Molleur Law Blog

Comprehensive Foreclosure Defense

Posted on 01/10/2011 at 11:00 am | Viewed 1,568 times

Molleur Law offers comprehensive foreclosure defense to Maine homeowners.  Whether you are on the verge of foreclosure or a foreclosure law suit has been filed against you in court, we can help you review what options you may have and determine which option may be the best for you.   As part of our comprehensive

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Maine Court Finds Affidavit Filed in Bad Faith and Vacates Summary Judgment Order in Foreclosure

Posted on 10/01/2010 at 02:51 pm | Viewed 1,907 times

Read the order here:

• Four Motions Order.pdf

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Supreme Court Decides Two Cases

Posted on 06/28/2010 at 12:00 am | Viewed 1,505 times

The U.S. Supreme Court recently issued several decisions in consumer bankruptcy court cases.

Each case addressed an issue that divided the circuit courts across the country. In the case of Schwab v. Reilly, the Supreme Court held that where a debtor claims a certain dollar exemption in property, the exemption is limited to the

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Recent Supreme Court decisions

Posted on 03/26/2010 at 12:00 am | Viewed 1,179 times

There have been several important US Supreme Court decisions recently. The first is Milavetz v. United States in which the Supreme Court ruled that debtors’ bankruptcy counsel are “debt relief agencies”. The Bankruptcy Code requires debt relief agencies to provide certain

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Chapter 13 Debt Limits to Adjust on April 1, 2010

Posted on 03/26/2010 at 12:00 am | Viewed 1,286 times

On April 1, 2010, the debt limits in Chapter 13 will upwardly adjust. Sometimes a bar to Chapter 13, these new debt limits may make filing Chapter 13 now possible where the same debtor may have had to file an individual Chapter 11 cases.

Every three years (11 U.S.C. §104), the Bankruptcy Code increases the debt limits in

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The Effects of Foreclosure on Credit Score

Posted on 03/26/2010 at 12:00 am | Viewed 1,182 times

Consumers frequently ask about the damage done to their credit scores if a bank forecloses. There are lots of opinions available regarding the answer to this question. Often the answer depends on who you ask.

We frequently hear reports from clients who have been told that a short sale or a deed in lieu is better for credit purposes than

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Process of an Individual Chapter 11 Case

Posted on 02/27/2010 at 05:58 pm | Viewed 1,867 times

Individuals who file Chapter 11 experience the reorganization bankruptcy system in ways that are similar to corporations that file Chapter 11, but are also similar to individuals who reorganize in Chapter 13. If individuals want or need to reorganize their finances, and have more than $336,900 in unsecured debt or $1,010,650 of secured

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Process of a Chapter 12 Bankruptcy Case

Posted on 02/26/2010 at 05:57 pm | Viewed 1,071 times

Chapter 12 is the reorganization chapter in the Bankruptcy Code for family farmers or family fishermen. The Code defines a "family farmer" as an individual or entity (corporation, LLC) that has less than $3,544,525 of total debt (secured and unsecured), with not less than 50% of the debt (excluding the principal residence) related to the

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Adequate Protection of Cash Collateral In Chapter 11

Posted on 02/26/2010 at 12:00 am | Viewed 1,810 times

Section 363(a) of the Bankruptcy Code provides the definition of cash collateral. Cash collateral is defined by section 363 to

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Molleur admitted to US Supreme Court

Posted on 01/27/2010 at 12:00 am | Viewed 975 times

On January 25,2010, James Molleur was admitted to the Bar of the United Stated Supreme Court in a ceremony in the Supreme Court courtroom in Washington DC. The admission was coordinated with the admission of over 30 attorneys from the National Association of Consumer Bankruptcy Attorneys (NACBA).  Molleur is now permitted to argue

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