Should I file for for personal bankruptcy?

I agree with the other posts. It could take several years to pay off that much debt and all of that could be avoided with a chapter 7 bankruptcy. ...

Failed business debt?

If you gave your personal guarantee on the debt then you would be on the hook for this debt. If you are eligible for a chapter 7 then you might...

You should contact the bank and request that they process the release ... somebody could just be lazy at the bank and might need a friendly...

Can your lender garnish your wages on a second mortgage if you go into foreclosure?

Yes, the holder of the 2nd mortgage can, and often does, sue the homeowner to recover on the 2nd mortgage. Once the 1st mortgage is foreclosed...

In Minnesota is it the law that you need to be served papers before you have a sheriffs sale

You are supposed to be served with a "Notice of Mortgage Foreclosure Sale" at least four weeks before the sale is scheduled to occur. The process...

You can call the sheriff's office for the county you live in and ask how much they charge for a "sheriff's certificate of sale" ... this is the...

Looking for Lawyer expert in Farm Debt and Possibly Farm Bankruptcy Issues.

I'm not located in Faribault, but I am a bankruptcy attorney and might be able to help with some of the questions about bankruptcy. Feel free to...

What type of attorney do I need to negotiate a loan modification agreement?

I agree with the first posting. These types of agreements are generally boilerplate and there really isn't much, if any, room for negotiating. If...

How is the asking price determined in a Sheriff's sale?

In the Notice of Mortgage Foreclosure Sale document there should be an Amount Claimed Due and Owing ... that amount (plus any interest, charges...

How do I negotiate a deed in lieu with two mortgage companies?

You might consider surrendering the property in a chapter 7 bankruptcy ... then you'd get rid of the property and the mortgages against it all at...