Legion post facing pending foreclosure
The Chief Paduke American Legion Post 31 is facing financial difficulties, including the pending foreclosure on its property at 425 Legion Drive in Paducah.
The Chief Paduke American Legion Post 31 is facing financial difficulties, including the pending foreclosure on its property at 425 Legion Drive in Paducah.
Where traditional foreclosure cannot be docketed for 90 days after the triggering event, a lender may now petition the court for permission to immediately foreclose on vacant and abandoned properties. The petition can cut up to three months off the process, if successful. Foreclosure News
Professor Fred Foldvary wrote in 1997 that “the next major bust, 18 years after the 1990 downturn, will be around 2008, if there is no major interruption such as a global war.” He successfully predicted the crash would occur and based his prediction on the past. Foreclosure News
A California-based developer of a 12-story historic art deco building in downtown Sioux City has filed for bankruptcy protection, indefinitely delaying an effort by an eastern Iowa bank to foreclose on it. Mako One Corp., of Carlsbad, California, has notified the court that it's filing a Chapter 11 petition in U.S. Bankruptcy Court in the…
The stock market has long since recovered and has set record after record. The economy is generally sound, unemployment is down and inflation modest. Foreclosure News
A Maryland man has pleaded guilty in federal court to his role in a scheme to bilk Connecticut homeowners facing foreclosure out of thousands of dollars by falsely promising to buy their homes and pay off their mortgages. Bradford Barneys, of Odenton, Maryland, pleaded guilty on Tuesday to conspiracy to commit mail and wire fraud….
We all remember the failure of Washington Mutual on Sept. 25, 2008, and the resulting catastrophe since 2009. Foreclosure News