Concerning SOL for a sold out junior loan on an investment property that has been foreclosed on in Florida.

The statute of limitations to sue on a written demand note is five years. However, when that five years begins depends on the terms of the note and...

Profolio debt collection agency is suing me for a debt they say they bought from GE capital. Trial is on 04/29/15 in the judges

They have a case, whether they can prove it will depend on the judge and your advocacy skills. If you have not participated in the court case, they...

I live in Orange County, FL. I am filing bankruptcy and my lawyer is suggesting we do Chapter 7 with a loan modification.

Both a Chapter 7 and Chapter 13 filing will have the immediate effect of stopping the sale date. Mediation for your mortgage is also available in...

You received the 1099-c because you received income from the cancellation of indebtedness. Yes you need to file a return. You should hire a tax...

That will depend on the financial institution and their requirements. Have you considered any of your options to resolve your tax liability? If...

Security rule indicate no blank endorse allowed after 150 days or return to seller. Why is blank endorse allowed in foreclosure?

Has it occurred to you that the attorneys you are interviewing may know more about the law than you do? If you are interviewing many attorneys and...

Why do I owe so much more in federal income taxes this year?

There is no way to answer this question. You would need to provide significantly more details for any kind of response. The only advice that can be...

What is a 2848 form for the IRS?

A 2848 form is a Power of Attorney: by granting a person a Power of Attorney, you allow that person to discuss your tax issues with the IRS. If you...

My mother received a call from a collection agency looking for restitution on funds for a time share my late grandfather owned.

Your mother should consider hiring an attorney to pursue the collection company for violating consumer protection laws.

Lost my home to bankruptcy in 2009. Home sold in a foreclosure sale in 2014. Consent to final judgment in July of 2013, which

Your debt was likely discharged in the bankruptcy so there was nothing to forgiven in exchange for your consent to the foreclosure judgment. There...

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