Archived
What can I do to if I was forced a lender homeowners policy was placed when I had ins. Also who will pay for damages?
Thomas's answer
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Answered on September 27, 2010
You apparently have 2 insurance policies which can potentially respond to the loss. You need a TX insurance law attorney to determine which policy...
Archived
Mortgage modification
Thomas's answer
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Answered on September 27, 2010
Not sure why anyone would give my prior answer a "thumbs down" when a similar answer got a "thumbs up."
Some lenders consider a modification to...
Archived
After a foreclosers is done can they come after futrue assits ?
Thomas's answer
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Answered on September 27, 2010
The answer is "maybe" and it depends upon whether a deficiency judgment is obtained by the lender and how the additional property is titled.
You...
Archived
Non- compete agreement for a part time employee
Thomas's answer
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Answered on September 27, 2010
You need to take your agreement and review all of the facts and language with a PA employment lawyer who handles restrictive covenant issues. With...
Archived
I signed a "proposal" for a roofing company a few days ago. Is that the same as a binding contract?
Thomas's answer
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Answered on September 27, 2010
It is always best to give written notice and get written notice/confirmation that the contract is void due to failure of a condition (insurance co...
Archived
Can I protect my new business from personal debt collectors?
Thomas's answer
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Answered on September 27, 2010
With some planning and by following proper procedures, assets can be protected from personal creditors. It is always recommended that business...
Archived
Do you have to carry full coverage on your car if you have the title in your name even though you have a loan for it with hte ba
Thomas's answer
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Answered on September 27, 2010
Most auto loan lenders require that their interest is protected by full coverage on the vehicle until the loan is paid in full. Check your loan...
Archived
If I let investment property foreclose in florida can they come after me in my primary home?
Thomas's answer
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Answered on September 27, 2010
If the foreclosure results in a deficiency, the lender pursues a judgment for the deficiency, and the judgment attaches to the primary home,...
Archived
Corporations and LLCs for protection...
Thomas's answer
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Answered on September 27, 2010
Anybody can name an additional defendant, but it is up to the plaintiff to prove that personal liability is appropriate.
Often the corp/personal...
Archived
I own a 30yr fixed mortgage underwater by about 100,000.They say to go buy a new home and short sale on this one.
Thomas's answer
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Answered on September 27, 2010
The advice you're getting is based upon the notion that, if you short sell the current home or lose it to foreclosure, you may not be able to...
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