Mortgage ‘Cram-Down’ Bankruptcy Bill May Aid 1 Million in U.S.
March 6 (Bloomberg) -- At least 1 million Americans would be able to use bankruptcy to reduce mortgage payments under legislation approved by the House yesterday, part of Democratic efforts to stem a crisis that has erased more than $2.4 trillion in home values.Read more.
WAMU Sued for Failing to Engage Debtor in Loan Modifications
A Boston-area couple who are in foreclosure, despite their herculean attempts to prevent it, have filed a lawsuit against Washington Mutual, one of the nation's largest mortgage servicing firms. Read more.
At Freddie Mac, Chief Discarded Warning Signs
The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial crises now engulfing it, according to more than two dozen current and former high-ranking executives and others. Read more.
Connecticut Sues Firms Over Credit Ratings of Cities
The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial crises now engulfing it, according to more than two dozen current and former high-ranking executives and others. Read more.
Extreme Makover Home Faces Foreclosure
LAKE CITY, Ga. (AP) - More than 1,800 people showed up to help ABC's "Extreme Makeover" team demolish a family's decrepit home and replace it with a sparkling, four-bedroom mini-mansion in 2005. Read more.
Fed Keeps Rate at 2%1
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Read more.
Who will benefit from the new federal housing act?
Is it a remedy for the worst housing slump the nation has suffered in decades? Or merely a taxpayer-funded bailout that will fail to reverse the plunge in home prices, the surge in foreclosures and the grave threat that overhangs the economy? Read more.
The Latest Thing--Medical and Dental Credit Cards
Many doctors and dentists are marketing medical credit cards to their patients, and consumer lawyers say they are a new wave of predatory lending. Read more.
Freddie Mac Doubles Financial Incentives to Servicers Who Help Borrowers Avoid Foreclosure
Freddie Mac today told mortgage servicers it was doubling the amount of money it pays for each workout that keeps a delinquent borrower with a Freddie Mac-owned mortgage out of foreclosure. Read more.
IndyMac Bancorp files for Chapter 7 Bankruptcy
IndyMac Bancorp Inc (IDMC.PK), once one of the largest U.S. mortgage lenders, has filed for bankruptcy protection, less than three weeks after being seized by federal regulators following a bank run by depositors. Read more.
Federal and State Agencies Crack Down on Mortgage Modification and Foreclosure scams
The Federal Trade Commission today announced a crackdown on fraud and deception by mortgage modification and home foreclosure rescue companies. The FTC is seeking to halt the proliferation of these mortgage relief scams – which target distressed and vulnerable consumers who are delinquent or facing foreclosure – through increased law enforcement, consumer outreach, and close coordination with federal, state, and non-profit partners. Read more.
Below you will find some of the numerous complements and feedback that we constantly receive in the mail from former clients. Hopefully, this will help our future clients understand our level of personal attention that we strive for in every case and what sets our law firm apart from some other firms in Colorado. If you are a current or former client of ours, please email us your comments and your permission to post your comments and we can add your comments to this page for our future clients to read. Of course, all attorney-client privilege will be honored and last names will not be disclosed.
I highly recommend The Fast Filers. They took all of the stress out of filing bankruptcy. They handled everything for me with ease and professionalism.
I had one small glitch when a creditor continued to contact me demanding payment after the Discharge. The Fast Filers again stepped in and handled everything. They fully intervened and contacted the creditor requesting that they immediately stop harassing me. When the harassment continued The Fast Filers promptly filed suite against the creditor. At no additional cost to me, The Fast Filers pursued the violation all the way to the end which resulted in a cash settlement for me. I never thought that I can have the creditors pay me for filing bankruptcy!
I feel very lucky to have had The Fast Filers on my side. I don't know if any others law firms would have stuck by me and gone that far.
The Fast Filers get an A+ rating from me and I highly recommend their service.
Annette, Denver CO. February 2009
Dear Elisa and Michael. My Husband and I want to thank you for all your hard work on our behalf in the filing of our bankruptcy. We so appreciate you being in court with us today Elisa. We were a little terrified not knowing what to expect and then to see the other cases continued for lack of information before us handled by other attorneys. You had everything in order. The actual act of having to file bankruptcy and going to court was intimidating and embarrassing to say the least but you treated us like real people with no judgment from you. That alone meant the world to my husband and I. We’re not bad people, just two in the countless millions in the same boat who now have the chance to start again. Thanks again!
Email from Sharron – Denver, CO March 2008
"I interviewed several attorneys before selecting Mr. Suchoparek to file my bankruptcy. I found him to be professional, knowledgeable beyond compare and above all responsive to any questions I may have had during the course of the bankruptcy. Most attorneys I spoke to were never available to personally answer my questions. Nobody in Denver has more expertise in BK Law than Michael Suchoparek and nobody makes you feel like you are their only client, like Michael does. Thanks!"
Holiday Card from Adam—Littleton, CO December 2007
"I can only recommend Michael and Elisa and their team. With them, I always felt in good hands. Nobody wants to go through with this unpleasant process, but they helped me to a successful discharge. They were straight, honest and always quick to respond to an email or phone message. A completely different experience than what I experienced from my Divorce Attorney."
John—Colorado Springs, CO. September, 2007
I would highly recommend Mr. Suchoparek as he was very professional in all aspects of handling my case. The thing that impressed me the most was his quick, accurate responses to all my questions. Although my case was pretty straightforward, I haven't used a lot of lawyers so I was pretty nervous. The fact that he only specializes in bankruptcy made me feel more comfortable and he did an excellent job throughout the process. Thank you.
Tanya –Eagle, CO June 2007
"I write this letter on behalf of my wife and myself to thank you from the bottom of our hearts for your professionalism, steadfast belief in our cause and your unswerving dedication to serve us, the client to the best of your ability. Our case was a very difficult bankruptcy, with many complicated legal issues that had to be litigated. Your expert advice and application of the Law allowed us to complete the bankruptcy with a minimum of delay and maximum of efficiency. To your credit, our bankruptcy was discharged even faster than your conservative estimates. I would be more than happy to be listed as a reference to your firm and will gladly advise anyone with needs of your services to seek you counsel."
Holiday Card from Thomas and Susan—Denver, CO. December, 2007
"I want to thank you Ms. Weselis and recommend you to any one who has to go thru this process of bankruptcy. There was a point when we expected the worst. You assured us we were in good hands and due to your expertise and personal kindness, we are done! It is amazing what a new start can do for your life! As I read other comments I do have to agree: you always answered in a timely manner. THANK YOU SO MUCH!!"
Email from Alicia and Bob – Fort Collins, CO December, 2007
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