2nd mortgage releasing lien- what does this mean

This is great news. The two mortgages are two separate loans even if from the same lender. "Forgiven, releasing lien" means that the second...

DO NOT LISTEN TO OUT-OF-STATE LAWYERS FOR THIS QUESTION. Since four months have passed, you now can demand an immediate pickup of the car or...

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When your primary residence is foreclosed upon, is the HELOC still collectible as a secondary lien holder?

Yes. HELOC, like all mortgages, is owed by the individual. When foreclosure takes place, that removes the land from being a possible source of...

I co signed a student loan for my son 8 years ago i have not had contact with him since and now i am getting letters demanding

This is very likely a private, non-federal student loan. It's a game-changer from all the previous advice. There are defenses to present in court...

An unlisted debt is not discharged in Massachusetts or other states covered by the First Circuit (PR + New England except CT & VT). Nasty...

Can my husband file for bankruptcy even after we are married? All of his debt was accrued before we got married.

I join my colleagues in advising that your husband can file despite your marriage BUT . . . 1. The taxes need to be three years past their...

Here's an answer from a Massachusetts lawyer. Private student lenders cannot garnish pensions or Social Security. Period. They can garnish...

Can I make a counter offer to my banks modification?

You can expect to pay 31% of your total gross income to your mortgage. TIf you already are, you're out of luck except for some special...

Foreclosed on home in NH 2008 now live in MA, which state does the statue of limitations apply for deficiency?

Settlement Does Not Protect You. NH law Applies Even If sued In ma.

I have a student loan debt which is now coming up due for payment. If i dont repay will it have impact on my 401K accounts.

Federal student loans do not YET have offset rights against a 401(k) retirement plan as they do against tax refunds and Social Security benefits. ...