Questions answered by Diane L Drain

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When will foreclosure show up on my credit report?

Diane's answer | Answered on February 04, 2013

How credit reports and reporting works is a mystery to us all. You may never see any consequences or it could come a year from now. Normally the...

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My father died intestate. Is it best to let his home in Washington State go into foreclosure or do a short sale?

Diane's answer | Answered on February 04, 2013

First, I am sorry for the loss of your father. As to your legal questions - you need to talk to an estate and probate attorney in WA in order to...

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Im fighting for disability and cant work. Ive tried payments before forclosure & they wouldnt take them then. Do I have options?

Diane's answer | Answered on February 04, 2013

As was mentioned in an earlier post - consider getting information about a chapter 13 bankruptcy. Please understand that this type of bankruptcy...

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Bankruptcy filing in foreclosure - proper valuation of home

Diane's answer | Answered on February 04, 2013

Since you are asking about lien stripping then I must assume you are contemplating a chapter 11 or 13. These types of bankruptcies are very hard...

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1099-A..help

Diane's answer | Answered on February 04, 2013

In addition to Ms. Sinclair's answer your obligation was discharged in the bankruptcy, therefore under the Internal Revenue Code, Section 108, is...

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My landlord has a final judgement with sale date. does he legally still own the property.. he served me with eviction papers

Diane's answer | Answered on February 04, 2013

As was stated in an earlier answer - you have rights as a tenant. If the house is in foreclosure and you are current on your lease and other...

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Is it legal for my landlord to extend me a longer lease while the property is in foreclosure but not finalized?

Diane's answer | Answered on February 04, 2013

There is some law that might be helpful: Protecting Tenants in Foreclosure Act. I have attached a link to my web site with more information.

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I lost husband/salary 1/12, and will retire this year. I will no longer be able to pay mortgage. Can I ask for a deed in Lieu?

Diane's answer | Answered on February 02, 2013

Make sure that you retain a good foreclosure/workout real estate attorney (licensed in the state where the property is located) to review the deed...

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We tries for 14 months to get a loan mod with american service, the result is a higher payment at the same interest rate, (6.9)

Diane's answer | Answered on February 02, 2013

•America's Servicing Company (ASC) is a division of Wells Fargo Home Mortgage that services loans for other investors under the America’s Servicing...

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I was just put in active forclosure and I want to keep my home.

Diane's answer | Answered on February 02, 2013

Send a written request for the full amount due by a date certain. Send that request to as many addresses and/or people as you can find. Explain...

Diane L Drain's Answers (1711)

When will foreclosure show up on my credit report?

My father died intestate. Is it best to let his home in Washington State go into foreclosure or do a short sale?

Im fighting for disability and cant work. Ive tried payments before forclosure & they wouldnt take them then. Do I have options?

Bankruptcy filing in foreclosure - proper valuation of home

1099-A..help

My landlord has a final judgement with sale date. does he legally still own the property.. he served me with eviction papers

Is it legal for my landlord to extend me a longer lease while the property is in foreclosure but not finalized?

I lost husband/salary 1/12, and will retire this year. I will no longer be able to pay mortgage. Can I ask for a deed in Lieu?

We tries for 14 months to get a loan mod with american service, the result is a higher payment at the same interest rate, (6.9)

I was just put in active forclosure and I want to keep my home.