I had a chapter 7 bankruptcy discharged 2 months ago. I had a home equity line of $35,000 that was part of that discharge.
The mortgage will still be there if you do not pay it off, but you will not have any personal liability.
Elmhurst, IL
Bankruptcy and debt Lawyer at Elmhurst, IL
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The mortgage will still be there if you do not pay it off, but you will not have any personal liability.
I would look to the definitions section of your condominium bylaws (or whatever document is calling for the 20%) to see if it is defined.
Doing a Chapter 13 on your own is hard. I have seen it done, but usually it is a disaster, so I would urge you to get an attorney. With that...
What your trustee or attorney requires will be determined by local custom and standards. Also, they can require you to provide more than what is...
If the property appears abandoned, then the lender may have (depending on state law) some rights to protect the property from waste, but from the...
The intake form is a tool that you and your attorney will use to transmit infomation from you to your attorney. It should not be the end of the...
I'm not sure what the question is, but if your concern is that the money that you are receiving from your mother is "income," then I don't think...
You could file a motion to compel the Chapter 7 trustee to abandon the property. Then after the property is abandoned by the trustee, you could...
After the bankruptcy, the lender will have the equivalence of a non-recourse loan. They can effectively add interest and late fees, but they will...
Of course, you can ask for anything. The trick is to get paid as much as possible. Your best possible result may be to get paid some amount now...