LOS ANGELES BANKRUPTCY BLOG

Man Pleads Guilty in California Foreclosure Rescue Scam
Jan 25, 2012

California's foreclosure crisis has had thousands of owners of distressed properties and defaulted home loans struggling for help to keep foreclosure at bay. Unfortunately, this has fostered an environment that’s ripe for foreclosure rescue scams to thrive. One such scam in Southern California, which had been linked to a Texas man, has ended with his guilty plea. Continue Reading

Plans to Rent Foreclosed Homes Pick Up Traction
Dec 29, 2011

Several firms, including a few of those that were involved in triggering the housing crisis, have responded to requests from the U.S. government for proposals to rent out foreclosed properties in an effort to address the foreclosure crisis. Continue Reading

California Sees Steepest Drop in Foreclosures in Four Years
Aug 01, 2011

Truths About Foreclosure
Sep 28, 2010

The Los Angeles Times published an article earlier this year about the growing number of homeowners who are making the decision to surrender their home and let the lender foreclose, because their homes are worth so much less than the mortgages owed against them. Continue Reading