Oak Park, IL
Real estate Lawyer at Oak Park, IL
Practice Areas: Real Estate, Estate Planning, Foreclosure
I agree with the previous answers. Assuming the property in DuPage County, you may wish to file for bankruptcy because deficiency judgments are...
I agree with the previous posters, and would like to add that you should not sign anything without consulting an attorney in your state to be sure...
Creditors can be liable for damage to debtors for violations of the stay. If the creditor willfully repossesses your furniture despite the stay,...
Yes, you would be personally liable for condo assessments and fees because you remain the owner of your condominium until the mortgage holder...
I agree with the previous answer. Sometimes I find that debtors are under the impression that they will get to keep a department store credit card...
Are you certain you did not get a 1099-C? That is normally the form that would be sent with regard to cancellation of your mortgage debt. If you...
Yes, you can. You'd need to prepare and record a quitclaim deed. Still, I recommend using an attorney just to make sure that it's done correctly....
Certainly this is a very difficult decision. It is also a very fact-specific and personal one, and I believe most lawyers would be hesitant to...
Your questions are too involved for an online answer, and the case law for each state is different. Generally speaking, it appears that Florida...
I agree that a Chapter 13 could help you if the bank decides to accelerate and foreclose. But before you do that, you should definitely try...
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