McLeod Law Offices

After taking many months learning and understanding HAMP and how it works (and in many cases doesn’t), and after sitting through (and tweeting through) the President’s State of the Union Speech, I am admittedly still mulling it all over.  Some tout the speech as the longest in President Obama’s career.  Others are debating the propriety of the Nation’s Chief Executive chastising the Supreme Court in the House Chamber.  Yet despite its length, its controversies and its platitudes, the word “foreclosure” was not used once.  And that should be incredibly disheartening for any homeowner concerned about losing their home.  As an insolvency professional who works with homeowners in financial crisis, it was for me. (more…)