Attorney Melchionne testifies before General Assembly on Foreclosures

Yesterday, Attorney Melchionne testified before the joint House and Senate Housing Committee on two proposals to revise current foreclosure procedures in the court and to help protect homeowners from foreclosure. The current foreclosure crisis has deepened in Connecticut in response to the failed sub-prime mortgage market and the resulting tightening of home lending policies. Attorney Melchionne's testimony was well-received by the committee members who had many questions about the foreclosure process. In closing his comments on the two bills, Attorney Melchionne stated, "This is not about the sub-prime mortgage market or declining values in real estate. These acts are aimed at protecting Connecticut families from forces that threaten to further rip them apart. Any action this committee takes will be a step towards preserving our neighborhoods, our towns and most importantly our family units." You can find his full statement to the General Assembly here.

Attorney Melchionne named Super Lawyer for Northeast States in 2008

Law & Politics, a national attorney-led research team, in conjunction with Connecticut Magazine, has named Eugene S. Melchionne of Waterbury as one of the 2008 Connecticut “Super Lawyers.” This is the second time that Melchionne has received this prestigious award.

Super Lawyers is a comprehensive and diverse listing of outstanding attorneys, representing a wide range of practice areas, firm sizes and geographic locations. Only 5 percent of the lawyers in each state or region are named Super Lawyers. Law & Politics performs the polling, research and selection of Super Lawyers in a process designed to identify lawyers who have attained a high degree of peer recognition and professional achievement. Find the Press Release
here.

Attorney Melchionne cited in Article on Intellectual Property in Bankruptcy

Attorney Melchionne was cited in an article appearing in the Illinois State Bar Association Journal in the December 2007 issue. In an article entitled "Securing and collecting Intellectual Property Collateral", Attorney Daniel Kegan cited to Attorney Melchionne's knowledge in bankruptcy issues. You can find a reprint of the article here.

Attorney Melchionne joins Committee to propose Foreclosure Revisions

Attorney Melchionne has joined a group of consumer lawyers concerned with the current state of Connecticut law on foreclosures. As a result of several meetings and discussions, the group has drafted two proposals. They are House Bill No. 5552, Act Concerning Procedures in the Foreclosure of Residential Premises and Senate Bill No. 347, Act concerning Homeowners Protection. The first would result in substantial change in the foreclosure process requiring a lender to give notices to a borrower in plain language that a foreclosure is beginning which could result in the loss of a home. Other requirements would include loan workouts and court sponsored mediation as well as mandatory document production to provide proof of the lenders ownership of the loan before getting judgment. The second proposal would allow a Superior Court to fashion a repayment plan to allow homeowners a chance to reinstate their mortgage through a modification. The bills will come up for a hearing in the legisature in February.

Attorney Melchionne attends NACBA sessions on Bankruptcy Litigation

The National Association of Consumer Bankruptcy Attorneys (NACBA) held its first Fall Workshop concentrating on mortgage foreclosures and bankruptcy litigation. Attorney Melchionne attended this two day seminar along with approximately 700 additional NACBA members. There were additional sessions on Fair Debt Collection Practices and Technology in the Law Office. Featured speakers included Max Gardner of the Bankruptcy Boot Camp.