Can I sue Fannie Mae and Freddie Mac for causing me to lose my retirement equity in my two condos orignially worth $2,000,000.00
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Answered on January 28, 2012
I tend to agree with Attorney Deason (I think Fannie and Freddie contributed to the downturn). You probably will not find an attorney to take such...
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Service by publication in Illinois
Steven's answer
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Answered on January 28, 2012
Motions to quash can be complicated. You must be careful, or you may waive the question of jurisdiction. To answer your question, it depends where...
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Can i trade a truck that was paid off before chap 13 just an assett for a different car straight across no cash involved
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Answered on January 27, 2012
I agree with my colleagues. Read the plan carefully. If the assets vest back to you after confirmation, you are free to trade as you described. ...
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How can I save my defaulted Chapter 13 plan from being dismissed?
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Answered on January 27, 2012
First, do you have an attorney? Your attorney will know how your judge may handle this situation. It really goes to the structure of your plan. ...
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Case of wrongful foreclosure??
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Answered on January 27, 2012
I agree with my colleague, the motion to vacate indicates there was a problem with the sale. Unfortunately, the mortgage company will not have to...
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Our home foreclosed over a year ago and just realized the 2nd mortgage is still owing.
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Answered on January 27, 2012
It is true, the 2nd is out there. I don't know the law in Colorado (I understand the property is located in Colorado) but a preliminary google...
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Pay off second mortgage right away after foreclosure?
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Answered on January 25, 2012
You are not in default on the second. You can continue to make your monthly payments according to the agreement, unless the agreement provides...
How does the trustee determine the starting bid at the auction? I always thought it was at the loan balance?
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Answered on January 25, 2012
Actually, it is an auction, and the first bid is determined by the first bidder. Often the mortgage company holding the loan on the property...
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How to negotiate with 2nd mortgage when house has been foreclosed on
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Answered on January 25, 2012
You do not have to share information with WF. However, if you are trying to settle this debt, they will want to know your financial condition....
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Question about my 2nd trust deed that was charged off
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Answered on January 25, 2012
I agree with my colleagues. I have seen these second mortgages negotiated away - both with a bankruptcy and without. You never know until you...
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