Archived
When buying a vacation home in Florida can I put in the title my adult children?. What are the pros and cons of this action?
Lewis's answer
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Answered on June 06, 2014
This is way too fact specific for anyone here to give general advice.
First off, does your son even want it in his name?
What happens if your...
Archived
What recourse do I have? Am I still liable for loan? Will they foreclose or put a lien on me?
Lewis's answer
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Answered on June 06, 2014
You are not liable for the loan if you did not reaffirm. BOA does not have to report anything other than $0 balance, discharged in...
Archived
Can I get an equity line of credit on my home if I did not reaffirm the debt in my chapter 7 bankruptcy?
Lewis's answer
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Answered on June 05, 2014
You should look into whether you can reopen your chapter 7 to strip the second mortgage.
Archived
Can my wages be garnished if there is still a balence on my home, its in forclosure and its only worth 99000.00 but i owe 145
Lewis's answer
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Answered on June 05, 2014
See my recent blog post about a company who does chase deficiencies after the foreclosure is...
Archived
If a lis pendens was filed and dismissed does the statue of limitations start from the dismissal date?
Lewis's answer
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Answered on May 29, 2014
No. According to a new appeals court decision, every month you don't make a payment starts a new 5 year statute of limitations.
Archived
I filed for chapter 7
Lewis's answer
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Answered on May 28, 2014
What is your question? (avvo requires a longer response, but not sure what else to ask)
Archived
What is the minimum amount of medical debt that can be incurred before being sued?
Lewis's answer
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Answered on May 27, 2014
There is no such thing as a floor amount. If the creditor thinks it is wise to sue when you haven't paid, it will make that business decision at...
Archived
I had ch 7 in nov. of 2009. my mortgage was included. bank took almost 4 years to foreclose. but they gave me loan modification.
Lewis's answer
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Answered on May 22, 2014
If you did not sign a reaffirmation agreement during the chapter 7, then you are not back on the hook even by signing the modification.
But...
Archived
Can a company sign a contract to settle my 2nd mortgage and then renege with no refund?
Lewis's answer
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Answered on May 20, 2014
Sounds like a scam outfit took your money and ran.
Archived
Do U handle Bk questions?
Lewis's answer
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Answered on May 16, 2014
I'm betting that you probably would be better suited for chapter 7 or chapter 13. Chapter 11 for individuals is fairly rare.
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