« Vote on Tuesday | Main | Surprise!!! You've Earned a Discharge AND a Foreclosure »

Webcast on Foreclosure Crisis

posted by Katie Porter

The Cleveland City Council is webcasting a foreclosure forum on Wednesday February 27th from 10am-1pm. Here's the link to watch. The event is timed to coincide with the visits of the Presidential candidates and national media to Ohio. Senator Obama is sending adviser and law professor, Mark Alexander, and Senator Clinton's representative will be Fred Hochberg. McCain has not yet identified who, if anyone, will attend. The foreclosure situation in Cuyahoga County may be the worst in nation, or certainly is a leading contender for that sad distinction. The city is taking some novel approaches, as I learned from Prof. Creola Johnson's presentation at a symposium on Subprime Foreclosures at the University of Utah College of Law earlier this week. I was particularly interested in the problem of abandoned properties, and the practice of many lenders to not file deeds after purchasing a property at a foreclosure sale. That practice makes it very difficult for the city to figure out who is responsible for the upkeep on abandoned properties. The speakers at the Forum will include Cleveland Mayor Jackson, County Treasurer Jim Rokakis, Housing Court Judge Ray Pianka and several community organizations.


The comments to this entry are closed.


Current Guests

Follow Us On Twitter

Like Us on Facebook

  • Like Us on Facebook

    By "Liking" us on Facebook, you will receive excerpts of our posts in your Facebook news feed. (If you change your mind, you can undo it later.) Note that this is different than "Liking" our Facebook page, although a "Like" in either place will get you Credit Slips post on your Facebook news feed.



  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless ([email protected]) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.