The Consumer Financial Protection Bureau has finalized new mortgage servicing guidelines. These new guidelines, known as the 2021 Mortgage Servicing COVID-19 Rule, are designed to give homeowners who suffered hardship due to the pandemic a path to get back on […]
President’s Biden’s American Rescue Plan Act of 2021, put the repayment of federal student loans on pause, interest-free through the end of September for a total of 18 months. Over 44 million Americans have unpaid student loan debt totaling more […]
Clair Gjertsen & Weathers PLLC is proud to announce that Wendy Marie Weathers has once again beenrecognized for her experience in the field and has been invited to lecture on bankruptcy before fellowattorneys. Wendy will be presenting “The Means Test […]
With the foreclosure moratorium created by the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 expiring on August 31, 2021, a surge of Foreclosure Auction Sales will be coming. If you are at risk of losing your home, this […]
Court strikes down a challenge to hardship declaration. On May 4, 2021, Governor Cuomo extended the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020. This extension acts to prolong the moratorium on foreclosures and evictions until August 31, 2021, […]
Bankruptcy can be a means for a fresh start. We go through financial hurdles, whether it stems from job loss, foreclosure, divorce, injury, or illness. Sometimes, this accumulation of debt can leave you in a precarious position. If you are […]
What is a Loan Modification? In its simplest form, a modification is a change to your existing mortgage. Many homeowners turn to the modification process when they have fallen behind on their payments. Modifying your mortgage can help you avoid […]
In response to the COVID-19 Pandemic, the Center for Disease Control (“CDC”) ordered a nationwide moratorium on residential evictions through June 30, 2021. With no ability to recover properties from non-paying tenants, landlords from across the nation filed numerous lawsuits […]
What is a mortgage forbearance and how does it work? If you are suffering a financial hardship and do not have enough money to make your mortgage payment, you could be eligible for a mortgage forbearance. A forbearance is a […]
On May 4, 2021, Governor Cuomo extended the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020. This extension would extend the moratorium on residential and commercial evictions, as well as residential and commercial foreclosure proceedings until August 31, 2021. […]