I don't want to pay my mortgage and want to into short sale or foreclosure

I am very sorry to hear about your loss. As to your home - unfortunately, you cannot force the bank to foreclose. If you are still interested...

How likely would it be for a lender to settle in federal court?

Lenders often settle after a lawsuit has been filed against them, but it will depend on your financial circumstances. For example, if you do not...

Chapter 7 mortgage loan account is added back to my credit report

First thing is to dispute the reporting to the credit reporting agencies that are showing it on your credit. Also send a letter of dispute to the...

Garnishment Summons for 120k for a second mortgage, self employed, they are asking for 11k monthly. They were awarded a judgment

When court is scheduled for a garnishment summons, the hearing is usually to raise exemptions from the garnishment. One of those in this case may...

Bank of America initiated Foreclosure process then the loan is sold to US Bank. Now what happens to the current foreclosure?

The most that will likely happen is that US Bank will file corrective affidavits in the foreclosure action. The affidavits will need to be...

Tax liability after short sale/foreclosure with prior bankruptcy?

There will be no liability if your house is foreclosed on. Because you included both mortgages in your bankruptcy, they are both discharged and you...

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Commercial property was foreclosed on and bank changed locks without notice and before the sale was ratified. Is this legal?

Generally, the rules protecting owners of foreclosed properties apply to residential properties. In your scenario, the bank should seek possession...

What is a quite title in Virginia?

Quiet title is a type of claim you can make against your lender to challenge its authority to foreclose. This claim can be used as leverage...

Children are assuming a VA loan on my home and mortgage company requires a deed to them I will still have liability for mortgage

You will need your lender's permission to remove you from the mortgage. Even if you deed the property to your children, that does not eliminate...

Should my lease be amended if the original agreement has changed?

An agreement is amended only to the extent specified and as agreed to by both parties. So, if your entire lease was changed to 5 years, then you...