What happens to my condo's mortgage after HOA Foreclosure? When the Bank forecloses? How do these affect bankruptcy afterward?
Peter's answer
|
Answered on July 28, 2013
You need to speak with an attorney and evaluate your total financial picture. I'm unclear from reading your question whether your top goal is to...
Archived
Can a bank legally require financial information and tax information for short sale after owner discharged Chap 7?
Peter's answer
|
Answered on July 28, 2013
The first thing you need to do is check your case docket. If you did not reaffirm either mortgage during the case, you don't have any liability on...
Archived
Do I have to dismiss the Garnishment on Wages ?
Peter's answer
|
Answered on July 05, 2013
The procedure for fighting a garnishment is to file a traverse of the garnishment in the county that issued that ordered the garnishment. If the...
Archived
I filed Chapter 7 in 2002 and my second mortgage debt was included.
Peter's answer
|
Answered on July 05, 2013
As the others have stated, yes, the bank can foreclose because it still retains its lien; however, unless the home is worth a good bit more than...
Archived
If I file a Chapter 7 with my wife and our home has no equity, can we use the wildcard exemptions to shield $11,000 in cash?
Peter's answer
|
Answered on July 05, 2013
Don't forget that you might need to use the wildcard for other areas- perhaps for a tax refund that is owed to you but not yet paid, or excess...
My reaffirmation agreement was missing a signature.
Peter's answer
|
Answered on July 05, 2013
I agree in part with the previous responses, but believe we are missing information to entirely answer this question with accuracy. Some of the...
Selected as the best answer
Archived
Is there anything I can do about my chapter 7 case that just closed a month ago?
Peter's answer
|
Answered on July 28, 2012
A chapter 13 might be an option for you. The good news is this will most likely allow you to get a plan confirmed where you repay your creditors...
Archived
Drowing in debt and I need some relief ASAP!
Peter's answer
|
Answered on July 28, 2012
Even though you have a large monthly debt burden between the car and the student loans, it is very possible that a bankruptcy will not help you...
Archived
Chp-7 I want to Motion to Compel Abandonment of Property, many rentals Cost? its been 10 months!
Peter's answer
|
Answered on September 21, 2011
Bear in mind that while the rental properties have no equity, the trustee might be keeping the case open for an entirely different reason. For...
Archived
What happens after my 2nd mortgage has been charged off by the bank? I am going to file chapter 7 to get rid of credit card debt
Peter's answer
|
Answered on September 21, 2011
Yes, the lien will sit there until removed. Unless you reaffirm the first mortgage (doing so would almost certainly be a bad idea), the same thing...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained