Comments on: Prominent Foreclosure Prevention Guides Hide, Deceive and Scare Borrowers About Bankruptcy

By: Michael van Zalingen

Michael van Zalingen — Fri, 02 Jul 2010 16:21:11 +0000

Nice article. It is clear that there is one set of rules for servicers and another for homeowners. Servicers are only expected to do what’s in their self-interest. Homeowners, on the other hand, are expected to tough it out even to their own detriment. A temporary drop in credit score from strategic default is nothing compared to years of paying too much money on a mortgage that doesn’t make sense.

By: Ron Satija

Ron Satija — Mon, 08 Mar 2010 23:05:19 +0000

I too have linked to your post. Your blog is excellent. Thank you for doing this in addition to all your other work!

By: Gailyn Wink

Gailyn Wink — Mon, 12 Oct 2009 19:57:07 +0000

Great article! I linked to it on a blog post. http://tinyurl.com/yzs8bbr As a consumer bankruptcy attorney I am constantly amazed by the level of subterfuge used by banks to deceive consumers. They have it down to a science. Thank goodness for the law.

By: Why Are Banks So Scared of the Word Bankruptcy? | Wink and Wink, P.C.

Why Are Banks So Scared of the Word Bankruptcy? | Wink and Wink, P.C. — Mon, 12 Oct 2009 10:37:35 +0000

[...] excellent and well-researched article by Robert Doggett for the website ForeclosureBuzz.org takes a look at a number of foreclosure prevention guides [...]

By: Robert Doggett, Texas RioGrande Legal Aid

Robert Doggett, Texas RioGrande Legal Aid — Wed, 30 Sep 2009 16:55:41 +0000

It is always hard to balance very limited resources with overwhelming needs.

By: Maxwell's Hammer

Maxwell's Hammer — Thu, 24 Sep 2009 02:52:34 +0000

Why don’t more legal services funded organizations use bankruptcy as a tool? Or even have bankruptcy practice teams?

By: Task force censuring advice given to Texas homeowners facing foreclosure to protect lenders « Texas housers

Tue, 22 Sep 2009 15:25:46 +0000

[...] his blog, foreclosurebuzz.org, Doggett counters… Isn’t bankruptcy one of the very few real tools borrowers have to [...]

By: Can Filing Bankruptcy Help Me Keep My House? Michigan Mortgage Attorney

Can Filing Bankruptcy Help Me Keep My House? Michigan Mortgage Attorney — Tue, 22 Sep 2009 12:37:40 +0000

[...] Robert Doggett, on the ForeclosureBuzz.org blog, has examined many of the government and state agency guides on mortgage modification, and finds disturbing near unanimity in their opposition to bankruptcy as a remedy for mortgage default issues. [...]

By: Carey Ebert

Carey Ebert — Mon, 21 Sep 2009 22:00:27 +0000

I feel strongly that many of the publications fail to mention bankruptcy because they are without sufficient knowledge to suggest the positive or negative effects of bankruptcy. Further, the requirements imposed on anyone acting as a “debt relief agent” under the Bankruptcy Code are actually designed to discourage such advice.
Consumers do not fall behind on their mortgage just because they lost their job, had a medical condition or are going through a divorce. The typical consumer has numerous financial difficulties and the mortgage is merely one facet of their situation. Simply providing a loan modification or a temporary reprieve from payments will not solve their financial problems. Without discussing bankruptcy as an option, would be like a surgeon telling a cancer patient that the only course of treatment is Chemotherapy when surgery might be the best solution.

By: Robyn Brumbelow

Robyn Brumbelow — Mon, 21 Sep 2009 17:00:36 +0000

Using this brand of logic a bystander should never employ CPR on a person they see stop breathing because many never breath on their own again and all human beings will die eventually. These folks need to enlighten the American Heart Association!