How long does it take from start to finish in for foreclosure after not reaffirming mortgage chapter 7 bankruptcy?

Answer - 9 months to 5+ years. The answer depends on so many different factors, which is why this range is so vast. You have the court system and...

It depends. The most annoying answer from attorneys. :-). First of all leaving a property unattended and simply ignoring it post bankruptcy can be...

How can we get a private credit union to forgive a student loan?

First my deepest condolences, i have a young daughter and such a loss is catastrophic to a parent. So i honor your pain. It also enrages me that...

ARE MORTGAGE PRINCIPAL REDUCTIONS POSSIBLE IN ILLINOIS

Absolutely. Although principal reductions are not common they do happen. Especially when you find the right lawyer to challenge the banks'...

How likely is it that an "in personam" deficiency judgment would be entered against us if we are unable to reach an agreement?

Depending How far along you are in the mediation, a deficiency could be a ways away. The likelihood of getting a deficiency is more likely now...

Selected as the best answer

Chapter 7 Bankruptcy Car Question

Although my colleagues are correct about title establishing a prima facie (on its face) basis for ownership, that you own it. But there is also a...

In the process of applying for a loan modification, do we need a lawyer?

You do not NEED a lawyer to submit a loan modification. HOwever because the lenders and their servicers tend to play allot of games, like losing...

I would like to know if I should file chapter 7 bankruptcy?

Filing bankruptcy should be worth it. If you have a heavy debt load, heavy in your opinion, then its an option to consider. But if you filing...

If I do a deed instead of foreclosure on my condo in IL, am I responsible for my second mortgage or is my bank responsible

I agree with my colleagues however an option that will solve the problem of the 1st, 2nd and stop the homeowners association would be to negotiate...

What can be done if there is a lien on your property for a judgment that has had bankruptcy filed on it?

I agree with my colleagues that you need to speak to a real estate attorney to verify that there is in fact a lien. If there is a lien from the...

Selected as the best answer