by lojct admin | Nov 17, 2025 | Bankruptcy, Motions for Relief
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 is one of the most significant changes to modern bankruptcy law. When Congress passed BAPCPA, the goal was to prevent misuse of the bankruptcy system, increase financial accountability, and reduce the...
by lojct admin | Nov 13, 2025 | Foreclosure
Timing is one of the most misunderstood parts of the foreclosure process. Many creditors, servicers, and even experienced professionals rely on assumptions about how long it takes to complete a foreclosure. Some expect a quick turnaround after default. Others assume...
by lojct admin | Nov 7, 2025 | Bankruptcy, Eviction
When a tenant files for bankruptcy, it can instantly complicate an eviction process that was otherwise moving forward. Suddenly, the timeline stalls, legal procedures shift, and landlords must navigate federal bankruptcy laws that often override state eviction rights....
by lojct admin | Nov 4, 2025 | Bankruptcy, Foreclosure
When a property goes through foreclosure and is sold, most creditors assume the process is complete. However, the legal landscape after a foreclosure sale can still hold complications, particularly when redemption rights come into play. Redemption rights allow...
by lojct admin | Oct 30, 2025 | Foreclosure
When a borrower defaults on a mortgage, the lender has the right to foreclose on the property to recover the balance of the loan. However, foreclosure does not always satisfy the full amount owed. If the sale of the property brings in less than the remaining loan...
by lojct admin | Oct 24, 2025 | Bankruptcy, Litigation
When a debtor files for bankruptcy, every transaction that occurred in the months leading up to the filing is subject to scrutiny. The court and the bankruptcy trustee are tasked with determining whether any of those transactions unfairly benefited one creditor over...
by lojct admin | Oct 16, 2025 | Bankruptcy, Litigation
When a borrower files for bankruptcy, the creditor’s right to collect on debts can become complex and uncertain. For secured creditors, the key question is how to protect their collateral—the asset that secures repayment—through the bankruptcy process. Whether the...
by lojct admin | Oct 11, 2025 | Bankruptcy, Litigation
Bankruptcy is often viewed as a last resort when a business faces mounting debt, cash flow problems, or unmanageable litigation. But for business debtors, bankruptcy is not simply an admission of defeat. It can serve as a strategic mechanism to preserve value,...
by lojct admin | Oct 7, 2025 | Bankruptcy, Litigation, Loss Mitigation
Bankruptcy is one of the most significant legal processes a creditor may face when dealing with a debtor who cannot meet financial obligations. For creditors, understanding the different types of bankruptcy filings is not only helpful but necessary to protect rights,...
by lojct admin | Sep 30, 2025 | Bankruptcy, Litigation, Loss Mitigation
When a borrower files for bankruptcy, creditors must often navigate a complex process to determine how much of their claim will ultimately be repaid. One of the most important steps in that process is ensuring the proper valuation of collateral. Whether the collateral...
