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Attorney Melchionne cited by Waterbury Republican-American on Foreclosures

gene@ctbankruptcy.com — 2009-10-16T17:26:16-04:00

Not surprised by the increase, Attorney Melchionne explained that many variable reate mortgages have not yet had their first rate resets which will result in "sticker shock" when payments increase by 50% or more. When coupled with rising unemployment, layoffs, and work cutbacks, foreclosures will increase putting further pressure on falling real estate prices.

Attorney Melchionne interviewed by CBS Evening News on Foreclosure Issues

gene@ctbankruptcy.com — 2009-10-09T23:43:29-04:00

Attorney Melchionne was intereviewed by the CBS Evening News along with his clients, Jeffery and Shari Lee, regarding the failure of mortgage modificiations in foreclosure. ... Somewhere between 10 to 12 million homes are expected to be foreclosed in the next two years and that the real estate market is unlikely to recover until 2013.

Attorney Melchionne elected President of Bankruptcy Law Network

gene@ctbankruptcy.com — 2009-06-01T17:34:41-04:00

Attorney Melchionne featured in Article on Foreclosures

gene@ctbankruptcy.com — 2008-10-08T15:30:09-04:00

Attorney Melchionne was featured in an article in the Waterbury American Republican on October 8, 2008 dealing with the mediation program in Connecticut on foreclosures. Although the program has only been in effect for three months, it is a dismal failure because only 3% of cases are successfully mediated into a modification of the mortgage and a new payment plan.

Attorney Melchionne is Speaker at NACBA Fall Workshop

gene@ctbankruptcy.com — 2008-10-03T15:24:29-04:00

Attorney Melchionne spoke to over 500 members of the National Association of Consumer Bankruptcy Attorneys today in Hilton Head, South Carolina. Speaking with Attorney Jay Fleischman of New York and Attorney Catherine Moran from California, the topic of office automation and organization was well-received.