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Archive for Foreclosure

The Stress The Economy Is Putting On Our Legal System

by Ryan McKeen
A few weeks ago, I was talking to a probate court clerk. I was testifying as a witness in a will contest. I asked the clerk if the court is seeing an increase in such disputes. She said, “absolutely”.  She said in a given year the court would normally see between 4 and [...]

Save Connecticut’s Foreclosure Mediation Program

by Ryan McKeen
By all accounts, Connecticut’s foreclosure mediation program has been a success by helping to keep people in their homes. It has become a model program that was subsequently adopted by other states.
I was startled to read in last week’s CT Law Tribune that funding for the program may lapse come July.
This comes at [...]

Quick Thought On Foreclosure and Debt

by Ryan McKeen
It has been a busy week for me. Not a lot of time or energy to post. So I’m going to borrow from a conversation that I had earlier in the week:
“If you owe a bank a thousand dollars…they own you. If you owe a bank millions of dollars…you own them.”
For whatever reason, [...]

CT Properties In Foreclosure To Be Listed Online

by Ryan McKeen
I just got an invoice from the Hartford Courant to list a property that is in foreclosure.  The amount of the invoice $2777.48. That’s for one of those small ads you see in the Real Estate section of the Sunday Courant.  The $2777.48 is the price for one of those ads to run [...]

Foreclosure in Connecticut: A Sign Of The Times

Yesterday I did a title bring down on a bank owned property. That’s not the interesting part of the story.
Having looked through thousands of pages of land records in my life, it’s not uncommon to come across a bank owned property.
Usually, I see title in the name of “New Alliance” or “Enfield Federal Savings Bank” [...]

Fighting Back In Foreclosure

I like the underdog and I like good lawyering.
A few months ago, I was waiting for my case to be called on the foreclosure docket when I saw a lawyer fight back.
I’m not sure of the lawyer’s name or the name of the case but whoever he is – he pushed back against the tidal wave that [...]

Connecticut Foreclosure Statistics That I’d Like To Know

by Ryan C. McKeen
Foreclosures in Connecticut are on the rise and have been for sometime. I haven’t seen updated numbers from the Judicial Branch (which would be useful) but I don’t live under a rock either.
I’m not that interested in the overall numbers because I know they’re bad.
What I want to know is the length time between [...]

Explaining (in Part) The Decrease In Business Start Ups In Connecticut for 2008

by Ryan McKeen 1/29/2009
Yet even that number, economists said, may be just a cloud. The total number of businesses to start in Connecticut last year — 27,483 — is still 11 percent lower than the number of those that started up in 2007. The data were released Wednesday by Secretary of the State Susan Bysiewicz. [...]

A Boost for the Real Estate Market?

Recently, I’ve found myself repeating the phrase “it’s always darkest before dawn.”
Yesterday I was speaking with a town clerk. Town clerk’s offices across the state tell the tale of the boom and bust of the housing market in the state.  The clerk informed me that last year they had over 12,000 filings and this year [...]

What Would Property Tax Amnesty Mean For Purchasers Of Municipal Tax Liens?

Yesterday, the Hartford Courant ran this article about Governor Rell’s proposal for property tax amnesty.
According to the article, Governor Rell is proposing lifting the mandatory 18 percent penalty charged to property owners who are late on payment of their taxes. The theory being that this would provide municipalities much needed cash.
My question is what happens to lien [...]

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www.aconnecticutlawblog.com by Ryan C. McKeen, Esq. is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

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I'd like to thank you for reading this blog, my firm for supporting my blogging efforts, and my team of editors (my mom) for correcting some of my mistakes. I get a number of requests to add blogs to my blogroll. I have no problem doing this if I like your blog. By like I mean, I do not add links from ads that pose as blogs. Thanks again. I hope you enjoy my efforts.

 

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