Melchionne Eugene S

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Eugene S. Melchionne,
designated as a Federal Debt Relief Agency by an Act of Congress and the President of the United States, has proudly assisted consumers seeking relief under the U.S. Bankruptcy Code for over 25 years.
President of the Bankruptcy Law Network

Connecticut State Chairman of the National Association of Consumer Bankruptcy Attorneys

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney in your specific jurisdiction for individual advice regarding your situation.Eugene S. MelchionneSeriously Outstandingonly 5% selected each yearvisit superlawyers.com

Attorney Melchionne helps to revive the Debt Podcast

Many years ago in the Dark Ages (2005), my friend and colleague, Bankruptcy Lawyer Jay Fleischman, started doing a podcast. Podcasting was new then, but listening to him every morning became the stimulation and entertainment that my son and I craved before heading off to school and work. We would talk about some of the tips and issues he would bring up and debate the pros and cons. Jay didnt really know me then, but one day he said something on the podcast that just required a quick email and a friendship was born.

Then one day, the podcast stopped. Well, we figured maybe Jay was sick, or busy, or on vacation, or... But a new episode never came. There was hole in our morning routine. TV didnt do it and the idiots on the morning radio shows didnt either. Eventually we settled on Ken Ray on the MacOS Ken podcast. (Yes, Im a Mac-head.) As good as that podcast is, something was still missing.

So in July, I approached Jay about reviving the Debt Podcast and he agreed if I would do it with him! Awesome! So I dug out the sound processing software and bought some new equipment. So far weve done 5 episodes and hope to get on a regular schedule of weekly episodes on Tuesdays. So check it out.

Attorney Melchionne cited by Waterbury Republican-American on Foreclosures

Friday, Oct 16 2009 Filed in: What's New
In response to continually increasing foreclosures, The WAterbury Republican-American newspaper called on Attorney Melchionne to comment. Not surprised by the increase, Attorney Melchionne explained that many variable rate 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. Read the story here.
Tags: foreclosure, variable rate loans, sub-prime

Attorney Melchionne interviewed by CBS Evening News on Foreclosure Issues

Friday, Oct 09 2009 Filed in: What's New
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. The interview was accompanied by a report by the Congressional Oversight Panel on the Federal Bailout headed by Harvard Professor Elizabeth Warren. The report reveals that modifications on mortgages in default are occurring slower than the number of mortgages falling into default. 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. View the video.
Tags: foreclosure, modification, bankruptcy

Attorney Melchionne elected President of Bankruptcy Law Network

Monday, Jun 01 2009 Filed in: What's New

Attorney Melchionne featured in Article on Foreclosures

Wednesday, Oct 08 2008 Filed in: Foreclosure, bankruptcy, mediation
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. The article can be found here.
Tags: What's New