Intersection between FCRA, Chapter 7, Mortgages, and Loan Modification

All attorneys working on mortgage related issues for post-bankruptcy clients need to know how the bankruptcy schedules, the statement of intent, and other matters in the bankruptcy process impact the rights of the Debtor post-discharge.  Furthermore, attorneys working on discharge cases need to understand the relationship between the bankruptcy filing and the Fair Credit Reporting Act (FCRA).

This webinar is geared to an intermediate and advanced level audience, who already have a basic knowledge of bankruptcy and FCRA.

What You Will Learn

• The pros/cons of reaffirming mortgages
• How to spot issues for clients with credit problems that have not affirmed mortgages
• Approaches to loan modifications under HAMP (GSE and Non-GSE loans) when mortgages have not been reaffirmed during bankruptcy
• Credit reporting and bankruptcy

Presenter

O. Max Gardner III, Esq. Max is recognized as one of the leading lawyers in America in the area of Predatory Mortgage Servicing and the standing of Mortgage Servicers in consumer bankruptcy cases. He has served as the Senior Law Clerk to the Chief Justice and Associate Justice to North Carolina Supreme Court, and has been the lead attorney in many landmark cases. Some of his most significant cases include Marshall v Spindale Savings & Loan, Stark v Crestar Mortgage, the Shelby Yarn Employees litigation, and Smith v First Union National Bank.  Gardner received his undergraduate degree from the University of North Carolina at Chapel Hill in 1969 and graduated with high honors from the UNC School of Law in 1974.

Moderator

Robert S. Sola is the founding member of Robert S. Sola, P.C., a consumer law firm based in Portland, Oregon.  He has been handling Fair Credit Reporting Act cases since 1996. Mr. Sola has obtained jury verdicts against all three major credit reporting agencies.  In 2002, he was lead counsel in Thomas v. Trans Union, where the jury awarded the consumer $5.3 million.  In 2007, he was co-counsel in Williams v. Equifax, which resulted in a judgment of $3.4 million.  Mr. Sola was named Trial Lawyer of the Year in 2003 by the National Association of Consumer Advocates.