Foreclosure investing is big business. Everyone from individual investors to hedge fund managers find that the real estate market looks to be a very good place to put capital for the long haul. Given that real estate prices are falling and rents are rising, investors getting in the market now are getting great long-term deals.

So what do investors need to know about foreclosure investing? We’ll cover it all below!

Foreclosure Investing 101

It’s important to know that foreclosures are homes that have been repossessed by the bank because the borrower did not keep up with his or her mortgage. Ban

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With Tax season upon us, the question on the minds of potential bankruptcy filers is, “How do we keep our tax refund after filing?” Some people opt to spend their tax refund outright.  The problem with this strategy is that when a person or couple files for chapter 7 or chapter 13, their possessions are absorbed into the trust estate to pay for their debts.  Frankly, it doesn’t make sense to make a purchase today only to have it taken away tomorrow.  A word of caution: if you spend your tax refund on luxury items or vacations, pay off a credit card or other unsecured debt, or use it to repay a friend or family member, you may trigger an objection from the trustee, and you will be required to surrender your tax refund, even if you have already spent the money.

Others may attempt to file their taxes after filing bankruptcy, mistakenly thinking that if the tax returns are filed after bankruptcy, they dont need to be included in the bankruptcy petition.  This also becomes a problem because the money from a tax return will count as income in the estate and will be taken once again.  Bankruptcy trustees are aware when debtors are owed a refund and will require debtors to surrender it. Tax refunds n

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According to the Birmingham Business Journal, foreclosure filings in the U.S. have decreased by 25 percent over the past 6 months.

Furthermore, looking at comparing the first 6 months of 2011 to the first 6 months of 2010, the country has experienced a 29 percent drop in foreclosure filings.

Foreclosure data was complied in RealtyTrac’s Midyear 2011 Foreclosure Market Report.  So far this year, 1,170,420 properties in the U.S. have received foreclosure filings.  T

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Joan Osborne was found by her daughter lying on a dirty bed covered wiith feces. The investigstion found that the California Nursing Home failed to report severely infected bedsores. Ms. Osborne died of sepsis due to an ecoli infection as a result of her feces getting into her wounds.

She had a horrific bedsore on her lower back and was unable to answer questions other than to say she was in pain. Unfortunately, she died a horrific death two days later.

By the time that Osborne was taken to the hospital doctors said she was suffering from dehydration, malnutrition, and a bedsore also known as a pressure sore and decubitus ulcers.

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