Archived
What happens to the value of a Tax Lien after filing Chapter 7 and the cars have been "junked" (12 to 18 yrs old)?
Steven's answer
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Answered on July 31, 2012
Generally, tax liens attach to ANY property the taxpayer now has OR will acquire. So, if you got rid of a vehicle, and purchased another, the lien...
How can I present a MOTION FOR AN AUTOMATIC STAY LIFT for child support arrears in a Chapter 7 Bankruptcy?
Steven's answer
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Answered on July 30, 2012
It is true that you can't proceed while the automatic stay is in place. However, if you have already appeared in State Court, the end of the...
Archived
Is there a limit on number of foreclosures within a townhome community after which banks will no longer lend to homeowners?
Steven's answer
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Answered on July 27, 2012
This is a practical response to an unusual situation. If many of the units are empty, the association is not being funded adequately. The...
Archived
Have ben forclosed on by a 2nd lein holder i assume they have to pay off the 1st
Steven's answer
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Answered on July 27, 2012
You probably revealed your social security number to the creditor at the time you applied for the loan - so probably not a privacy issue. The...
What does status closed report terminated mean in a foreclosure case
Steven's answer
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Answered on July 27, 2012
Are you saying the Court entered Judgment, Default Judgment and an Order dismissing unknown claimants? If you are, the mortgage company can sell...
Archived
Should a Summary Judgment be verifiable through the Court Records?
Steven's answer
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Answered on July 27, 2012
There must be record of an Order being entered. If there is not a record, or a stamped copy of the Order, an Order does not exist.
I hope this...
Archived
If a Bank ignores my representatives in a forclosure case, what can be done?
Steven's answer
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Answered on July 27, 2012
You don't provide enough information to determine if you have any options. Did an attorney appear for the Motion? Did they have an opportunity to...
Archived
I have a tax lien aganst my property. I called the IRS and they said that they don't have a lien against my property.
Steven's answer
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Answered on July 26, 2012
Tax liens can be detrimental to your credit rating. You should conduct an investigation to determine exactly where that lien originated (if one...
Archived
In pre-forclosure state - 2nd mortgage on home discharged in chapter 7 - can they stop an in lieu of deed with 1st mtg.
Steven's answer
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Answered on July 26, 2012
Although your obligations on the second mortgage were discharged in bankruptcy, the second mortgage company's lien survived bankruptcy - it still...
Archived
Need to file ch. 7 and have to establish residency.
Steven's answer
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Answered on July 25, 2012
Generally, where you live and intend to make your primary residence - qualifies as your primary residence, at least here in Illinois. When you are...
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