Archived
I was wondering what i could do to get pout of my house that i am upside down in and get into one more affordable
John's answer
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Answered on September 20, 2011
The question is too complicated to answer in depth. Bankruptcy, short sale, deed in lieu, etc, all effect your credit which, assuming you can...
Archived
What is the effect of filing a Chapter 7 BK on an ongoing lawsuit?
John's answer
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Answered on September 20, 2011
The lawsuit will be stayed by the filing of a bankruptcy. If the debt or underlying claim is dischargeable it will end the lawsuit. If not, the...
Archived
Negotiating a Deed in Lieu without a Financial Hardship
John's answer
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Answered on September 20, 2011
The chances are very low. First, for the mortgage company to recover the property through a deed in lieu it would have to be convinced it is the...
Is a person eligible to file for Chapter 7 Bankruptcy if they haven't filed a tax return in several years?
John's answer
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Answered on September 20, 2011
I agree with my colleague. However, the implication in your question is that you are required to file taxes but have not done so. The answer is...
Archived
What do you put in a written response to a Notice of Motion & Hearing for a bankruptcy Amendment.
John's answer
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Answered on September 19, 2011
I am sorry but your explanation is all over the place. What complaint are you talking about refiling. The first paragraph only mentions a proof of...
Archived
How do I file a Class Action suit?
John's answer
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Answered on September 19, 2011
I agree with my colleague. While you have mentioned your own problem with IndyMac you didn't make mention of why it would be a class action. ...
Archived
Recently divorced with a morgage, exwife wants the house, how do i walk away owing nothing?
John's answer
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Answered on September 19, 2011
As my colleague pointed out, the mortgage company is not party to your divorce. The only way to get yourself off the mortgage is your wife...
Archived
Bankruptcy chapter 7. Want to file. Owe money for home improvement pavers. Mechanic's lien? UCC? please explain if dischargeable
John's answer
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Answered on September 19, 2011
The voluntary lien, mechanics lien, or UCC filing would be recorded at the same office as the deed to your house. It can either be at the city or...
Archived
Who owns mortgage note on a PSA Trust- mbs?
John's answer
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Answered on September 19, 2011
MBS undoubtedly stands for "Mortgage Backed Security". You loan is a loan bundled together for sale. Wachovia is just the servicing agent. The...
Archived
What does a Motion for a 2004 Examination by US Attorney mean?
John's answer
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Answered on September 19, 2011
The U.S. Attorney's office represents the interests of the federal government and it's many branches and agencies. You may mean the Office of the...
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