Archived
How can I cancel a sales date on a bank foreclosure when the property was purchased on HOA foreclosure auction ?
Margery's answer
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Answered on December 30, 2012
There are serious issues here, and you need to retain a knowledgable financial services law attorney immediately. Since you bought the interest of...
Archived
If a Quiet Title action is successful ... is the promissory note then considered to be "unsecured" ?
Margery's answer
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Answered on December 30, 2012
As always, it depend on the details. Is the subject property your homestead ? If so, the strategy you describe might be viable, but there is much...
Archived
Can you buy a mobile home with cash after foreclosure?
Margery's answer
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Answered on December 29, 2012
Yes.
Archived
I bought a house that is in foreclosure from a family member. Will the bank come after me?
Margery's answer
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Answered on December 27, 2012
The creditor has no right to collect the debt from you. However, it still has the right to pursue the existing foreclosure action which, if...
Archived
Are non-existent bank stamped endorsements on mortgage notes, after summons issue 2009 & after OTS bank closure 2008, a forgery?
Margery's answer
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Answered on December 26, 2012
There is a great deal of fraud going on in connection with this issue. However, you will not be likely to be able to attack this on your own. The...
Archived
I have a mortgage and a line of credit on my home. If I default on the LOC, can they foreclose on my home?
Margery's answer
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Answered on December 23, 2012
Yes, if the line of credit is secured by your home, the creditor most definitely can foreclose, and based on the facts you describe, that seems...
In a Miami Dade court auction. is the final judgment amount the amount that I will owe on the property + bid amount?
Margery's answer
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Answered on December 23, 2012
Bidders compete against one another just like at any other auction. There is no way to know in advance what the winning amount will be. If this is...
Archived
Am I personally responsible for HOA dues post BK7 discharge with forclosure? By reading declarations I belive I am exempt.
Margery's answer
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Answered on December 23, 2012
Until title passes by a valid deed or certificate of title, you remain liable for whatever association maintenance accrued from the date you filed...
Archived
Will a loan modification today on mortgage that was included in banruptcy 5 yr ago reaffirm my dept
Margery's answer
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Answered on December 12, 2012
Normally, no. Reaffirmations require the approval of the bankruptcy court. However, depending on the language of the modification, you could be...
Archived
Junior lien holder on my home (3rd mortgage - Home Equity Line of Credit) likely to get a judgement within the next 30 days....
Margery's answer
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Answered on December 11, 2012
Once the creditor gets a judgment, it can levy on any non-exempt assets owned by the debtor. That would include the minivan, and probably also the...
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