Can the mortgage and deed be of different value?
A deed typically does not reflect the purchase price or fair market value. On its face, it typically shows nominal consideration, usually "$10.00...
Belvidere, IL
General practice Lawyer at Belvidere, IL
Practice Areas: General Practice, Real Estate ... +5 more
A deed typically does not reflect the purchase price or fair market value. On its face, it typically shows nominal consideration, usually "$10.00...
From your description, it sounds like they are simply pursuing the property, without any monetary deficiency claim. To be certain, however, have...
He can choose the conditions under which the power of attorney would become effective, but the consideration is whether there would be a dispute in...
This is a matter for which representation from the onset is important. You cannot later undo any mistakes made while working without an attorney....
You say "we currently own," but it is unclear whether you are using that in the sense of legal title or marital rights. If you were deeded an...
The issue is mainly satisfaction of the title company that will need to insure the transaction. In my experience, almost every title company will...
Your friend should simply consult other attorneys to determine if they can take over the case. Often, it will depend on the potential value of the...
You have a claim under Illinois law. The question is whether the damages are worth pursuing and whether collecting is likely through insurance or...
My impression from the way you phrase the question is that your case may not have been filed. Therefore, it is important that you continue to seek...
You would be better served exploring your options in an office consultation. While there are several bankruptcy qualifications that would have to...