What should I do about by financial and legal position?

Bankruptcy may or may not be the right answer. It's entirely possible you could obtain a great Loan Modification. You should talk to a Law Firm...

Can I keep my house after having it discharged in a Chapter 7 bankruptcy?

You should contact a Law Firm with good experience and success in Loan Modifications, bankruptcy, and foreclosure. Hopefully, you won't need the...

Your mortgage company isn't bound by any divorce agreement between you and your former spouse. It will pursue both of you for payment, and...

My house is up for short sale. My bank (a credit union) said they would short sale it but i would have to pay the balance.

Yes, they can make you pay the balance. However, doing a short sale is in their best interests, and you can refuse to do the short sale if...

What is my best course of action with my lender?

It was a safe bet that if you asked if you could lease it, the lender would say no. However, you shouldn't lose a minute of sleep over it. Almost...

Selected as the best answer

A home loan modification offer for 3 principals on a mortgage: Can we remove one principal from the loan with the modification?

Almost certainly, not... Banks will rarely allow anyone to be removed from a mortgage. However, you should ask the 3rd party to jointly handle...

Theoretically, you can quit claim it as many times as you like. A Quit Claim Deed only conveys whatever interest you own, even if that interest is...

I purchased a judicial foreclosure I have deed. I come to find out my property is up for auction under the original owner name?

The most likely scenario is that you purchased a property which had been foreclosed upon by the 2nd mortgage lender. That 2nd mortgage foreclosure...

The short answer is typically from 6 weeks to 3 months or longer. The steps are: 1. After the sale, typically 2 weeks to 2 months after, but...

Typically how long does someone have to remove personal belongings after a loved one dies? she had a reverse mortgage.

You have good instincts. You should not allow any appraiser or anyone else to come into or around the home, whether or not they were sent by the...