My house has just sold on a short sale, the 1st agrees to the amount but I'm told the deficiency has to be claimed as income .

The other attorneys provided you with good information. What you should research for further information is the Mortgage Debt Relief Act of 2007....

Foreclosure

I'm not licensed in your state, but although questions regarding tax liability for discharged debt come into play in a short sale, or deed in lieu...

I'm not a New York attorney, but yikes, that doesn't sound like a good loan modification. Who is offering it to you? Did you apply for a...

I'm not a Florida attorney, but I would suggest going to court on the next scheduled court date and request that the judge dismiss the case for...

If an Oregon property was foreclosed on by the 1st lien holder can the 2nd lien holder (second mortgage) pursue deficiency?

I'm not an Oregon attorney, but usually if the first mortgage holder forecloses (or even in the event that they haven't yet), the second mortgage...

Quit Claim Deed

My first question is, why do you want to do that? If is solely because you're having trouble paying the mortgage? If that's the case, you don't...

I was contacted today about a payday loan they say I owe from 6 yrs ago. the company says there is a judgement against me.

It is curious that they refuse to send you any documents when you request them. Is an attorney contacting you or an individual? Whoever it is, ask...

Adversary hearing

I don't think you should be scared; the judge ruled in your favor before and probably will not want to reverse her previous finding. The landlord...

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Short sale vs deed in lieu of foreclosure

A short sale doesn't sound like a bad idea, do you have a buyer? The Mortgage company will have to approve the short sale, and may ask you to pay a...

We are going round and round with Wells Fargo Mortgage company on a modification - have sent in paperwork three times now.

Under the new HAMP guidelines a servicer participating in HAMP is a) not supposed to refer your loan to foreclosure or b) sell your property at a...