This is the time of year when last year's taxes weigh heavily on the minds of many. For most of us, there is not much we can do at this point to change last year's tax picture, but it never hurts to consider how to manage affairs moving forward. The … [Read more...] about Avoid Unpleasant Springtime Tax Surprises
The Changing Dynamics in Short Sale Situations
A short sale is the sale of property for an amount less than what is owed to the lender whose loan is secured by that property. Because most promissory notes accelerate the balance of the loan upon sale of the collateral and because most purchasers would … [Read more...] about The Changing Dynamics in Short Sale Situations
Reaffirming Debts in Bankruptcy
Despite the drop in the number of Chapter 7 and Chapter 13 bankruptcy filings in 2011, the projections for 2012 are bleak. For creditors, that means continuing to navigate the rules in bankruptcy. Some debtors holding collateral will try and reaffirm … [Read more...] about Reaffirming Debts in Bankruptcy
Legislative Update: 2012 Senate Bill 1552 – Mandatory Mediation on Residential Trust Deeds
In its closing hours, the 2012 Oregon Legislative Assembly enacted Senate Bill 1552, which generally requires larger volume home lenders to enter into mediation with defaulting borrowers prior to commencing trust deed foreclosure by advertisement and … [Read more...] about Legislative Update: 2012 Senate Bill 1552 – Mandatory Mediation on Residential Trust Deeds
Recording Conversations in Anticipation of Divorce
Contested child custody cases are typically very emotionally charged. There are often heated conversations between the parties and, at times, these conversations may be recorded. While the memorialization of an abusive conversation is relevant and useful … [Read more...] about Recording Conversations in Anticipation of Divorce