We'll help you find the right solution for your needs
Does this sound like your topic?
They are trying to Garnish her SS payments and its not a Govt loan
i have been trying to work with my lender for more than 4 months now (BOA) but they have dropped me out of the modification program 2x, and I never even got to talk to my negotiator on either attempt.
Short sales often benefit a real estate broker, who receives a commission, and a bank, that maximizes its recovery and expedites its collection of same. Unless the homeowner gets a release of the remaining balance due to the bank, the homeowner rarely obtains a significant benefit from a short sale. If you can't afford the payments, even by reducing the interest rate to prevailing rates, you may want to live for free (without paying the mortgage or taxes) until the sheriff's sale. Depending upon the state, the foreclosure process can take a year or two. After the sheriff 's sale, use the money you saved to move to a rental.See question
My mom won a judgement on an x tenant. What are her options in collecting it? He doesn't own any property but he does work. The judgement is less than $2000.00
Once you obtain a judgment, you can obtain a court order requiring the defendant to produce documents, information and answer questions under oath with a court reporter present. Tax returns show whether the defendant owns real estate (property taxes are a deduction); where the defendant has bank accounts that pay interest (shown as interest income), and the defendant's annual income from employment and all other sources. Find out where the bank accounts are and arrange to have the sheriff levy or seize them. If there's sufficient funds in the account you'll get your money quicker than via a wage garnishment.See question
what are the ways that a person can settle a judgement?
Offer between 25 to 50% of the judgment amount, payable within 15 days. Negotiate from there.See question
can a default civil judgement be vacated and removed from credit report after payment in full.
Although the record of the judgment can be quickly eliminated shortly after paying the full amount, I believe that credit reporting agencies will continue to reflect that a judgment, albeit satisfied, was entered against you for up to 12 years after payment.See question
Does a civil judgment get removed from credit report seven years after it was entered by court or seven years from the from the date a person stopped paying his or her credit card bill?
I believe that Credit Reporting Agencies will reflect a judgment on your credit report until 12 years after you satisfy the judgment.See question