The New York Times had an important front page story yesterday in regard to debt modification or debt settlement agencies. These for profit companies take large fees upfront while making extravagant promises as to what they can do for you.  Most of the time, people end up being sued for their debts or foreclosure and end up with nothing for the fees and aggravation.  A licensed attorney can help you with defending against lawsuits, negotiating settlements or a bankruptcy filing. Contrary to w...
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Last week, the New York Times ran a piece discussing how efforts to keep people in their homes by restructuring mortgages were not only failing but detrimental to those people who really should just move out and move on.  This might actually be true to an extent, though the Times primary concern was of course with the state of the banking system (who cares about people when Chase's bottom line is at stake). 

Today, however, in discussing New York City's commercial real estate market, the Times...
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