Molleur Law Blog

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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

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

Maine Court Foreclosure Diversion Program

Posted on 07/13/2010 at 12:00 am | Viewed 1,736 times

The Maine Legislature recently passed a law that allows homeowners in foreclosure to attend a mediation session with their lenders in an attempt to find a resolution to the foreclosure action.

The purpose of the program is to assist homeowners and lenders in finding a joint solution to the foreclosure action at the beginning of the

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

The Trouble With Loan Modifications....

Posted on 12/04/2009 at 12:00 am | Viewed 827 times

The majority of our clients have a great amount of difficulty trying to work with their mortgage servicers to determine whether or not they qualify for a loan modification.  They are shuffled from one department to another, told contradictory information, and after submitting their information have to deal with the servicer claiming it

Stark Succeeds in Class Action Litigation

Posted on 07/07/2009 at 12:00 am | Viewed 875 times

Andrea Stark, working with the lawfirm of Roddy and Klein, in Boston Massachusetts, recently succeeded in defeating a motion to dismiss a class action lawsuit filed on behalf of debtors refinancing their homes who were overcharged by title insurance companies for title insurance.  The case of Campbell v. First American Title Insurance Co.

Mandatory Mediation in Foreclosure

Posted on 06/12/2009 at 12:00 am | Viewed 674 times

The Maine Legislature recently passed LD 1418 on an emergency basis, requiring mortgagees to participate in mediation prior to seeking a foreclosure judgment.  The new law requires mortgagees to notify homeowners of the availability of mediation and loan modifications when sending default notices and at the commencement of a foreclosure

House Passes Loan Modification

Posted on 03/07/2009 at 12:00 am | Viewed 635 times

The U.S. House of Representatives recently passed its version of the "Helping Families Save Their Homes Act of 2009".  The legislation must now go to the U.S. Senate for passage and then the House and Senate versions of the law must be reconciled before the law is presented to the President for his signature.

The House version of

NACBA Report on Loan Modifications

Posted on 01/31/2009 at 12:00 am | Viewed 619 times

The National Association of Consumer Bankruptcy Attorneys (NACBA) has issued a press release which provides evidence that loan modifications are not effectively working for many homeowners.  NACBA's research shows that more than half of homeowners in financial distress are not being helped by loan modifications and those that are helped

Loan Modifications in Chapter 13

Posted on 01/06/2009 at 12:00 am | Viewed 730 times

Mortgage companies understand that they need to be more reasonable with borrowers in financial trouble.  Many mortgage companies are willing to agree to loan modifications which alter the interest rate of loans and incorporating missed mortgage payments into the mortgage loan, provided that the borrower meet certain financial

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