Can a person in bankrupty be their own trustee and continue collecting payments on rental property?
Yes, if he's in Chapter 11. There would be no need to notify the tenants, since they are not creditors.
Houston, TX
Litigation Lawyer at Houston, TX
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Yes, if he's in Chapter 11. There would be no need to notify the tenants, since they are not creditors.
The lender will not remove anyone's name from the loan, no matter what your preferences. You need to buy her out and refinance, or let her buy you...
If you "walk away" the lender will eventually foreclose, and may sue you for the deficiency - that is, the amount still unpaid on the loan after...
You probably don't have an enforceable contract. Although most verbal contracts are enforceable, exceptions include agreements that will take more...
I suppose you can do anything you can get them to agree to. However, I doubt that the agreement you already signed allows you to return the car at...
Tell the collection agency you paid off the car and you don't want to hear from them again until they provide you with copies of the loan...
You don't have to sign any lease. However, after the end of the lease, if you don't have a new lease, the landlord only has to give you 30 days to...
If you think you may need to file bankruptcy, contact an attorney as soon as possible, since there's no guaranty that the mortgage company won't...
The mortgage company does not have to wait any specific amount of time after you are in default to foreclose, and they are only required to send...
I'm assuming that these wonderful tenants have not left you a forwarding address. Check with the post office to see if they have...