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What can the bank do after a property is foreclosed? set for trustee sale Dec 26
Diane's answer
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Answered on November 19, 2012
Attached is an article about the trustee's sale process in Arizona.
As to your question - the bank has no deficiency rights so long as the...
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Do I need a lawyer OR why do I need bankruptcy to protect myself from foreclosure? Cant I just let the house go????
Diane's answer
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Answered on November 18, 2012
I agree with the earlier answer, but you should also consider talking to a good CPA or tax attorney to determine if there will be any tax...
Archived
Can you process a deed in lieu while in a ch7 bankruptcy, or wait til after discharge?
Diane's answer
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Answered on November 17, 2012
Please do not do either a short sale or a deed in lieu without first involving competent counsel. Either option may expose you to post-bankruptcy...
Archived
IM IN AZ, MY HOME IS UP FOR TRUSTEE SALE WHAT IF IT SELLS OR IF IT DONT, CAN THE BANK DO DEFIENCY JUDGMENT IF SELL LESS
Diane's answer
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Answered on November 16, 2012
Be very careful with either a deed in lieu or a short sale. You might be taking on more debt by waiving your rights under Arizona law. There are...
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I'm trying to short sale a house that my ex and I still have. But I can't get him to help with all the paperwork. What to do?
Diane's answer
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Answered on November 16, 2012
Do not assume that a short sale is the best option for you. Make sure to talk to a competent Texas real estate attorney. You might be waiving...
Archived
If you make $10 payments monthly on a debt for a year, can they send you to collections?
Diane's answer
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Answered on November 16, 2012
Any creditor has a right to require full payment as provided by the agreement between the parties "the contract". Unfortunately, the creditor...
Archived
Loan Modification Question
Diane's answer
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Answered on November 16, 2012
Unfortunately, the mortgage company has the power to do this. You may need to contact your divorce lawyer.
Archived
My house Lakewood, Ca is already set for a Forclosure sale on 11/21/2012 so if I file BK on Mon. will the sale be postponed
Diane's answer
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Answered on November 15, 2012
The more important question is "should you file bankruptcy"? Many people misunderstand what bankruptcy can do for them in dealing with a...
Archived
Can we stay in our home? If so what is the next step?
Diane's answer
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Answered on November 15, 2012
I am confused why you are asking this group rather than your lawyer who is familiar with your mother's situation.
Archived
Can a secondary residence without a mortgage be foreclosed on?
Diane's answer
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Answered on November 15, 2012
If you live in the Arizona property then the creditor cannot foreclose on your home because it is your homestead. See attached list of Arizona...
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