I have a corporation. The business is retail business.

No. Your shares have to be valued and you need to include them in schedule B, however, as is the case with most small businesses, if the owner...

Foreclosure

Normally the foreclosure only pays the first mortgage. If there are funds in excess of what goes to the 1st, the second mortgage gets them. If...

My mom died and my house is in foreclosure.

My condolences. You should find an estate attorney who may be able to stop the sale so the estate can be administered. You cannot appear in the...

That is up to the SBA. You need to go to a bank t get a loan that the SBA would gaurantee. If you can get the money from a bank in this climate...

Could you tell me if the bank has to provide the original promissory note and the original mortgage deed of trust to foreclose?

They SHOULD produce the originals but the verified filed copies will be enough for the purpose of the ssuit.

Assignment Needed ?

Yes. If there is no subrogation or assignment of rights they are not the proper party plaintiff. They have to prove they are the proper party and...

If the HOA gets a judgment in court, can they garnish my wages?

Yes. They can garnish your wages if they get a judgment. The first thing you need to do if and when you get sued is file an Answer. The...

What can a trustee or mortgage co. do during a 60 day hold on a foreclosure file by Freddie Mac?

They can still foreclose but they would have to give you notice of the sale. They probably won't because Freddie Mac is a semi private/wholly...

We did a loan modification & we stiil aren't going to be ablle to pay it is bankrupty right for us?

Yes. It sounds like bankruptcy may be the way to get a fresh start. Keep living in the house until they throw you out. When you file...

Listing auto lease on schedule G of chapter 7 petition. I want to keep the lease. What does it mean when it asks Lease Assumed?

If you want to keep the lease check the "assumed" box. You must elect to assume or reject within 45 days from the day you file.