Archived
I am in the process of closing on my house with a short sale in place but BOA did not give me anyting in writing to set me free
Lewis's answer
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Answered on October 27, 2010
Just because they issue a 1099 does not mean they cannot pursue the deficiency claim then correct the previously issued 1099.
This is why short...
Archived
How long after confirmation of chapter 13 bankruptcy can I stay in my home.
Lewis's answer
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Answered on October 27, 2010
Just because you surrender in chapter 13 does not mean you lose the house right away.
The lender would then have to get permission in bankruptcy...
Archived
Can I File Chapter 7 Bankruptcy and Still Fight a Foreclosure?
Lewis's answer
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Answered on October 26, 2010
Surrendering in bankruptcy does not preclude you from asserting your rights in the state court foreclosure action. You are free to fight it.
Archived
Removing a Judgement that is not yours.
Lewis's answer
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Answered on October 22, 2010
Palisades/AT&T has to validate the debt or it cannot remain on your credit report.
Send a dispute - certified mail, return receipt - to...
Archived
Charge off Balance, after Short sale
Lewis's answer
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Answered on October 21, 2010
If it was your primary residence, you may qualify under the Debt Forgiveness Act to not be liable for any 1099 that the lender may issue.
But,...
Archived
Can you lienstrip a 2nd Mort (equity) in Florida filing chptr 7 after discharged?
Lewis's answer
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Answered on October 21, 2010
With the current state of lien stripping in chapter 13, you need to receive a discharge in chapter 13 for the lien to be removed.
Therefore, you...
Archived
Can you refinance 1st & 2nd mortgages into one after bankrupcty is discharged?
Lewis's answer
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Answered on October 21, 2010
You got lucky that you did NOT reaffirm - since you are now having troubles paying the second mortgage.
On your credit report, the second...
Archived
Condo got flooded by the condo next door, it is owned by a bank and in foreclosure for 2 yr, can i sue?
Lewis's answer
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Answered on October 20, 2010
Verify the owner filed bankruptcy and WHEN they filed bankruptcy.
If the leak happened after they filed, the debt is post-petition and is not...
Archived
Can a debtor revoke your drivers license for non payment of judgement in a non criminal auto negligence judgement?
Lewis's answer
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Answered on October 20, 2010
It sounds like you didn't have auto insurance? If so, your license can be suspended.
They are threatening to have your license suspended if you...
Archived
I am in need of cash and cutting expenses My ex would like to buy 1/2 interest in my house for our son How can we do this
Lewis's answer
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Answered on October 19, 2010
You might want to look into a reverse mortgage as well.
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