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No longer is it viewed as an easy way out of debt, said Maria Sanchez, a debt counselor with Credit Counseling of Arkansas. Housing Counsel: Deducting Interest When You Are Not on Title... to the property. In Uslu v IRS, the following facts were presented to the Court. Uslu had filed for Chapter 7 Bankruptcy relief and was not eligible to obtain a mortgage loan. His brother bought the house, in which the only occupants were Uslu and ... Former lieutenant governor's appeal of conviction moves slowly... of securities fraud, former lieutenant governor and comptroller general Earle Morris Jr. remains free while his attorneys appeal his conviction. One key element of his appeal is whether Morris, one-time chairman of the failed Carolina Investors ... Bankruptcy filings plummetA year after sweeping bankruptcy reforms sent a flood of filers to court- houses across the nation, the number of personal bankruptcies filed remains well below average. 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