Archived
Is it true that if a file is in active review for a modification with the lender, that foreclosure process is on hold?
George's answer
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Answered on May 27, 2010
When a person is represented by an attorney in a matter, another attorney may not speak to that person about the matter. I suggest that you...
Archived
Should bankrupcy be done before foreclosure?
George's answer
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Answered on May 19, 2010
I have been advising debtors to file for Chapter 7 before the foreclosure to discharge any balance owing after the foreclosure. I recommend this...
Archived
Do I really need an attorney if I want to let my house go foreclosure?
George's answer
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Answered on May 13, 2010
No, you don't need an attorney if you are planning on just giving up the house. You might consider a deed-in-lieu to speed things up, and that...
Archived
How do I respond to a summons on a Foreclosure suit on a Reverse Mortgage secured by my Father who has passed away last year?
George's answer
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Answered on May 11, 2010
Typically a reverse mortgage would become due and payable upon the death of the mortgagor (borrower). The family would usually have a period of...
Archived
In CT is the lender permitted the to get a deficiency judgment? If, so how does it work or its process?
George's answer
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Answered on May 10, 2010
Connecticut law allows the lender to obtain a deficiency judgment which can be enforced against other assets of the debtor for up to 20 years...
Archived
If I do not get an attorney to represent me and I choose not to save my condo how long would I have before I have to move out.
George's answer
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Answered on May 10, 2010
Typically the lender will not begin foreclosure until you are about 120 days past due. After that, if you basically ignore everything and you have...
Archived
Should I buy a house (as frist time home buyer) before getting married since fiance has a foreclosure?
George's answer
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Answered on May 10, 2010
Whether or not you are married will not affect your ability to buy a home as a first time home buyer. You can apply in your own name and take...
Archived
Can my boyfriend's foreclosure on his condo affect me (when married) to buy a house solely under my name?
George's answer
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Answered on May 09, 2010
If you were never a borrower on the loan the foreclosure will have no effect on your credit score. As for the time a foreclosure will take that...
Archived
I live in CT and have 50K in credit card debt. I need to know what the annual $ amt for a singe person to clam bk?
George's answer
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Answered on May 05, 2010
The limit for the "short form" means test is $58,321.00, but that only means that if you make less than that you are presumed to qualify with not...
Archived
Connecticut Attorney refuses to send itemized bill, including payment information, after 2 requests via fax.
George's answer
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Answered on May 05, 2010
I would send a letter to the attorney requesting the information and indicating that a failure to respond will force you to seek redress with the...
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