{"id":889,"date":"2010-03-31T18:49:22","date_gmt":"2010-03-31T18:49:22","guid":{"rendered":"https:\/\/nybankruptcy.net\/main\/?p=889"},"modified":"2019-05-07T08:52:06","modified_gmt":"2019-05-07T08:52:06","slug":"brooklyn-bankruptcy-update-03-31-10","status":"publish","type":"post","link":"https:\/\/nybankruptcy.net\/main\/brooklyn-bankruptcy-update-03-31-10\/","title":{"rendered":"Brooklyn Bankruptcy Update 03.31.10"},"content":{"rendered":"<p>Time for another edition of <a href=\"http:\/\/en.wordpress.com\/tag\/brooklyn-bankruptcy-update\/\"><strong>Brooklyn Bankruptcy Update<\/strong><\/a>, a look at the latest Bankruptcy news and happenings out of the County of Kings (aka Brooklyn).<\/p>\n<p><a href=\"http:\/\/newyork.realestaterama.com\/2010\/03\/29\/mayor-bloomberg-announces-new-nyc-service-initiative-to-provide-free-legal-services-to-homeowners-in-danger-of-foreclosure-ID01027.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>1.&nbsp; Mayor Bloomberg Announces New NYC Service Initiative to Provide Free Legal Services to Homeowners in Danger of Foreclosure<\/strong><\/a> (<em>RealEstateRama.com<\/em>)<\/p>\n<p style=\"padding-left: 30px;\">&#8220;A new <em>NYC Service<\/em> initiative to provide free legal support for New Yorkers at risk of losing their homes to foreclosure.&nbsp; The program will increase the availability and effectiveness of free legal representation for those facing foreclosure by training and dispatching 300 volunteer attorneys to expand legal services provided by non-profit organizations.&#8221;<\/p>\n<p><strong>2.&nbsp; Brooklyn man pleads guilty to foreclosure scam in Bergenfield, Paterson<\/strong> (<em>NorthJersey.com<\/em>)<\/p>\n<p style=\"padding-left: 30px;\">&#8220;Garth Celestine, 44, pleaded guilty to conspiracy to commit wire fraud for his role as the co-owner of Home Savers Consulting Corp., a now-defunct company based in Brooklyn and Long Island, the U.S. Attorney\u2019s office in Newark said.&#8221;<\/p>\n<p style=\"padding-left: 30px;\">Celestine was running a well-worn foreclosure scam.&nbsp; What was the scam?&nbsp; They would find homeowners facing foreclosure and convince them to transfer title to a third-party &#8220;buyer&#8221; for 6 months to a year.&nbsp; During that time, the homeowners were told they&#8217;d be able to get a loan at a better rate and then buy the home back.&nbsp; What happened, however, is that the homeowners lost their home and Celestine and his partners would take the new loan money and deposit it in their own bank account.<\/p>\n<p style=\"padding-left: 30px;\">Government authorities are starting to crack down on these scams more, but new ones and new versions of the scams are always popping up.&nbsp; Your best route is to consult with a trusted bankruptcy attorney before making a move in desperation.&nbsp; A good New York bankruptcy attorney can always help you devise an appropriate strategy, even on short notice.<\/p>\n<p><a href=\"http:\/\/www.utexas.edu\/news\/2010\/03\/26\/law_bankruptcy_moot_court\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>3.&nbsp; Law School Students Win Top Honors at Duberstein National Bankruptcy Moot Court Competition<\/strong><\/a><\/p>\n<p style=\"padding-left: 30px;\">Most people outside of the bankruptcy world don&#8217;t realize that the bankruptcy world equivalent of March Madness happens every year in downtown Brooklyn.&nbsp; Yes, I&#8217;m talking about the <a href=\"http:\/\/www.stjohns.edu\/law\/center-bankruptcy-studies\/duberstein-moot-court-competition\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Conrad B. Duberstein National Bankruptcy Moot Court Competition<\/strong><\/a>, which pits moot court teams from law schools all around the country against each other in a national competition.<\/p>\n<p style=\"padding-left: 30px;\">The quarter-finals, semi-finals and finals take place each March right here at <strong>271 Cadman Plaza<\/strong>, home of the <strong>U.S. Bankruptcy Court&#8217;s Eastern District<\/strong>.&nbsp; Approximately two dozen bankruptcy judges from around the U.S. serve as judges for the final rounds of this prestigious competition.&nbsp; (And yours truly served as a judge in the first round!)&nbsp; Though this year&#8217;s competition had a particularly Texas flavor as teams from the University of Texas Law School took both first and second place. (<em><span style=\"text-decoration: underline;\">Note<\/span>:&nbsp; Just want to point out that UT&#8217;s victory should not in itself be construed as a sufficient reason to move to Texas to file for bankruptcy.<\/em>)<\/p>\n<p>If you\u2019re considering filing for bankruptcy in Brooklyn and need a good Brooklyn bankruptcy attorney, please contact me to discuss and get the full benefit of the bankruptcy laws.<\/p>\n<h2 style=\"text-align: center;\">Contact Bruce Weiner, Esq.<\/h2>\n<p><strong><a href=\"http:\/\/www.nybankruptcy.net\/main\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">EMAIL Bruce Weiner<\/a><\/strong><br \/>\n<strong>Phone<\/strong><br \/>\n(718) 855-6840 (Local)<br \/>\n(866) 402-8476 (Toll Free)<br \/>\n<strong>Fax<\/strong> (718) 625-1966<\/p>\n<p><em>Go to <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;bankruptcy Lawyer Brooklyn NY&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}\"><a href=\"https:\/\/nybankruptcy.net\/main\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>bankruptcy Lawyer Brooklyn NY<\/strong><\/a>&nbsp;<\/span><\/em><em>t<\/em><em>o learn more about <a href=\"http:\/\/www.nybankruptcy.net\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Rosenberg Musso &amp; Weiner LLP<\/strong><\/a> and\/or to set up a free consultation.<\/em><\/p>\n<p><center><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time for another edition of Brooklyn Bankruptcy Update, a look at the latest Bankruptcy news and happenings out of the County of Kings (aka Brooklyn). 1.&nbsp; Mayor Bloomberg Announces New NYC Service Initiative to Provide Free Legal Services to Homeowners in Danger of Foreclosure (RealEstateRama.com) &#8220;A new NYC Service initiative to provide free legal support &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/nybankruptcy.net\/main\/brooklyn-bankruptcy-update-03-31-10\/\"> <span class=\"screen-reader-text\">Brooklyn Bankruptcy Update 03.31.10<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[16,7,10,27],"tags":[2,21,32,11,54,15,51,52,28,35,55],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - 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