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My mom wants to sell her home to me, it has a reverse mortgage of $298,000, so my wife and I can build a new home there.
Herbert's answer
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Answered on December 01, 2016
This is not a legal question.
There are many types of lenders. A small bank or credit union may be much more flexible than a national bank and...
Archived
What is the procedure. Can I get out of a reverse mortgage without penalty?
Herbert's answer
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Answered on December 01, 2016
This is not a foreclosure question. I think this is a question that should be placed to a mortgage broker as you may wish to weigh different...
Archived
What legal protection is there for not being responsible for money owed in a home foreclosure?
Herbert's answer
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Answered on November 29, 2016
You may wish to consider to threaten and then file a divorce action. The probate court can force him to cooperate. Also, I have worked with a...
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Car not reaffirmed or repossessed during bankruptcy. Now a total loss due to accident. Does my settlement offer go to the bank?
Herbert's answer
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Answered on November 27, 2016
The bank has a lien which has to be satisfied. I suggest you call a manager at the bank and see if you pursue the claim, they will give you a...
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Consultation for lottery winning
Herbert's answer
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Answered on November 27, 2016
Make sure the attorney has some background in helping sellers like you and have no relationship with peachtree. I have helped several sellers...
Archived
I filed bankruptcy May 13, 2008 can I file again?
Herbert's answer
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Answered on November 27, 2016
Assuming all other criteria are met, you can file. The question is if you can file a chapter 7 where you do not pay anything to creditors or...
Archived
What do I do I'm living in a house that is under foreclosure
Herbert's answer
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Answered on November 22, 2016
You should immediately contact a local avvo rated attorney to explore your options which include but not limited to you and/or your mom exploring...
Archived
Will my landlord w/ whom I have a lease be notified that I've filed for ch. 7 bankruptcy even if I don't owe him any money?
Herbert's answer
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Answered on November 08, 2016
Your landlord will get notice.The lease is a contract so you owe the whole amount on the lease even if you paid that months rent. I have filed over...
Archived
Why wont lawyer use my credit card monthly payments on husbands bankruptcy?
Herbert's answer
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Answered on November 01, 2016
As already explained, the bankruptcy court wants to know how your money is spent. The credit card can be used only on Sunday to buy needed items at...
Archived
Can I sell my car in the middle of a Ch. 13?
Herbert's answer
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Answered on October 21, 2016
I am sorry but you are required to notify the court of new assets. I strongly suggest you consult with counsel and figure out the best course. I am...