Banner

Archive for the ‘Bankruptcy Topics’ Category

Bankruptcy Petition Case Review

Icon Written by Victoria Ring on January 19, 2010 – 10:14 pm

The problem: There is not enough left over for the debtors to make a Chapter 13 Plan payment.
I talked with an attorney today who said:  For a Chapter 13 Plan, I thought all I needed to do was take the amount left over between Schedules I and J and this was the Plan payment.
Unfortunately, [...]



How Banks Are Viewing Cram Downs Proposed in Bankruptcy

Icon Written by Victoria Ring on January 17, 2010 – 6:16 pm

Dear Victoria Ring:
Thanks for all you do.  And I appreciate the information you provide to us.  I just wanted to add that I currently work for a major bank.  I work with borrowers with defaulted business loans.  And let me tell you that on a lot of the deals we have, I have seen quite [...]



Bankruptcy Petition Questions and Answers

Icon Written by Victoria Ring on December 29, 2009 – 5:57 pm

The following questions and answers were submitted to 713Training.Com either at a teleconference or by email during this past week. The answers are provided by Victoria Ring who is not an attorney.  Therefore, the information provided in this material is for training purposes only and no whole or part should be regarded as legal advice.
DEAR [...]



Mortgage Cram Down and Strip Down Q and A

Icon Written by Victoria Ring on December 24, 2009 – 1:12 pm

The following questions and answers were submitted to 713Training.Com either at a teleconference or by email during this past week. The answers are provided by Victoria Ring who is not an attorney.  Therefore, the information provided in this material is for training purposes only and no whole or part should be regarded as legal advice.
QUESTION
How [...]



Update on Mortgage Cram Down Bill

Icon Written by Victoria Ring on December 8, 2009 – 8:40 pm

NEW AMENDMENT PROPOSED FOR MORTGAGE CRAM DOWN BILL
VOTE TO BE TAKEN BY THE HOUSE BEGINNING WEDNESDAY, DECEMBER 9
a report published by Victoria Ring, 713Training.Com
The following information was brought to my attention by Corvi Urling, a financial professional who attended our teleconference on Dec 8, 2009:
H.R. 4173, the Wall Street Reform and Consumer Protection Act will [...]



Motion to Avoid Secure Lien and Strip Second Mortgage

Icon Written by Victoria Ring on October 10, 2009 – 7:13 pm

http://www.713training.com/shop/cart.php?m=product_detail&p=114
by Victoria Ring, 713Training.Com
When I first learned of a Motion to Avoid Secure Lien and Strip Second Mortgage I was doing a petition review for an attorney.  I was told that many courts are requiring that the attorney file a Motion to Avoid Secure Lien along with the Chapter 13 Plan if they intend to [...]



New Hope Bankruptcy Software Supports VBA Industry

Icon Written by Victoria Ring on October 3, 2009 – 5:29 pm

Frederick Roglevy, the attorney developer for New Hope Software, is the first company to acknowledge the VBA industry. Because of this, I believe that as VBAs and attorneys, we should support New Hope and recommend it to others.
Frederick Roglevy has demonstrated his support for our VBA industry by:
1.  Developing software that incorporates the needs of [...]



New Bankruptcy Bill Just Released by Senate

Icon Written by Victoria Ring on August 23, 2009 – 2:54 am

Prior to recessing, Senator Whitehouse (Democrat-Rhode Island) introduced S. 1624, designed to amend Title 11 of the Bankruptcy Code to provide protection for medical debt homeowners; to restore bankruptcy protections for individuals experiencing economic distress while serving as caregivers to ill, injured or disabled family members; and to exempt debtors whose financial problems were caused [...]



Update on VBA Intern Program

Icon Written by Victoria Ring on July 20, 2009 – 9:20 pm

First of all, allow me to congratulate all the people who have been working hard to pass the VBA Exam and the Chapter 13 Concepts Exam in an effort to enter our VBA Intern Program. Several people are in various stages of the Exam process and we will continue adding Interns as the workload [...]



Update to Spanish Client Intake Forms

Icon Written by Victoria Ring on July 8, 2009 – 1:21 am

The Spanish Intake Forms have been updated. We added the 2 Page List of Documents that clients need to bring with them when they return the Client Intake Forms. This list was translated into Spanish and added to the BACK.
If you would like to update the FREE forms that you may be using, download the [...]