Bannockburn, IL
Tax Lawyer at Bannockburn, IL
Practice Areas: Tax, Foreclosure ... +2 more
The mortgage on the property you want to surrender, would become unsecured - the amount of the deficiency (if any) will not be determined until...
Generally, foreclosure actions foreclose all inferior liens on the property, including IRS tax liens. That means your liability to the IRS...
Exemptions are the the most common area of questions on Avvo. Exemptions are also the most complicated AND the most important. That's why it makes...
I agree with my colleagues. That is a point you can address to the seller - and can be part of the agreement. I give you the deed, you don't...
I agree with Attorney Bunce. Chapter 13 is purely voluntary and can be dismissed at any time. Whether it is best to stay in Chapter 13 or try to...
In order to determine how much you must pay unsecured creditors courts conduct a liquidation analysis. Liquidation is the title of Chapter 7...
Generally, in these cases the rule should be "better safe then sorry." Every judge and every jurisdiction may rule differently on this. If you...
Your question is not clear. Do you now have two mortgages, one with Chase and one with your sisters? Or, did you promise to pay your sisters, and...
I agree with Attorney Chen. You still have the same rights and obligations you had before the property went into foreclosure. The owner in...
You still own the property and every right of an owner. Including the right to evict. Many homeowners who find themselves in foreclosure find a...
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