</dc:creator>
				<category><![CDATA[Bankruptcy Automatic Stay]]></category>
		<category><![CDATA[automatic stay]]></category>
		<category><![CDATA[credit union]]></category>
		<category><![CDATA[default]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[membership]]></category>
		<category><![CDATA[post-petition indebtedness]]></category>
		<category><![CDATA[reaffirmation]]></category>
		<category><![CDATA[rehabilitation]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[voluntary repayment]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=213</guid>
		<description><![CDATA[by Robert Rutkowski, Partner and Bryan Kostura, Associate
Many credit unions have no loss policies. When a member causes the credit union a loss, the member either loses services (down to a share account and the right to vote at meetings) or, in the case of some state credit unions, the member is expelled. At times, [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/06/09/paying-back-the-loss-no-loss-policies-and-member-bankruptcy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreclosure Rates Rise To Their Highest Levels In First Quarter of 2009</title>
		<link>http://wwrbankruptcy.com/2009/04/20/foreclosure-rates-rise-to-their-highest-levels-in-first-quarter-of-2009/</link>
		<comments>http://wwrbankruptcy.com/2009/04/20/foreclosure-rates-rise-to-their-highest-levels-in-first-quarter-of-2009/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 14:36:17 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[congressional programs]]></category>
		<category><![CDATA[filings]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[rate of foreclosures]]></category>
		<category><![CDATA[RealtyTrac]]></category>
		<category><![CDATA[residential mortgage]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=205</guid>
		<description><![CDATA[On Thursday April 16, 2009 RealtyTrac reported that foreclosure rates in March 2009 increased by 17% from February.  The increase came as many mortgage lenders ended temporary moratoriums imposed on the filing of foreclosures.  The March and first quarter totals also jumped 24% from a year ago and were the highest since RealtyTrac began reporting [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/04/20/foreclosure-rates-rise-to-their-highest-levels-in-first-quarter-of-2009/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unintended Consequences: Bankruptcy Cram Down May Actually Case Decrease in Bankruptcy Filings</title>
		<link>http://wwrbankruptcy.com/2009/04/08/unintended-consequences-bankruptcy-cram-down-may-actually-case-decrease-in-bankruptcy-filings/</link>
		<comments>http://wwrbankruptcy.com/2009/04/08/unintended-consequences-bankruptcy-cram-down-may-actually-case-decrease-in-bankruptcy-filings/#comments</comments>
		<pubDate>Wed, 08 Apr 2009 20:12:14 +0000</pubDate>
		<dc:creator>Scott Fink</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[collateral]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[modification]]></category>
		<category><![CDATA[residential mortgage]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=191</guid>
		<description><![CDATA[With the proposed amendments to the Bankruptcy Code placed on temporary hold by Congress until at least late April, it seems appropriate to take a step back and examine the possible unintended consequences of the passage of such a law.
While providing troubled borrowers with an effective tool to rework their mortgage terms under the protection [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/04/08/unintended-consequences-bankruptcy-cram-down-may-actually-case-decrease-in-bankruptcy-filings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Protect Your Mortgage Lien: Dealing with Ohio&#8217;s Dower Interest</title>
		<link>http://wwrbankruptcy.com/2009/03/16/protect-your-mortgage-lien-dealing-with-ohios-dower-interest/</link>
		<comments>http://wwrbankruptcy.com/2009/03/16/protect-your-mortgage-lien-dealing-with-ohios-dower-interest/#comments</comments>
		<pubDate>Mon, 16 Mar 2009 20:26:43 +0000</pubDate>
		<dc:creator>Beth Schenz</dc:creator>
				<category><![CDATA[Motion]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[abandonment]]></category>
		<category><![CDATA[automatic stay]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[bankruptcy estate]]></category>
		<category><![CDATA[dower interest]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[In re Rosario]]></category>
		<category><![CDATA[mortgage lien]]></category>
		<category><![CDATA[Northern District of Ohio]]></category>
		<category><![CDATA[relief from stay]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=175</guid>
		<description><![CDATA[The Ohio legal principle of “first in time, first in right” applies to mortgage liens as well as dower interest as indicated in a recent ruling in the Northern District of Ohio(1).  The bankruptcy court states that, “if a couple is married before property is mortgaged, the dower interest has priority over the mortgage lien.”  [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/03/16/protect-your-mortgage-lien-dealing-with-ohios-dower-interest/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>In Attempting To Limit Certain Mortgage Modification Bankruptcies, House Bill Has Loopholes</title>
		<link>http://wwrbankruptcy.com/2009/03/13/in-attempting-to-limit-certain-mortgage-modification-bankruptcies-house-bill-has-loopholes/</link>
		<comments>http://wwrbankruptcy.com/2009/03/13/in-attempting-to-limit-certain-mortgage-modification-bankruptcies-house-bill-has-loopholes/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 19:40:03 +0000</pubDate>
		<dc:creator>Monette Cope</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[residential mortgage]]></category>
		<category><![CDATA[Tags: bankruptcy]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=173</guid>
		<description><![CDATA[H.B. 1106 attempts to limit the mortgages that may be ìcrammed downî or otherwise modified. It permits modifications only on loans that were originated before the billís enactment.  A case may not be reopened to modify a mortgage.  These are substantial (however, debtors are not prevented from filing a new case).
Several provisions are designed to [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/03/13/in-attempting-to-limit-certain-mortgage-modification-bankruptcies-house-bill-has-loopholes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ohio House Bill Proposes Mortgage &#8220;Cram Down&#8221; Without Filing Bankruptcy</title>
		<link>http://wwrbankruptcy.com/2009/03/11/ohio-house-bill-proposes-mortgage-cram-down-without-filing-bankruptcy/</link>
		<comments>http://wwrbankruptcy.com/2009/03/11/ohio-house-bill-proposes-mortgage-cram-down-without-filing-bankruptcy/#comments</comments>
		<pubDate>Wed, 11 Mar 2009 13:00:29 +0000</pubDate>
		<dc:creator>David Yunghans</dc:creator>
				<category><![CDATA[Bankruptcy Act 2009]]></category>
		<category><![CDATA[Chapter 13]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[cram down]]></category>
		<category><![CDATA[Denise Driehaus]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[House Bill 3]]></category>
		<category><![CDATA[lender incentives]]></category>
		<category><![CDATA[loan modifications]]></category>
		<category><![CDATA[Mike Foley]]></category>
		<category><![CDATA[residential mortgage]]></category>

		<guid isPermaLink="false">http://wwrbankruptcy.com/?p=164</guid>
		<description><![CDATA[Currently Congress is hammering out the details of a law that will change the Bankruptcy Code and grant bankruptcy judges the authority to cram down mortgage loans to the current market value of the real property and modify interest rates.  On February 17, 2009 Ohio representatives Mike Foley and Denise Driehaus introduced Ohio House Bill [...]]]></description>
		<wfw:commentRss>http://wwrbankruptcy.com/2009/03/11/ohio-house-bill-proposes-mortgage-cram-down-without-filing-bankruptcy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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