Archived
Should I respond to a foreclosure summons served on my tenants if my lender has told me I am in the trial period of a loan mod?
Nicholas's answer
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Answered on February 14, 2013
I agree with the answers provided so far. You will likely be served in the future. When you are served, it is usually a good idea to file an...
Archived
Timed barred accounts/ statute of limitations
Nicholas's answer
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Answered on February 08, 2013
The statue of limitations for credit cards is likely 4 years but may be 5 years depending on the facts. You usually get a credit card through some...
Archived
Just received a bill from collection agency that is from 1998!
Nicholas's answer
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Answered on February 08, 2013
The statute of limitations has long passed. However, if the creditor files suit and you don't raise the issue of the claim being outside of the...
Florida Statue 720.3085 question
Nicholas's answer
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Answered on February 08, 2013
Liability for fees due to violations from the previous owner or that owner's tenant incurred do not pass to you. Fla. Stat 720.3085 states that...
Archived
I'm a renter and my house is in foreclosure for being in default since 08/12. Do I still pay my rent?
Nicholas's answer
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Answered on February 08, 2013
Yes, you should still pay rent. However, there is an argument that the landlord's failure to disclose the default and likely foreclosure...
Archived
What happens at foreclosure mediation, is it helpful? I have short sale papers and offer in with the bank already.
Nicholas's answer
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Answered on February 08, 2013
In my experience, mediation is most effective when the homeowner seeks and is qualified for a HAMP loan modification. If you apply for a HAMP loan...
Archived
Approximately how long??
Nicholas's answer
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Answered on February 08, 2013
There was a report back in 2011 that average Florida foreclosures time from the filing of the complaint to the foreclosure sale date was somewhere...
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