Judgement Seizures

Typically a security interest is perfected by filing a UCC-1 financing statement. Those items of your business's property that fall under the UCC-1...

Does NC allow Till Tapping?

Whether till tapping is possible or not having a judgment in hand opens a wondrous panoply of collection options. You can serve interrogatories and...

B of A is to receive $90K from my short sale towards $250k HELOC but not willing to settle the loan. What are my options?

Attorneys are reluctant to suggest inaction. My suggestion would be that so long as there is no novation (new note) demanded, continue through the...

We've all also neglected to mention that this attorney may have malpractice insurance that you could go after.

Collection Question!

You're being sued for a deficiency. Florida's version of the UCC governs every aspect of what the finance company had to do in order to perfect its...

Is my debt discharged?

Typically yes if it was a "no asset" case. Asset cases are more complicated in terms of determining whether an omitted creditor is actually...

Can you reaffirm with a auto lender in a chapter 13 plan?

In Chapter 13 you typically don't give up any property, including a financed car. Typically the balance on the vehicle loan is pushed down to the...

How many times can one file for bankruptcy for Chpt 7 and 13?

Generally you can file for Chapter 7 every eight years and Chapter 13 two years after your last Chapter 13 filing or four years after your last...

Morgage is now being called a home equity loan how did this chaing happen bank says loan is same the name changed

A "home equity loan" is not the same as a "home equity line of credit" (HELOC). The latter typically has drafts that you can use like checks. The...

A home that is worth only 75% of the balance on the mortgage is a good candidate for a "stratetgic default" (walking away). Your situation is far...