Questions answered by Richard Paul Zaretsky

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In Florida, is the "phantom income" taxable if the property was homesteaded by the owner?

Richard's answer | Answered on October 29, 2013

As stated, this is a federal tax question. Foreclosure allows the lender to obtain a deficiency judgment if the amount it realizes from the public...

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How reliable is a company that wants me to buy 2 Pay Pal cards for $500 each in order to collect cash I have won in a contest.

Richard's answer | Answered on October 29, 2013

Just sit down and think about it. They want to have you send them money so they can send you money from a contest you didn't even enter to win? ...

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Condo thieves! can they hold a salary? can they charge me for something i never see? can they ruin my credit?

Richard's answer | Answered on October 27, 2013

I agree - no garnishment of your wages can occur unless the association actually has a money judgment signed by the judge naming you as the defendant.

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Will I lose my deposit on a residential lease on a foreclosed property

Richard's answer | Answered on October 27, 2013

Actually there are some facts I have to assume. One is that the certificate of title has already been issued to Wells Fargo. If that is the case,...

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Can a bank refuse. deed in lieu, and a cash offer, and then recover the full balance of the note when sold substantially less?

Richard's answer | Answered on October 27, 2013

Great question! The bank is under no obligation to entertain your deed in lieu of foreclosure offer nor your cash offer. Typically the...

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Am i required to buy homeowners insurance if my mortgage agreement does not contain any insurance requirements?

Richard's answer | Answered on October 27, 2013

I agree with my fellow attorneys - your contract with the lender is the mortgage contract - and if it says nothing about insurance, then the lender...

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Is a 2nd lien holder who was dismissed without prejudice in a foreclosure able to collect as if he was 1st lien holder now?

Richard's answer | Answered on October 26, 2013

A very strange set of circumstances indeed! As the buyer of the property at the foreclosure sale, you may have rights to re-foreclose the...

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Mortgage Lender refusing payments of full amount owed

Richard's answer | Answered on October 26, 2013

The return of the funds is precisely because by the time you sent the money to reinstate the loan, the attorney had received the file and monies...

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If we foreclose on property in Florida that we can not afford we know our credit would take a hit, but can the bank sue us?

Richard's answer | Answered on October 25, 2013

I am going to refer you to an article from a few years ago that should answer your question. The short answer - see an attorney to understand...

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Is there a time limit on how long a house can be kept in the forclosure process?

Richard's answer | Answered on October 25, 2013

We would need a lot more information to give you some guidance here. We are still dealing with foreclosures filed in 2008, so your 2009 case is...

Richard Paul Zaretsky's Answers (1356)

In Florida, is the "phantom income" taxable if the property was homesteaded by the owner?

How reliable is a company that wants me to buy 2 Pay Pal cards for $500 each in order to collect cash I have won in a contest.

Condo thieves! can they hold a salary? can they charge me for something i never see? can they ruin my credit?

Will I lose my deposit on a residential lease on a foreclosed property

Can a bank refuse. deed in lieu, and a cash offer, and then recover the full balance of the note when sold substantially less?

Am i required to buy homeowners insurance if my mortgage agreement does not contain any insurance requirements?

Is a 2nd lien holder who was dismissed without prejudice in a foreclosure able to collect as if he was 1st lien holder now?

Mortgage Lender refusing payments of full amount owed

If we foreclose on property in Florida that we can not afford we know our credit would take a hit, but can the bank sue us?

Is there a time limit on how long a house can be kept in the forclosure process?