I have to get out of my home for health reasons, but it is worth about 70% of what I owe. What is my best option...?
I agree with that advice - get a lawyer.
Chicago, IL
Foreclosure Lawyer at Chicago, IL
Practice Areas: Foreclosure, Consumer Protection, Bankruptcy & Debt
I agree with that advice - get a lawyer.
You need to run not walk to a legal aid society and get help. This is not the type of situation that can be handled on blog site such as this.
The 2nd cannot pursue the debt if they have in fact forgiven it. To be sure that you know the status of that debt, contact the lender and ask them...
I agree with the previous advice but would also suggest that it doesn't sound like you sought to fight the foreclosure - issues of standing etc. ...
As long as you are being provided the housing per the terms of the lease, there is no reason for you to stop paying. It may be that the landlord is...
In general, you cannot be held responsible for a debt for which you did not contractually obligate yourself. That being said, both your husband and...
You will probably not be able to speed up the transfer to the bank for that very reason. Right now the bank is not the owner so they are not...
In general - the new wife's house should not be at risk as you are not on title or a signatory to the Note. You should get a qualified review of...
The short answer is the lender can pursue a foreclosure action regardless of a short sale effort. Their usual attitude is the foreclosure puts it...
The first thing I would suggest is to file a lien to protect whatever interests the Assoc has. Second - notify every interested party of the lien...