The fundamental thing to understand is that if your mortgage was not taken out with a local bank or credit union there is no longer a "bank" or "lener" involved with your mortgage.
The only role that the "bank" now occupies is that of a bill collector on behalf of a securitized trust that purportedly owns your loan
Because the entity that foreclosed on your right of redemption "purchased" your property, you could seek to challenge the legality of the foreclosure under the strict...
There is no "bank" that owns your loan, as it has been "securitized".
In your case the "bank" is merely a debt collector (mortgage servicer) who has been given complete autonomy to conduct the foreclosure process for either a disclosed or undisclosed business securitized trust in which the rights to receive your mo thy mortgage payment were sold in the form if bonds to large institutional investors.
So you would need to contact the latest cockroach debt collector mortgage servicer, but...
You should challenge their "standing" I guarantee that these people do not "own" the debt,or if soit was [ushased for pennies credit card debt was "securitized".
Also challenge themas a non-real party in interest under Rule17..
Best of luck
i could only imagine one entity that fits the description you gave, its name is the first name of a very famous home fun hitter for the Minnesota Twins a long time ago
You would think that's a conflict, but this same entity also owns a title company ans has signatory authority to assign mortgages to clients it performs foreclosure prosecutions for...the long answer would be yes, but apparently no one has seemed to care at this point, however Id bring this to someone's attention
I agree with my brothers comments, who answered previously.
I would like to reiterate that keeping a tenants security deposit (or any part thereof) is for DAMAGE to the premises, not cleaning.
In light of Massachusetts Court views toward the tenant's rights to the return of their security deposit, unless the carpets are extremely filthy, bordering on needing to be replaced, best practice would be to just chalk it up to a bad experience and move on.
Law Office of Glenn...
Your question is a very important one indeed.
In situations such as yours, mortgage servicers are likely to pile on excessive fees.
You would be wise to consult an attorney to review these alleged fees and costs, before paying them
Additionally, it would be well money spent to have an independent party review your loan under what is called a forensic loan audit (FLA).
In a FLA, the auditor review your mortgage to uncover any potential improprieties or even illegalities,...
I am licensed in Massachusetts as an attorney.
From my reading of your question, you are the former owner of a rental property that was foreclosed on, there was an auction of your property.
How do you know the new owner does not have title (paperwork) to the property?
Who had the locks changed on the doors, you or the tenants?
If you have further questions please check my website at www.foreclosuresinmass.com or contact me
I wish you the best of luck
Unfortunately, as of October 17, 2005, the new time limit for filing a new Chapter 7 is now eight (8) years from the discharge date of a previous "7" filing.
The time limit for a Chapter 13 is now four (4) years from the discharge date of a previous "7" and two(2) years from the discharge date of a previous "13".
If you have any further questions, or wish to discuss any possible alternatives please visit my website at www.foreclosuresinmass.com
It depends. I am assuming this house was the former marital home? What was the property division in your separation agreement? Who ultimately gets the home?
Most likely you both were awarded a percentage of the home's equity, (I am assuming you both were required to split the mortgage payment), and if so your ex would have rights to that percentage which would be compromised in a foreclosure.
I would review your divorce agreement as to the Court's decision about the ultimate disposition...
Contrary to Attorney Elben's answer, if the house is foreclosed on and the sale of the house results in a sale price that is less than the total amount of your mortgage the foreclosing entity could possibly seek to sue you personally for any deficiecy
When people think about "walking away" from their mortgage they many times do not consider this possibility
As to your general question, the fact that you inherit money really does not change anything, as they can't attach that inheritance,...