Michael Litz, Clayton Developer, Sentenced to 3 Years in Prison
Customers, including Roderick Bishop and Kristy Cruz of Benton Park West, say Michael Litz's bank took them for a ride.
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Court blocks Pearl of Africa sale
ByadminAn application for an interim order has been granted to Aya Investments blocking Industrial Development Corporation of South Africa Ltd from interrupting operations of Pearl of Africa Hotel on allegations of breach of contract. The order granted on March 7 restrains the financial institution from taking any action against Pearl of Africa Hotel until the…
Questions remain: Hospital’s future up in the air after auction sale
ByadminNobody likes to see an abandoned hospital. For residents of Patrick County, having no hospital means at least a 35 mile drive to either Martinsville or Rocky Mount for treatment. Foreclosure News
Judicial Foreclosure Sales are Immune to Preference Challenges
ByadminThe Bankruptcy Court for the Western District of Pennsylvania has recently held that a pre-petition foreclosure of a debtor's real property, conducted in accordance with state law, is not subject to attack as a preference under 11 U.S.C. 547. [1] There, the holder of the first mortgage on the property commenced foreclosure proceedings against the…
Trump’s former lawyer Michael Cohen pleads guilty to lying to Congress
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How a short sale can short-circuit your credit score
ByadminThe way that a bank reports a short sale to the credit bureaus has a big influence on the seller's credit scores. The way that a bank reports a short sale to the credit bureaus has a big influence on the seller's credit scores. Foreclosure News