Archived
Can the bank keep us from renting out our home if we have lived in it for the past 5 yrs and fullfilled the occupancy clause?
Steven's answer
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Answered on January 06, 2012
I agree with my colleagues. Your rights and obligations are determined by your mortgage, note, and any addendums you signed at the closing. These...
Archived
Tax evasion
Steven's answer
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Answered on January 05, 2012
The IRS Whistle Blower statue does provide for anonymity, unless you have to testify in court. Also, if you were involved, you may be subject to...
Archived
If a debt has been discharged like a furnace on a chapter 7 can they come and take it out of my house if i dont make payments
Steven's answer
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Answered on January 05, 2012
I agree with my colleagues on this question. These situations are often resolved through negotiation. You want the furnace; It will cost your...
Archived
Discharged Chapter 7 Bankruptcy in California.
Steven's answer
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Answered on January 05, 2012
I agree with my colleagues on this matter. One point regarding reaffirmations of mortgages. If a Debtor is not behind and wishes to retain the...
Archived
Question about potential creditor claim listed on my Chapter 7. I think they are violating discharge.
Steven's answer
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Answered on January 05, 2012
From the information you provided the answer to your question is not clear. Whether the stay has been violated or not is a legal question - There...
Archived
Does filing for bankruptcy protect me from paying a defaulted direct plus loan?
Steven's answer
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Answered on January 05, 2012
As I understand it - Direct Plus loans are student loans. You do not indicate if the loan was for yourself, or one of your children. Here in...
Archived
At a Sheriff's sale auction how does the mortgage company arrive at the minimum starting price?
Steven's answer
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Answered on January 05, 2012
Generally, the mortgage company will start at the principle interest due - but that is not the rule (at least here in Illinois). The starting bid...
Archived
Should I still submit my last tax transcript to the trustee even if I havent worked since 2007?
Steven's answer
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Answered on January 05, 2012
If I understand correctly, you have not filed any tax returns since 2007. It is not necessary to file your taxes if you are not required to file...
Archived
We have a lein on our property, at the sale of home how much can they court award ,
Steven's answer
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Answered on January 05, 2012
I don't understand your question. What type of lien is on the property, Judgment, Statutory, Tax? The type of lien may make all the difference. ...
Archived
Do I need an attorney to begin foreclosure on my own home?
Steven's answer
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Answered on January 05, 2012
This is a common scenario. If you are contemplating foreclosure, you should consult with an attorney at the earliest possible time. Often, timing...
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