Mortgages


Credit Reports & Mortgage Payments After Bankruptcy – Alabama Consumer Credit Attorney Judson E. Crump

“I filed bankruptcy a few years ago, but I kept my house and have made my mortgage payments.  Why isn’t my good payment history being reported on my credit reports?” A lot of consumers in Alabama have been noticing an unexpected problem with their credit reports after bankruptcy: their mortgage […]


VIDEO: Loan Modification Scam Litigation – Alabama Foreclosure Attorney Judson E. Crump

You can do something about it. You must take action as soon as you can if you think that you or someone you love has been ripped off by a loan mod scams. You have rights that you may not even know about.

These scams are all over the place. I’ve seen at least three separate outfits that have tried to screw my clients. Most of them seem to be located in Florida, for some reason, but if they’re doing business here, we can absolutely take them to court here.

Even if they have “successfully” obtained a loan modification for you, they still may be breaking the law and harming you (without your knowledge) by committing bank fraud on your behalf. This is serious stuff. If you’re currently paying monthly fees to a “loan mod specialist” who hasn’t obtained a loan modification for you yet, then you need to stop paying them ASAP and ask for a full and immediate refund.

See, they’re not allowed to charge you a dime up front. And they’re also not allowed to instruct you to quit paying your mortgage.

Please don’t fall for these guys! Some examples I’ve seen that break the MARS rule:

  • Ocean Legal Group
  • Fresh Start “law firm”
  • Pinepoint law group

Notice a pattern?  They all pretend to be lawyers, when they’re not.


VIDEO: Foreclosure Rescue Scams – Alabama Foreclosure Attorney Judson E Crump

Sale Leaseback Scams and Foreclosure Rescue Scams are two types of scams that are popular when housing markets are doing well. Why? Because they prey on struggling people who have a substantial amount of equity in their homes. Particularly old people.

They’re really evil, but you can absolutely do something about it, as long as you take action as soon as possible, preferably within a year.

If you have older relatives who have been screwed by these sorts of deals, it is important to gather all of the paperwork as quickly as you can and call a lawyer to fix the problem.


VIDEO: Do these people actually help you get a loan mod? Or are they just scams? Alabama Foreclosure Attorney Judson E. Crump

Answer: Most of them are scams. Here’s how you know: 1) They promise legal advice, or pseudo-legal advice. “Forensic audits” are a big keyword they like to use.

2) They promise to stop a foreclosure without bankruptcy, unless they’re very experienced lawyers located in your county. Why? You can’t stop a foreclosure without a bankruptcy or TRO in Alabama.

3) Up Front fees. Or advising you to quit paying your mortgage company and start paying them instead. Use common sense. Call a real lawyer.


How the Bankruptcy Courts Promote Bad Lawyering – Alabama Bankruptcy Lawyer Judson E. Crump 1

Bankruptcy Lawyers Get Paid More for Being Bad Lawyers I’m bound to catch some flack from my colleagues in the bankruptcy bar for this article, but if anyone out there has a valid rebuttal to my points, I’ll be the first one to welcome it.  Let’s face it: in the current […]


Can you stop a foreclosure in Alabama without filing bankruptcy? – Alabama Consumer Credit Attorney Judson E Crump 3

Rarely. I realize that there are a number of “law firms” from other states that claim to be able to stop or delay foreclosures without filing bankruptcy.  They are all scams. If you never listen to another word from a foreclosure lawyer, listen to this one: there are three ways to […]


How to assume a mortgage when the property owner dies (or divorces) – Alabama Consumer Credit Attorney Judson E Crump

When a property encumbered by a mortgage is transferred, most mortgages have a due-on-sale provision that requires you to pay off the entire loan.  This means that even if have the desire and ability to take over the mortgage payments, the bank can prevent you from doing that.  So you have […]


How to Cancel Private Mortgage Insurance (PMI) – Alabama Consumer Credit Attorney Judson E Crump 1

Private Mortgage Insurance (PMI, as it is affectionately abbreviated) is one of the many features of the “new” housing market.  For those of you who don’t know, PMI is basically an additional fee that is charged to a borrower who cannot afford to make a 10% or 20% down payment […]


How to Avoid Getting Defrauded by a Mortgage Company – Alabama Consumer Credit Attorney Judson E Crump

Sometimes mortgage servicers charge people money they don’t owe.  Yea, it happens.  Sometimes it happens by mistake.  Despite being huge, well-funded, and advised by hundreds of different corporate lawyers, mortgage servicers can and do screw up sometimes.  They may apply a payment to the wrong account.  They may charge you for […]