Francis N. Soave

Francis N. Soave's Answers (85)

Saint Clair, MI

Estate planning Lawyer at Saint Clair, MI

Practice Areas: Estate Planning

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I'm on SSDI, reviewed every 3 yrs, my dad wants to set up a trust for me to be used when I reach 62. How can that be done?

Francis's answer | Answered on April 21, 2009

You've answered your own question. Set up a Special Needs Trust.

Archived

I own a manufactured home in a park. If I let it go into foreclosure, how long will it be before I can qualify for a mortgage?

Francis's answer | Answered on April 21, 2009

You won't be eligible for a mortgage until you pay the balance of the note after they auction the mobile home, or you file bankruptcy and it is...

Archived

I'm on the title, but not the mortgage. The home is in foreclosure. What am I responsible for? Anything financially?

Francis's answer | Answered on April 21, 2009

As long as you are not a borrower on the note, you will not be responsible for the debt. The quit claim deed isn't necessary,

Archived

How do I turn a motorcycle back in to a creditor?

Francis's answer | Answered on April 21, 2009

You and your co-signer will both be liable for the deficiency after you turn in the motorcycle and they auction it off. Your best option is to try...

Archived

Own a condo considering bankruptcy. if i stop paying my ass. dues, what action can be taken against me?

Francis's answer | Answered on April 21, 2009

It depends on whether you plan to keep the condo or not. If you will keep it, then you must pay the dues, because they are secured by a lien on...

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