May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?
A United States court of appeals holds cramdowns on short term mortgages during Chapter 13 bankruptcy are enforceable.
Recent Posts
Renewing your license with eLicensing, by firsttuesday
Gamble on your home with a home equity investor!
When a property is sold at auction foreclosing on a property tax lien for less than its fair market value, is a homeowner entitled to the difference between the tax debt owed and the auction price — or the FMV?
Preserving mobilehome and RV parks while California builds denser housing
Breaking Down the Cost Barrier to Ownership
Using the yield spread to forecast recession and recovery in a business cycle
Boomers retire and California reinvents housing, again
Structural pest control reports and repairs
A parcel’s value is in its use
Global Tensions and High Prices Squash Consumer Outlook Ahead of Fed Decision
GET MORE INFORMATION
