[Bankruptcyfilter] YANML...speaking in hypotheticals only. Exempt furniture / wildcard exemption vs security interest of creditor in same said furniture with a UCC Security Agreement. Does the furniture get an exemption? Or does the furniture get Repossesed via Foreclosure of Security Interest in Personal Property? Furniture was just pledged as collateral...never was sold or belonged to the creditor. How is this determined... by the Bankruptcy Trustees discretion, or by law?
posted by Muirwylde on Nov 5, 2009 - 6 answers

MERS mortgage avoidance: huh? [more inside]
posted by maxwelton on Jun 30, 2009 - 6 answers

Do people actually lose their homes to pay for health care in the US, or is this an urban myth? [more inside]
posted by WinnipegDragon on Jun 24, 2009 - 39 answers

Financial pundits and politicos keep repeating the mantra that "toxic" mortgages can't be renegotiated because the mortgages were sold off, split up into a thousand pieces, and fragmented as part of the whole process of creating mortgage-backed securities. My question is, why doesn't that same logic also hold true in reverse when a foreclosure occurs (i.e., if we don't know who owns it, how can anyone foreclose on it)? [more inside]
posted by webhund on Mar 9, 2009 - 13 answers

Why are we so focused on the construction of new homes? [more inside]
posted by nax on Feb 18, 2009 - 14 answers

Question about yard signs (not of a political scope). The house across from mine went into foreclosure a while back. A few days ago a for sale sign went up. Now it is a billboard. [more inside]
posted by jeribus on Oct 16, 2008 - 9 answers