I live in Illinois and need to know if I am liable for primary AND secondary mortgage on a property that was foreclosed?

If you signed the Note for the second mortgage then you are certainly liable for the deficiency. The bank can bring you to court in order to...

What is the best way to deal with this property?

As other attorneys have stated, you have a number of options. If you find that you do fall behind on the mortgage payments, you can attempt to get...

Landlord/Tenant Responsibility

As others have pointed out, the repairs are your landlord's responsibility. This is not something renter's insurance would usually cover.

For property held in joint ownership by the spouses should they have 2 wills or 1?

I agree with Counselor Moens, there may be better ways to achieve your goals in this matter. That being said, two wills are going to be a better...

Been out of work since Sep. 2010, but need help with a court appearance - being dragged into court by credit card companies-HELP

From your description, it sounds like a Chapter 7 bankruptcy might be a great option for you. Keep in mind that there are some income limitations...

Depending on the severity of the infestation, you may be able to break your lease. The landlord is required to provide a habitable residence, and...

How many days should I give notice and how to evict non-paying tenants in foreclosed property

From your description, it sounds like you have spoken to the tenants and have created an "oral lease." Did they agree to pay rent? If so, you...

Selected as the best answer

How long beforeI am allowed to purchase another home after going thru the eviction process. Someone told me it was three years

Your question is a good one, but I would like some clarification. Do you mean how long would you have to wait before getting a mortgage after a...

Consent Forclosure

Banks are typically more likely to agree to a consent foreclosure before they obtain an order of judgment. However, the statute provides that the...

A car accident it just a minor one.. I was driving slowly than 5 miles an hrs or so can I go to jail for this one?

From your description, this sounds like an unfortunate accident, not a criminal matter. If the police officer told you that she doesn't consider...