I received a summons and complaint on the foreclosure of my home from the lender that holds my second mortgage. They have my

If you're being sued on the foreclosure of your home then you should probably consider a personal bankruptcy ... if the mortgage company gets a...

How should I handle my wage garnishment, bankruptcy or pay off?

If the creditor is garnishing your wages, thereby making it difficult to provide food and to pay your other necessarily living expenses then you...

BofA - Loan Reinstatement or Wait for Short Sale Offer acceptance

I think you should consider doing a chapter 7 bankruptcy if you are eligible. There is no guarantee that the mortgage company will approve either...

Do we continue to pay rent?

You are probably still liable for the rent for the term of your lease ... however, if I were you I'd try to negotiate for a lower rent. If you...

I had my house foreclosed on; what are the dos and don'ts when I leave?

The furnace and water heater would probably be considered "fixtures" at this point, but the other items, if all you have to do is unplug and move,...

Q: Will there still be a mortgage foreclosure sale if the property was surrendered? Also, how can I stay here until then when I received a letter...

Selected as the best answer

If I were you I would NOT purchase the sheriff's certificate from the HOA foreclosure sale. You'll be spending a bunch of money unnecessarily. ...

If you don't submit an Answer to the Complaint (i.e., the lawsuit against you) then the creditor can get a default judgment which allows them the...

Anti Deficiency Judgment Law in Minnesota

You'll need to be sure about which mortgage is being foreclosed (the first or the second) and which type of foreclosure is actually being...

A collection company levied my bank account for the entire amount owed and then started garnishing my wages - is this legal

If you have other significant debts (credit cards, medical bills, etc) then you might as well consider a chapter 7 bankruptcy. If you file for...