From the category archives:

Bankruptcy Articles

Wrongful Foreclosure Cases in California

January 13, 2012

ISSUE:             Many Californians in default on their mortgage and facing foreclosure have filed quiet title and wrongful foreclosure actions. What is a quiet title action against a lender, and are plaintiffs successful in California? BRIEF ANSWER:                                                                                                                      A quiet title action in California to determine the owner of property does not generally allow a [...]

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The McMillan Law Group is a Navy Friendly Business

August 15, 2011

The McMillan Law Group was recently named a “Navy Friendly Business”. The McMillan Law Group is proud of our servicemen and women and the job they do. We are thrilled to be named a Navy Friendly business and look forward to continuing our representation of both active duty and veteran personnell. You can see our [...]

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McMillan Law Group has moved to Liberty Station

July 22, 2011

The McMillan Law Group is proud to be part of the Liberty Station Development. We are located at the corner of Historic Decatur and Roosevelt Road in the heart of Liberty Station Point Loma next to the Flag.

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Second Mortgage Lien Holders Barred from Pursuing Borrowers after agreeing to Short Sale

July 20, 2011

Senate Bill 458 has passed and now provides that a second mortgage lien holder who agrees to a short sale of the property over which they hold a lien, can no longer pursue the Borrower for the deficiency. What we expect to see is fewer Short Sale Approvals. If the Borrower is or was considering [...]

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Small Business Bankruptcy

July 19, 2011

In the state of California, when a business is shutting down, the Secretary of State requires that an officer of the Corporation sign on to be responsible for the debts of the company. This leaves many small business owners wondering what is the point? The answer to this problem is to place a defunct business [...]

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What is the effect of a Bankruptcy Filing on My Security Clearance

July 15, 2011

Active duty military persons and defense industry people are often required to have a security clearance for their jobs. Many of these people fear that if they file for bankruptcy, they will lose that clearance, and accordingly their position or rank. More often than not these people are in debt, behind on a mortgage or [...]

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Remove Second Mortgage Lien

July 15, 2011

When considering whether or not to remove the lien over a residence held by a 2nd mortgage or HELOC, there are several important factors to consider. In order to remove the second lien, the house or residence must appraise at a value that is less than the value of the lien held by the first [...]

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Who is MERS?

June 9, 2011

California and Federal Courts have been battling with the Conundrum of who is MERS and what rights if any does MERS have to Foreclose on a Consumer’s home. The Mortgage Electronic Registration System, “MERS” was created in 1995. It is a private registry that tracks more than 65 million home mortgages nationwide. It is incorporated [...]

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Homeowner fights back and Forecloses on Bank of America

June 8, 2011

Collier County, Florida — Have you heard the one about a homeowner foreclosing on a bank? Well, it has happened in Florida and involves a North Carolina based bank. Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff’s deputies foreclose on the bank. It started five months ago when Bank [...]

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Osama Bin Laden is dead

May 2, 2011

In recognition of the determination, grit and highly dangerous work performed by our men and women in uniform in bringing about the demise of this hated enemy of America, the McMillan Law Group will offer a 50% reduction in fees to all active and veteran military persons during the month of May.

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