Archived
I get the 1099c on my investment property from lender, it will be wipe off when I file bankrupcy chapter 7?
Felix's answer
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Answered on November 17, 2009
Bankruptcy is one of the ways to eliminate the effect of a 1099c. You need to consult your CPA or tax preparer with the 1099c and your discharge. ...
Archived
We have now filed for bankruptcy and the house is in foreclosure. Does the bankruptcy merely stay the foreclosure ?
Felix's answer
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Answered on November 17, 2009
Both the above answers are correct. I would like to add that in my experience, the lenders do not bother movign to lift the stay in bamkruptcy...
Archived
Can a landlord rent his property that is in foreclosure without telling you when you sign a lease
Felix's answer
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Answered on November 16, 2009
I agree with the answer provided by Mr. Bishop. I will add that I have been consulted by a few clients about this problem. It all boils down to...
Archived
How bad can a collection agency hurt me?
Felix's answer
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Answered on November 16, 2009
This occurs more often than people think. From a practical perspective, it may be easier and cheaper to settle the debt. I am not implying that...
Archived
Our landlord is evicting us for our trailer not being clean but we have not had water for 7 days. What can we do to avoid this?
Felix's answer
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Answered on November 16, 2009
If the landlord is responsible for payment of the water this may constitute a retaliatory eviction. An eviction can last a few weeks, a luxury that...
Archived
Can we do a short sale of our primary home after closure of ch 7 bkrptcy, reaffirmed 1st, not 2nd?
Felix's answer
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Answered on November 16, 2009
You need to consult with your bankruptcy attorney about the possibility of reopening or amending your filing to include the first as well, before...
Archived
HOA Foreclosures and "Short Sales" in Florida: Can lenders accept short payoffs and what are the mechanics of this?
Felix's answer
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Answered on November 16, 2009
There is not much you can do unless the lender wants to cooperate. You will probably have the same issues even if the borrower was cooperative. ...
Archived
How do I file a motion to vacate set aside judgement?
Felix's answer
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Answered on November 16, 2009
There are several grounds for vacating a judgment. Without more information it is impossible to tell if you have grounds to have the judgment...
Archived
Got into a debt settlment company and got screwed now i am being sued can i get the fees paid to the debt settlment company
Felix's answer
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Answered on November 16, 2009
I agree with the previous two answers. Also, please keep in mind that litigating is not cheap and you may spend more than the $2,000.00 in fees...
Archived
In the State of Florida what are the legal ramifications for unpaid credit card debt?
Felix's answer
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Answered on November 16, 2009
The credit card company can file a lawsuit against you. Once they obtain a judgment, they can attempt to enforce it like they would any other...
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