Continuing Legal Education ... Anytime

Monthly Archives: August 2015

Review of Second Amended Administrative Order Prescribing Procedures for Mortgage Modification Mediation

U. S. Bankruptcy Court Middle District of Florida Review of SECOND AMENDED ADMINISTRATIVE ORDER PRESCRIBING PROCEDURES FOR MORTGAGE MODIFICATION MEDIATION EFFECTIVE SEPTEMBER 1, 2015 I. District-wide uniform Mortgage Modification Mediation (MMM) procedures II. Current A/O is effective as of September 1, 2015 III. MMM available for all cases and any type of real property IV. […]

read more

Two New Administrative Orders Effective September 1

Effective September 1st United States Bankruptcy Court Middle District of Florida Administrative Order 2015-7, Second amended administrative order prescribing procedures for mortgage modification mediation. Administrative Order 2015-8, Prescribing procedures for Chapter 13 cases.

read more

Michael Barnett: For people with mortgage woes, there is hope — if you follow the rules

Tampa Tribune: “On June 1, the U.S. Supreme Court ruled in Bank of America, N.A. v. Caulkett that a Chapter 7 bankruptcy debtor can no longer eliminate a junior mortgage on real property when the value of the property is less than the outstanding amount owed under a senior mortgage, barring a practice that has […]

read more

Four Tricks That Make Mediation Work

Forbes: “If your business finds itself engaged in litigation, chances are that the dispute will be resolved in a conference room rather than a courtroom. Most lawsuits settle before judgment, and increasingly litigants are turning to mediation—negotiation assisted by a third-party facilitator —to resolve their disputes. They hope mediation will be faster and cheaper than […]

read more

Why Lowering Student Loan Interest Rates Isn’t A Game Changer

National Public Radio: “Everyone knows student debt is growing. College costs are growing. Student debt delinquencies are rising. And now Hillary Clinton has her own plan for how to stem that tide of financial problems for college graduates. On Monday, Clinton released a package of ideas aimed at helping Americans handle their college debt, which […]

read more

Democrats Sound Similar Alarm On College Affordability

National Public Radio: “One-point-two trillion dollars – that’s the amount of student loan debt that Americans are carrying. And that makes it larger than credit cards and car loans. It’s becoming an issue in the 2016 presidential race. Today in New Hampshire, Hillary Clinton announced her plan to make higher education more affordable. As NPR’s […]

read more

Bill Would Replace U.S. Loan Default Rates With Repayment Metric

Inside Higher Ed: “A bipartisan duo of U.S. senators on Wednesday introduced legislation that would overhaul a key way the government holds colleges accountable for student outcomes and also create a new risk-sharing program. The bill, offered by Senators Jeanne Shaheen of New Hampshire, a Democrat, and Orrin Hatch of Utah, a Republican, would get […]

read more

5 Ideas To Ease The Burden Of Student Loans

National Public Radio: “The total outstanding balance of federal student loans: $1.3 trillion. Whether it’s because of for-profit colleges shutting down or popular debates about the moral necessity of repayment, the issue consistently makes headlines, and it shows signs of emerging into political prominence during this election cycle. Sen. Elizabeth Warren, D-Mass., made news recently […]

read more

Lenders Pitch Refinanced Loans to Former Students (Some of Them)

Wall Street Journal: “More student lenders are for the first time offering to refinance the loans of professionals who are years out of college, promising low rates in return for the prospect of lucrative new customers, the Wall Street Journal reported on Friday. A growing number of lenders have started refinancing the debt of select […]

read more