Does the Washington State Department of Financial Institutions Sell Licenses?
May 04, 2011
DOES THE DEPARTMENT OF FINANCIAL INSTITUTIONS SELL LICENSES?
Regular interactions with the Department of Financial Institutions ("DFI") and the assistant Attorney Generals who represent them at admi...
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Can Equitable Relief Be Obtained within Five Days of a Trustee Sale in Washington?
Apr 21, 2011
The legislature can limit the judiciary's equitable powers. The superior court has original jurisdiction in all cases in equity. Const. art. IV, sec. 6. Its inherent powers encompass all the powers of ...
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Those Using a False Social Security Number Are Subject to Having Their Filing Dismissed and Possibly Worse.
Apr 05, 2011
It is considered an "extraordinary privilege" to discharge debts in bankruptcy. The privilege is intended to be reserved for the "honest but unfortunate debtor." The courts have uniformly recognized ...
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Valuing Real Property In Bankruptcy
Mar 21, 2011
May a debtor may deduct "costs of sale" when valuating property upon bankruptcy filing?
A frequent question that comes up when dealing with clients interested in filing bankruptcy is whether the cos...
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Bankruptcy Filings Are On The Rise Again!
Mar 07, 2011
Congress overhauled the Bankruptcy Code in 2005 to reduce the number of consumers and businesses filing for bankruptcy. However, Bankruptcies have increased each fiscal year since 2005. While a "mere...
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When Can Your Landlord Ask You to Move?
Mar 07, 2011
We had a call last week from a woman in south Pierce County who is being evicted by her landlord. She began having financial troubles last fall and had to pay her rent late for a couple months. When J...
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Lack of Good Faith In Filing Bankruptcies to Prevent Foreclosure of a Home
Mar 07, 2011
Bankruptcy filings can be a useful tool in preventing foreclosures, but there are limits. The automatic stay that is imposed once bankruptcy is filed stops a trustee sale. However, three important th...
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Ftc Takes Action against Loan Modification Fraud
Mar 07, 2011
New Law Aimed at Stopping Loan Modification Fraud Has Mixed Effect.
A rule by the Federal Trade Commission came into effect February 1 that may have a huge impact on for-profit loan modification busine...
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Property Exemptions in Washington Bankruptcies
Mar 07, 2011
Property Exemptions in Bankruptcy
If you are thinking about filing bankruptcy, you should have a good understanding of what protection you can get for your property. The bankruptcy process offers debt...
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