Jul 2007
Attorney Melchionne elected Vice President of Bankruptcy Law Network
Saturday, Jul 21 2007 Filed in:
What's New
The
Bankruptcy Law
Network,
a cooperative of reknown bankruptcy attorneys from around the
country have elected Attorney Melchionne as Vice President of their
organization. As Vice President, he will be responsible for
coordination of committees of members and assisting in
implementation of various internet technologies. The Bankruptcy Law
Network's website
contains
a wealth of bankruptcy knowledge written in simple terms for the
consumer. The site is updated daily with bits of bankruptcy
knowledge, tips and traps of filing for bankruptcy, the latest
court cases and observations on consumer credit and the perils of
debt collection.
Attorney Melchionne interviewed on Sub-Prime Mortgages
Thursday, Jul 12 2007 Filed in:
What's New
The
Connecticut Law Tribune called on Attorney Melchionne recently when
it was looking for opinions on the collapse of the sub-prime
mortgage market. Writer Douglas Malan was interested to hear that
many consumers are finding that their mortgage payments have
ballooned to more than 50 percent of their take-home pay after the
interest rate resets in the 2-year fixed, 28-year variable rate
mortgage loans. Foreclosures in Connecticut have nearly doubled in
recent months, with new cases filed in June increasing 87% over the
same period last year. To read a full version of the article,
click here.