Archived
Lender says they "lost" the note, and they want to foreclosure based in the Mortgage info, also there are error in the Legal d
Margery's answer
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Answered on February 02, 2009
If you have not paid your mortgage since May 2008, you are in very serious default. It might be possible to put on a defense, depending on all the...
Archived
Foreclosure
Margery's answer
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Answered on February 02, 2009
Once payments stop and the loan is shown as delinquent, the lender will begin the process of foreclosure. This means that it will file a lawsuit...
Archived
How much do I have to owe to file chapter 7 bankruptcy?
Margery's answer
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Answered on February 02, 2009
There is no magic number. The issue is that filing Chapter 7 is not simple or cheap. It may be well worth it, depending on the amount of...
Archived
I was served with foreclosure papers on my house back in aug 2008. nothing has happened since. Is there a statue of limitations?
Margery's answer
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Answered on February 02, 2009
While there is a statute of limitations, it stops running once suit is filed, so would not apply to your situation.
The process of foreclosure...
Archived
I was paid a debt for $5000.00 via a check. The payees' account did not have the suffcient funds. What can I do to recover it?
Margery's answer
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Answered on February 01, 2009
Most banks have time limits for negotiability of a check. It varies with the bank and the state, but I know of none that are longer than a year....
Archived
Can i file bankruptcy separate from my husband?
Margery's answer
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Answered on February 01, 2009
You can file bankruptcy separately from your husband, and list only the debts that are yours. If the mortgage company is sending the statements to...
Archived
I was paid a debt for $5000.00 via a check. The payees' account did not have the suffcient funds. What can I do to recover it?
Margery's answer
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Answered on February 01, 2009
Most banks have time limits for negotiability of a check. It varies with the bank and the state, but I know of none that are longer than a year. ...
Archived
Can you file bankruptcy on credit cards only
Margery's answer
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Answered on February 01, 2009
Yes. While you have to list all your debts, you can reaffirm those that you want to continue to pay in order to keep the collateral, such as your...
Archived
A senior citizen facing potential forecloser, is it better to file bankruptcy, would they be able to keep their house?
Margery's answer
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Answered on February 01, 2009
There is no simple answer to your question. It is possible that, with a careful use of your state's exemptions and reaffirmations it might be...
Archived
Bankruptcy and Cosigners
Margery's answer
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Answered on February 01, 2009
There may well be things she can do to fight back. Debt collectors are often over agressive and prone to exaggerate to frighten people into...
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