Archived
The gentleman that owns my house has filed to have the stay lifted in my chapter 13 this Thursday stating that I haven't paid re
Mitchell's answer
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Answered on October 04, 2010
Lifting the stay just means that a case can proceed against you in state court. It will not be an eviction proceeding. If you have proof that you...
Archived
Can a 2nd mortgage holder file a 1099 against you?
Mitchell's answer
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Answered on October 02, 2010
If the property is your primary residence and the money was used to purchase or improve the house, then you will not be taxed on the debt...
Archived
Do I need an attorney now that I have been served w/ foreclosure papers?
Mitchell's answer
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Answered on October 02, 2010
You also need to know whether you can take any action your ex-husband in state court for the mortgage. Did he have any obligation to pay the...
Archived
How do I determine if my bank can identify the holder of my original mortgage w/o drawing unwanted attention from bank?
Mitchell's answer
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Answered on October 02, 2010
Send a Qualified Written Request under the Real Estate Settlement Procedures Act asking for account information and under the Truth in Lending Act...
Archived
How can I stop a foreclosure
Mitchell's answer
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Answered on October 02, 2010
If your name is not on the deed or the loan, then there is nothing you can do to stop a foreclosure. Only the owner can do something. If you can...
Archived
Being sued after a foreclosure
Mitchell's answer
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Answered on October 02, 2010
If the lender followed all requirements under state law to get a deficiency, then the lender can sue for its loss. If the lender forgives the money...
Archived
If the bank is asking for a forbearance
Mitchell's answer
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Answered on October 02, 2010
Read over any document before you sign and know what you are getting yourself into. If you do not understand the document, consult with a lawyer...
Archived
Am I in foreclosure? Do I need a lawyer, what kind?
Mitchell's answer
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Answered on October 02, 2010
Chapter 7 bankruptcy will not save your house, it will only delay a foreclosure. If you are behind and need help catching it up, Chapter 13 will...
Archived
Can our Son have his savings account taken in our Bankruptcy?
Mitchell's answer
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Answered on October 02, 2010
First, you need to know how the accounts are held. If either of you is listed as a custodian, then the money and the account are not yours. If you...
Archived
Chapter 7 & reaffirmation
Mitchell's answer
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Answered on October 02, 2010
You are not being punished for her bankruptcy. You cannot reaffirm any debts because you have not filed. Her obligations will be discharged to the...
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