Archived
I have recieved foreclosure papers I am named in them and my ex-wife who is not on the mortgage or the Title to the property ?
John's answer
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Answered on August 06, 2017
Your ex-wife is named due to a potential property interest she may have that also must be "foreclosed" for the bank to take back clear title. If...
Can lender make up living expense for debt to income and not tell me the required DTI % they require to be approved?
John's answer
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Answered on August 06, 2017
Most lenders have an internal procedure for appealing a refinance decision, but ultimately you have little in the way of recourse. The lender's...
Can lender make up living expense for debt to income and not tell me the required DTI % they require to be approved?
John's answer
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Answered on August 06, 2017
Most lenders have an internal procedure for appealing a refinance decision, but ultimately you have little in the way of recourse. The lender's...
Archived
Is NYS IRS legally bound to keep payment deferment agreements? How can IRS seize my account before 1 yr deferment agreements up?
John's answer
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Answered on October 22, 2016
You should make some phone calls to see if you can work out the IRS seizure. Call the collection personnel at IRS and explain the situation.
Archived
Why am I being asked to pay all of my restitution if its joint and several. My case is federal and I have codefendent
John's answer
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Answered on October 22, 2016
Nate sums it up. Joint and several means each person individually has 100% of the liability responsibility, but gets credit for amounts actually...
Archived
Unpaid sales tax why
John's answer
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Answered on October 22, 2016
I agree with the previous answers. You would have needed to comply with the Bulk Sales Act to be protected. Now, the lien will stay on the property.
Archived
How is a purchaser of a foreclosure sale reimbursed if the sale is deemed void and cancelled?
John's answer
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Answered on September 05, 2016
A seller does not receive compensation when the sale is voided.
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Archived
Should I continue to pay rent to my landlord if the property has gone into foreclosure?
John's answer
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Answered on September 05, 2016
You must continue to pay him rent for now. If you receive a note from a receiver or someone who has taken over the property rights, at that point,...
Archived
Illegal foreclosure/eviction?
John's answer
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Answered on September 05, 2016
The laws pertaining to Condo Association Fees are very harsh. The New Jersey Condominium Act, N.J.S.A. § 46:8B-1, et. seq. (the “Act”) makes Condo...
Archived
As a tenant, under the law, are you still required to pay rent to the landlord if the rent is under foreclosure/preforclosure?
John's answer
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Answered on September 05, 2016
You should abide by the lease. It is legally binding against you. At some point, it is likely that a receiver will be appointed and/or the bank...
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