Archived
Simple Question,We received foreclosure complaint,decided to do a short sale, how do I respond to complaint informing such?
Diane's answer
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Answered on January 15, 2013
Given that you have a discharge of the debts why do anything at all? As was stated earlier - do not enter into a short sale without contacting a...
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Archived
Are there tax consequences to a deed in lieu? Will my name be taken off deed immediately? Filed BK last year.
Diane's answer
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Answered on January 15, 2013
No one can predict how quickly your name will come off the title to the property. As to doing a deed in lieu - be very careful. It is possible...
Archived
I think we need to reopen my 7 case to avoid a HELOC lien. Can I do this and when is the right time?
Diane's answer
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Answered on January 15, 2013
The prior answers are correct - you cannot lien strip a secured loan in a chapter 7. You can do so in a chapter 13. Please understand that a...
Archived
Property law question regarding improvements to property that is subject to a lien.
Diane's answer
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Answered on January 15, 2013
Normally the lender does not have to pay you back for any monies you put into the property. Just like the lender does not have to pay the original...
Archived
If the house i am renting is being sold friday at 11:00am and rent is do for jan on thursday can he evict me if i do not pay ?
Diane's answer
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Answered on January 15, 2013
Below is a link to the Protecting Tenants in Foreclosure Act. At the time of the foreclosure you are to be current on your rents and your lease...
Archived
Filling Bk takes away all linked cases from the court on foreclosure property, If I surrender the property with Bk process.
Diane's answer
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Answered on January 14, 2013
You need to talk to a competent bankruptcy CA attorney. Your questions are too complicated to be answered in this forum which is intended to...
Archived
Best option or approach to pending home foreclosure? (Safe, quick and painless approach?)
Diane's answer
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Answered on January 14, 2013
Do not do either without first talking to a good foreclosure attorney, licensed to practice law in the state where the real property is located. A...
Can my condo association foreclose on my condo over unpaid hoa dues?
Diane's answer
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Answered on January 14, 2013
You need to seek legal help to determine your options: workout or bankruptcy. Do not wait. Make sure the lawyer is experienced in these areas of...
Archived
In a foreclosure is there any recourse once a sale date is issued?
Diane's answer
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Answered on January 14, 2013
Talk to a good foreclosure attorney licensed to practice in the state where the property is located. Also make a qualified written request on the...
Archived
I had a 1st & 2nd mortgage on my house. The house was underwater and foreclosed on by 1st - will I be liable for the deficiency
Diane's answer
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Answered on January 14, 2013
You do not mention where the property was located. Each state has different laws dealing with real estate. Talk to a good real estate/foreclosure...
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