Is There Anything that I Can Do About This in a Bankruptcy Case? With the recent downturn in the housing market, many homeowners that have a second mortgage find themselves in the situation where they owe significantly more on their mortgages than their property is...
Another municipal bankruptcy is on the horizon for California. This time, it is the town of Mammoth Lakes, CA, as the Town Council unanimously approved the decision to file for bankruptcy on July 2, 2012. One of the major reasons it is filing bankruptcy is the Town’s...
