In this video, Attorney Michael Faro discusses Chapter 7 or liquidation bankruptcy. Attorney Faro discusses property exemptions and how the bankruptcy trustee will review exemptions and convert non-exempt property into cash.
The Foreclosure Process
Attorney Mike Faro clears up confusion about the foreclosure process, talks about default, your rights as a homeowner and saving your property through bankruptcy.
Default and Acceleration
Melbourne Bankruptcy Attorney Mike Faro explains how a homeowner can go into default and how a bank may accelerate a loan.
What is a mortgage?
Attorney Mike Faro explains what a mortgage and promissory note are.