One of 5 on a deed have a life estate will that protect it if I bankrupt?

Regardless of how the court would view the life estate deed, you don't want to file bk for a $1000 debt. Settle it. You should be able to negotiate...

Is chapter 7 best for eliminating deficiencies on first and second mortgage?

Chapter 7 would allow you to surrender the home and be free of any amounts owed on the mortgages. You do have to make sure you qualify for a...

Current home in foreclosure as a part of our Ch.7 (discharged),can we take a 401K disbursement to purchase another home?

This should not be a problem. Your liability for the mortgage was discharged. The bank is barred from collecting from you. Also, at this point, you...

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In MD. are both parties that co-signed for a vehicle still responsible if the judge awards the vehicle to one in a divorce?

Unfortunately, the answer is 'yes'. A divorce decree cannot in itself change the terms of a loan agreement. If your ex was required to pay the...

I am one of 4 siblings. Our father passed away mid 2012. . He was a widow since 1979. My siblings and myself range in age from

This is a very typical scenario. However, the naming of the PR in a Will isn't as troubling as your brother seems to believe it is. The Estate is...

Bank of America has changed the locks on my home that we no longer occupy. We have not been foreclosed on, Is this legal.

Typically there is a provision in the loan documents that will allow the bank to access the home in order to preserve it, which typically involves...

I believe I need to file bankruptcy, but I'm not sure I qualify?

Most likely, you would qualify for bankruptcy. The question is whether it would be a Chapter 7 or Chapter 13. Which one can depend on many...

Any negative marks the mortgage company would make on your credit report would have been made at the time of discharge. Most likely it would be...

Do I need a foreclosure lawyer or a bankruptcy lawyer?

It would depend on your particular circumstances with the mortgage company (such as whether you believe errors have been made on the part of the...

In a foreclosure is there any recourse once a sale date is issued?

Chapter 13 Bankruptcy will stop the foreclosure, so long as it is filed prior to the auction. The Chapter 13 can give you up to five years to pay...