Archived
Can the State of IL require me to pay the difference between what is owed on a primary mortgage and after a foreclosure sale?
Gary's answer
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Answered on October 05, 2011
“Fault” is a term of art under the law. Nothing in your recital of facts leads me to think you can win on “fault.“
As to service of summons
Archived
I am a renter and the papers were posted, the house is being auction Dec. Should I pay next month, I want my deposit back.
Gary's answer
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Answered on October 05, 2011
With ownership–usually–comes the right to collect rent.
I don’t think the current owner cares and the future owner–upon the facts recited–has...
Archived
I recently sold my home to an investor to prevent foreclosure. I have recently discovered I sold my title, but I am still
Gary's answer
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Answered on October 05, 2011
Atty Pittman made some good points:
1. The title is ownership
2. A lien against the title differs from the title.
As Atty Pittman noted, a...
Archived
My property foreclosed 2 yrs ago; however, I am paying back fees for the HOA. What happens to if I stop making payments?
Gary's answer
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Answered on October 05, 2011
The HOA may have governed the payment while you owned the property, but it appears that you established a contract for repayment: the contractual...
Archived
I am living in Iowa and recently had my home foreclosed upon. Will they come after me for the deficiency?
Gary's answer
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Answered on October 05, 2011
Your wife–who clearly did not marry for money–was not a party to the contract &–I assume–never an owner on the property: she sounds safe.
In a...
Archived
Should the bank have contacted me after property auctioned?
Gary's answer
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Answered on October 05, 2011
Unless barred by statutory or contractual provisions, a note–certainly in MO–can partially survive a foreclosure.
In MO, notice often goes to...
Archived
We were forclosed on a year and a month ago. Can we still buy our property back if it was sold at auction?
Gary's answer
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Answered on October 05, 2011
Make an offer to the owner: you have as much standing as anyone else.
In addition, you are in possession: that gives you leverage, as any other...
Archived
Does a Deed in Lieu of Foreclosure release the buyer from unpaid back taxes owed to seller?
Gary's answer
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Answered on October 05, 2011
The Deed in Lieu of Foreclosure (DLF) is used–in MO–to transfer title & not for securing a note by real estate. A conditional DLF would be an...
Archived
If I file for debt in canada and include them in my list of creditors I am protcted from debts in US
Gary's answer
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Answered on October 05, 2011
This appears to be a question of international law or treaty.
That is, to what extent is the judgment of one Sovereign Nation alter an entity’s...
Archived
Does filing for bancruptcy in canada (we are canadian citizens living in canada) apply to us debt and judgements
Gary's answer
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Answered on October 05, 2011
This appears to be a question of international law or treaty.
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