Assuming this is an Illinois property: A winning bidder at the auction isn't required to enter any Motions, unless the plaintiff is the winning...

What type of lawyer should we seek out for assistance in a loan modification.

You should seek an attorney/law firm: 1. That is licensed and practicing in the state in which you reside… Illinois, 2. With significant...

How could a Mortage company Approved you for a loan after a Bankruptice after 5 mos.

This may be a spectacular opportunity, so don’t be too easily discouraged. Do have an attorney who has knowledge in the loan modification,...

What can I do or expect?

I agree that speaking to your bankruptcy attorney is not a bad idea. However, you need advice and/or representation for the foreclosure. Banks...

In Aug. of 09 I ask my bank for a modification. nothing happened until April of 2011. Now they want to foreclose. Is this a case

Your fact pattern is not unusual, at all. It may be the most common pattern, in which banks 1) advise borrowers to stop or reduce payments while...

I live in Mchenry county ,il....found out house is going up for auction July 27th,2011 landlord swore he refinanced

At some time after the auction, there will be a court hearing... a Confirmation of Sale hearing. This may be a month or two after the auction. ...

Forelosure and Bankruptcy help in Illinois

You need to consult an attorney immediately. However, look carefully for one with the necessary expertises. Keep in mind, if you do nothing,...

Foreclosure and Home Equity Loans

When the home is sold at the foreclosure auction, proceeds in excess of the amount due the 1st mortgage lender (usually the plaintiff) will go...

HAMP modification

Yes, you are required to include your spouse's income. The best tool banks have to avoid approving modifications is to delay, delay, and delay. ...

Is a spouse responsible for the other spouse's mortgage in foreclosure even though he bought the home b4 we were married?

I agree with the previous response in that you won't be held liable for any mortgage deficiency if you didn't apply for or assume the mortgage. ...