Archived
Settled foreclosure case with bank in court on March 2014. Have a question regarding the Deficiency Waiver and taxes due...
Margery's answer
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Answered on March 13, 2014
Until the end of 2013, there was a temporary suspension of that onerous provision of the Internal Revenue Code. It expired, and Congress has not...
Archived
Bank didn't follow requirements for default letter in foreclosure case
Margery's answer
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Answered on March 11, 2014
If the case is set for trial, it is doubtful that you will be able to get to summary judgment beforehand. If you have not raised the lack of...
Archived
I want to buy a Florida house now - have a foreclosure & judgment on my record from 6-7 years ago. Credit score 715.
Margery's answer
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Answered on March 10, 2014
If a deficiency judgment exists, it is a lien on anything you own in the county or subsequently acquire. If you acquire something in another...
Archived
When does Magistrate issue "Reports and Recommendations" against a foreclosure case?
Defendant, Martin Co, FL. Courthouse
Margery's answer
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Answered on March 07, 2014
Many of the circuit courts have appointed magistrates to offload many of the foreclosure cases. The rules allow magistrates to hear matters, and...
Archived
Bad deed discovered during deed-in-lieu with bank. Now I'm served with 2 lawsuits, foreclosure & bad deed, do I need to respond?
Margery's answer
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Answered on March 06, 2014
The facts contained in your question demonstrate yet again why borrowers make a huge mistake relying on promises from 'the bank'. The promises...
Archived
Need to find out what type of attorney is best for me to see?
Margery's answer
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Answered on February 24, 2014
You have a variety of choices. You should consult a bankruptcy attorney, because that may turn out to be the most direct and cost effective way to...
Archived
Is there a time period that limits when a bank can accelerate a loan?
Margery's answer
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Answered on February 15, 2014
There is no salt you if you win on the issue that you're trying to win on. The bank has no obligation to accelerate within five years. You buy...
Archived
CAN AN ASSIGNMENT OF MORTGAGE DATED AND NOTARIZED OCTOBER 3rd, 2011 BEING RECORDED TO THE COURT IN MIAMI ON 01/03/2012?
Margery's answer
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Answered on February 14, 2014
There is no legal reason why an assignment could not be recorded late, and the assignment asking you're about is not even. very late. Whether...
Archived
Should my mom file bankruptcy or risk a deficiency judgment on foreclosure?
Margery's answer
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Answered on February 12, 2014
While she is probably exempt from execution on a judgment should one be obtained, the process is unpleasant and stressful for most people, and once...
Archived
Why lender has not start any legal action, last mortgage payment made on july of 2009.
Margery's answer
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Answered on February 12, 2014
No one can say for certain why. The reason doesn't always have a rational answer. You could just be lost in the shuffle somewhere. Or it could be...
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