Questions answered by Margery Ellen Golant

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What if I have no desire to fight a foreclosure? I want them to sell it so I can move on...

Margery's answer | Answered on March 22, 2010

It won't just "go away". Unless you file bankruptcy, the mortgage holder will have the right to obtain a deficiency judgment against you and then...

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Can a PMI company keep my lender from accepting a deed in lieu?

Margery's answer | Answered on March 22, 2010

Yes they most definitely can. The holder of the note and mortgage is insured by the PMI company. If the mortgage holder does anything that is...

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Can you have a final judgement of foreclosure if the property have never been foreclosed on? how can ge rescind this motion?

Margery's answer | Answered on March 21, 2010

There is no simple answer to your question. There are many details which are impossible to understand without a detailed understanding of what did...

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If 2 ppl file ch 7 at separate times& are on the same mortg, will the 2nd filing also put a freeze on the forclosure process?

Margery's answer | Answered on March 21, 2010

I agree with both of the other attorneys. If the second borrower files a new bankruptcy case, the second filing will, under normal circumstances,...

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The home we are renting is going into foreclosure. We just received the papers,

Margery's answer | Answered on March 21, 2010

That is extremely unlikely. The "banks" who handle these are acting as mortgage servicers for the real owners. They have no right to sell...

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I received a foreclosure document from the bank attorney. Should I send a financial hardship letter or get an attorney

Margery's answer | Answered on March 20, 2010

A hardship letter will have NO EFFECT on the foreclosure. Only an experienced foreclosure defense attorney will know what needs to be filed. For...

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My condo that i rent is in forclosure ive paid my rent even before its due on top he hasnt paid is hoa fees in 2 do i pay rent?

Margery's answer | Answered on March 20, 2010

The answer will depend on many things, most particularly on when the foreclosure was filed relative to when you became the tenant, and on what the ...

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Can deficiency judgment be discharged in bankrutpcy court?

Margery's answer | Answered on March 20, 2010

I strenuously disagree with Attorney Schuster. More and more, when people do not live ia property in foreclosure any longer, or never did, or are...

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If a HOA forecloses on a condo in Florida, how does the mortgage company get their money?

Margery's answer | Answered on March 20, 2010

The HOA foreclosure does not affect the mortgage. So, whoever bought it either has to pay off the mortgage or the mortgage company will foreclose...

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What happens after a FHA foreclosure?

Margery's answer | Answered on March 14, 2010

It is not the loan that is sold, normally it is the servicing of the loan that is sold or transferred. That does not change whether or not there...

Margery Ellen Golant's Answers (5399)

What if I have no desire to fight a foreclosure? I want them to sell it so I can move on...

Can a PMI company keep my lender from accepting a deed in lieu?

Can you have a final judgement of foreclosure if the property have never been foreclosed on? how can ge rescind this motion?

If 2 ppl file ch 7 at separate times& are on the same mortg, will the 2nd filing also put a freeze on the forclosure process?

The home we are renting is going into foreclosure. We just received the papers,

I received a foreclosure document from the bank attorney. Should I send a financial hardship letter or get an attorney

My condo that i rent is in forclosure ive paid my rent even before its due on top he hasnt paid is hoa fees in 2 do i pay rent?

Can deficiency judgment be discharged in bankrutpcy court?

If a HOA forecloses on a condo in Florida, how does the mortgage company get their money?

What happens after a FHA foreclosure?