Buyer backed out of home closing day of closing

This would typically depend on whether the financing contingency had expired before the buyer cancelled. If it did expire, buyer would be in...

Do I have a legal obligation to help a neighbor pay for a drainage system he wants installed between our properties?

If this is caused by rainwater, in general the neighbor would have to prove that you did something to negligently alter the natural course of the...

How do my wife and I go about filing for a Notice of Quiet Title Action in Illinois?

I agree with Thaddeus. Neither a 'Quiet Title' action nor reopening the bankruptcy is the answer here. I would add that a loan officer should not...

Can and should I short sale? Is OCWEN paying to short sale? Does foreclosure after Ch 7 BK extend time to get a home loan?

The real estate agent is partially correct. If your mortgage qualifies for a HAFA (Home Affordable Foreclosure Alternatives) short sale, you may...

Can my mortgage be added to my bankruptcy even if she has been awarded the house.

The answer is Yes. Although you have signed the title over to your ex, you are still liable for the mortgage debt, and the debt will be part of...

Can i sell my apartment if i owe money for electricity? My apartment is fully paid off and now i want to sell it but owe money?

Yes, absolutely you can. The only exception is if Com Ed has filed suit against you and obtained a judgment. In that scenario, the judgment can...

Can I save my home

A capable attorney may be able to delay the foreclosure and review the pleadings filed by the mortgage company for defects. However, if you have...

You might be referring to the abstract of title. The abstract of title is basically a condensed history of the title to your property showing all...

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I am selling my home in Cahokia, Illinois. Who's responsibility is it to request a title search and insurance.

It is not as simple as a 50/50 split. It is customary in the Chicago area that the Seller pays the cost of the buyers' title policy, and for title...

My chapter 13 bankruptcy has been filed with the court.....My meeting of creditors takes place in 3 weeks

I would respectfully disagree with the answer Michael gave. Yes, the funds would be considered "property of the estate," but in Chapter 13 you get...

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