Altamonte Springs, FL
Bankruptcy and debt Lawyer at Altamonte Springs, FL
Practice Areas: Bankruptcy & Debt, Consumer Protection
If you are the same person who posted about stripping the second mortgage, I strongly suggest you sit down with a bankruptcy attorney before...
The home is exempt anyway. But there is no equity because you owe more on both mortgages than the property is worth.
.... Because the bankruptcy was your best option. Orlando bankruptcy court has a wildly successful mortgage mediation program. At about 75%...
So it sounds like they committed bankruptcy fraud by hiding an asset? Not sure why, since a homestead property is fully protected in bankruptcy.
Easier to ask the questions all in one posting, since they are intertwined. Yes, it can be reported as a judgment. The foreclosure will be in...
You appear to be off the hook. They can only foreclose and not pursue any deficiency.
Technically it is at risk, because it it not your homestead... yet. The bigger issue may be the student loans garnishing your wages and/or tax...
I would say that HOAs are getting more aggressive. Even without equity, they may foreclose to get you out and rent the home to someone to recoup...
The lender could force place insurance (which is wildly expensive) and make you pay for it. They are entitled to insurance to protect the home...
You keep sending payments to the trustee as scheduled. Usually there is no hearing at the end of the 36 months.
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