Archived
I'm unclear on exactly what a foreclosure means for me. Do I still have to pay the loan if it is foreclosed upon?
Jeffrey's answer
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Answered on September 19, 2010
Florida is a recourse state, which means that if the property is sold at a foreclosure sale for less than the amount owed to the mortgage holder,...
Archived
I am purchasing a home through a short sale, who evicts the previous owners from the property if they are still in the property?
Jeffrey's answer
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Answered on September 19, 2010
Do not let the term "short sale" complicate your approach to your concern. Isn't it true that the same question could arise if there was a...
Archived
Possible rental house in foreclosure
Jeffrey's answer
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Answered on September 19, 2010
"Should I keep paying my rent to him?" calls for a judgment call.
Under the law, as long as the landlord is the owner of the property, he has...
Archived
Landlord in foreclosure
Jeffrey's answer
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Answered on September 19, 2010
You will have to be more specific as to the proceedings you refer to for an attorney to give advise with certainty. From your question, we can not...
Archived
In 2006 purchased with an 80/20 loan, the 2nd being a HELOC. In 2007 I refinanced the HELOC into a true, fixed 2nd mortgage.
Jeffrey's answer
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Answered on September 19, 2010
Yes, BAC can decide not to bother a foreclosure based on the 2nd and instead choose a different remedy by bringing suit on the promissory...
Archived
2nd Home foreclosure in Pasco County Florida
Jeffrey's answer
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Answered on September 19, 2010
I have seen a disparity in my county--Palm Beach--where some judgments are getting recorded and others....as of 4 months ago there was an estimated...
Archived
After chap 7 discharge, surrendering house, do I still have to pay homeowner ins?
Jeffrey's answer
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Answered on September 19, 2010
I disagree STRONGLY with my colleague's well-intentioned response.
What happens if someone gets injured while on your property? And they sue...
Archived
May landlord contact family member listed on lease as emergency contact in order to collect debt?
Jeffrey's answer
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Answered on September 19, 2010
Since the landlord is the creditor, the Fair Debt Collection Practices Act, a Federal law, does not apply. You will have to look to OH law to see...
Archived
Question of Bankruptcy and HOA in Fllorida
Jeffrey's answer
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Answered on September 19, 2010
Did the Trustee abandoned his/her interest in the property? If so, then the Trustee is not a factor and it is a matter of whether the landlord is...
Archived
Can you help reguarding my daughters car repo attorney?
Jeffrey's answer
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Answered on September 19, 2010
Much will depend upon whether the agreement was confirmed in writing, in which event the attorney/creditor is bound by the terms of the written...