What will happen if I'll be unable to pay mortgage once?

If you cannot pay your mortgage, then the bank will likely commence with foreclosure proceedings. There are ways to avoid foreclosure, but they...

Notice of default

You might consider filing for Chapter 13 bankruptcy in order to catch up on your mortgage payments, or even modify your mortgage agreement through...

I am considering a divorce. We own a home. Can I stop paying half my mortgage because I have to find an apt. for myself?

If you are a named party with respect to your mortgage agreement, you are liable for making mortgage payments. Regardless of who is held...

Can I write a rebuttal to an attorney's statement after the hearing took place?

There's no harm in bringing your contentions to the Court's attention. Good luck with your case!

Unfair Debt Collection

Contact your bankruptcy attorney. If you did not file for bankruptcy via attorney, consider hiring one now. There are some attorneys in your area...

What is the 2 person income level we must be under to file chapter 7 bankruptcy in New York state.

The answer is going to depend upon a series of factors - too many to be elaborated upon in this forum. Even if you are over the standard median...

It depends upon the affirmative defense(s). If you were attempting to argue either that (i) the mortgage paperwork is flawed or (ii) the lender...

Is it a violation of bankruptcy discharge if mortgage company continues to mail letters re: possible foreclosure?

To a certain extent, the answer is "no." A judicial mortgage foreclosure is a necessary step in the process of a lender retaking real property,...

Can I keep the home I foreclose on in a machinist lean as settlement for the debt?

The answer is a firm "maybe" - it depends on whether there are other creditors involved and, if so, whether or not they will agree to these terms....

In the mail I received a 1099c cancellation of dept notice. That means I don't owe the debt any more, would that be correct?

Not exactly. I have run into this problem before... Common sense would dictate that the answer is "yes" but, for better or worse, the law does...