Archived
Can the Bank still foreclose if they have accepted a Deed in Lieu and you have signed over the Property and taken money to move.
Jacqueline's answer
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Answered on June 23, 2014
Speak to an attorney as soon as possible. The banks often lie and if the bank did not provide all their agreements in writing then they may not...
Archived
When dealing with an In Deed of Lieu process, can the government hold us responsible if the house sells short of the amount due?
Jacqueline's answer
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Answered on June 23, 2014
The 1099-c is for the IRS reporting of cancellation of debt, not the bank deficiency. Make sure all loan terms are spelled out so tnere are no...
Archived
What happens if i have 40,000 in credit card debt and i decide not to pay? In florida
Jacqueline's answer
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Answered on June 23, 2014
The debt can usually be settled for pennies on the dollar. Speak to a loss mitigation attorney to guide you
Archived
How long can I stay in my home before foreclosure?
Jacqueline's answer
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Answered on June 22, 2014
Well, do you want to wait till the bank kicks you out or strategically plan when you will leave and hopefully not owe them anything? If you do a...
Archived
I had a deficiency balance after foreclosure and I dont want to filed bankrupcty is that he only option?
Jacqueline's answer
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Answered on June 22, 2014
The bank has one year to collect, so if they file a lawsuit to do so, you have other options than bankruptcy. The lender will typically settle for...
Archived
Why would M.E R S be listed as a defendant on a lis pendens that I was served along with myself and my wife
Jacqueline's answer
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Answered on June 22, 2014
If you review your mortgage documents you signed at closing chances are MERS or Mortgsge Electronic Registration System was listed on it in tne...
Do I have to tell bank my husband passed away his name is on mortgage
Jacqueline's answer
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Answered on June 21, 2014
Your mortgage terms may require you to notify the lender. If you notify the lender and he is the only one that signed the note, the lender may...
Archived
Do I have rights and can something be done?
Jacqueline's answer
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Answered on June 21, 2014
In Florida the mortgage or lender does not ever touch or keep the deed, then homeowner does. So by virtue of you having the deed and not them does...
Archived
Does both Husband and Wife need to be on the TITLE/DEED? Mortgage to only be in husband's name.
Jacqueline's answer
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Answered on June 20, 2014
I pray to God you are represented by an attorney in purchasing real estate. There is no excuse in this day and age with so many botched...
Archived
If your employers check bounces, what course of action do you have.
Jacqueline's answer
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Answered on June 19, 2014
Bounced checks are both a civil offense and a criminal offense in Florida. Civilly you can sue for three times the amount of the check. And you...