There are no mechanisms in bankruptcy that would force a mortgage company to modify the terms of their note. They have a contract, you signed on the line, you agreed to pay, they agreed to give you the money. There’s no mechanism in the bankruptcy code that forces a creditor to do that. However, what we found in this climate, in this economy, that mortgage companies are coming forward and they’re offering clients deals, whether it be a 7 or 13, to modify and to try to keep that debtor in that home.
The Role of Mediation in Florida Divorce Cases
Divorce can be a challenging and emotionally taxing process, but in Florida, mediation offers a way to resolve disputes amicably without the need for prolonged litigation. Mediation is an essential part of the divorce process in Florida, designed to help couples...