Posts

Showing posts from October, 2020
Image
  13 Halloween Movies With Bankruptcy Themes Consumers waiting on student loan relief and a second stimulus package? Can we all agree that Halloween is the holiday with the best collection of movies?   Perhaps due to plots which often focus on personal choices and challenges amidst unusual tension, many horror movies put me in mind of issues frequently encountered in consumer bankruptcy cases.   Here are 13 for your consideration: A Nightmare on Elm Street ­­– During the COVID-19 pandemic many mortgage companies have suspended monthly payments. This has been a welcome respite for many homeowners facing unemployment or reduced income.   However, the payment suspension will not be indefinite.   In many cases the suspended payments will be coming due in full at the end of the suspension period.   Homeowners who are not able to make the payments will be in default under the loan documents when the forbearance periods end and could face foreclosure.   A widespread housing crisis is a nigh