What can be done about the liablity if my wife doesnt have a job and we default?

If she is the only one on the note and she defaults, then foreclosure is next. There is a possibility of a deficiency judgment and collection...

If mortgage lender violated TILA on a rewritten mortgage, auctions home, is sale void after proving violation in court?

A TILA violation may make the mortgage voidable, but it is not void. If you do not take action before foreclosure, then your only rights are those...

Why me and my husband are on the forclousure papers if my husband only signed for the loan?

The lender wants to play it safe and cut off any rights that you might have. If you are not on the note, then the foreclosure should not appear on...

Can I keep refund of mortgage insurance after foreclosure is completed?

The mortgage insurance is supposed to pay off the mortgage if you default. For whatever reason, the insurance company refunded part of the premium...

Is it best to offer a deed in lieu of forclosure before missing any mortgage payments?

A deed in lieu only works if there is one mortgage (junior liens are not wiped out by a deed in lieu but are wiped out by a foreclosure). A deed in...

How do you find out if a lender obtained a deficiency judgment against us?

You should have been served with a complaint (or whatever your state calls it) informing you that you were being sued. You can do a search where...

Do I need a lawyer?

If you are the lender, be sure that the borrower has not filed bankruptcy before doing anything. If you are the borrower, contact an attorney...

Management company went bankrupt on property we owned; new mgmt company assigned by court couldn't pay bills; lender foreclosed.

The bankruptcy is a public filing easily accessible through PACER (Public Access to Court Electronic Records). Some bankruptcies are also available...

Can a bank put a lien on a separate piece of property after foreclosure of our house?

I like Mr. Gimer's answer. To elaborate, if one of you was on the loan for the first property and the other is on the loan for the second, then no...

If you are under 18, his actions violate federal law (even possessing nude photos of someone under 18 is a crime). However, if you are over 18 and...