How is a short sale handled without the tax relief act?

Lots of issues here. First, the Michigan modification act, originally set to expire last July was extended to January 2012. If you received your...

What can i do!

If you filed your lien properly, then you can foreclose on the property to get paid. Not an easy or inexpensive process, but it will get the...

Do you need title insurance when you pay cash for a condo

It is really the only way you can be assured that the seller actually owned the condo and had the right to sell it. But it should have been a...

Can a debt collector tell your co worker that they are calling for check fraud?

No. Violates the Fair Debt Collection Practices Act.

Do I still have a claim against a debtor after they filed chapter 7 ?

If there was a distribution of assets in the bankruptcy, then you lost the right to file a claim by not being notified at the time, so your debt...

Death of spouse house in foreclosure WHAT RECOURSE DO I have if any?

As a co-owner, you can continue to pay on the mortgage loan, and when paid off, get a discharge of the mortgage. Death of a spouse should not...

Would my bank reserve line go into ChexSystems after I file a CH7 BK?

List chex as a notice party in your bankruptcy, your name will be removed.

If I strip my 2nd mortgage in a Chapter 13, will I be issued a 1099 or have any negative tax consequences or ramifications?

Not an issue if discharged in bankruptcy. File form 982 if you get a 1099.

Not income for means test. You have cash value in the policy. It is an asset worth $xxx. (and quite possibly exempt in bankruptcy). When you...

Does the 180 day window restart if you convert your initial filing from a 13 to a 7?

There is no 6 month window when you cannot receive gifts. You may be referring to one of three events that have to be reported, and may change...