I used 80K HELOC for down on 2nd home. 1st mortgage 313K in pre-foreclosure. Same mortg. company. Can HELOC be forgiven?

Sorry if I have misunderstood this, but it appears to me that you took out the 80K HELOC on your primary home to use as a down payment for your...

Ii got a letter in the mail that the house im renting will be auctioned do i pay rent to the landlord or the courts

You still owe rent to the landlord since the landlord can excercise his/her/its right to cure the default (not that they will most likely). You...

20 months later they are now asking for money.

Once you accepted the seat, you became liable to the seller for the motorcycle seat. The law does not allow one to take a benefit like this for...

I have been asked to open a bank account and there will be 50,000,000 deposited can I get in trouble for this?

This is a scam and you should not do it. If you want to see others like you who have actually taken advantage of the scammers themselves, then...

If the person purchasing my land files bankruptcy, will I be able to reclaim my property?

I'll address the issues the former comentator did not. First, if you have a valid Deed of Trust, you would be a secured creditor in a...

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Landlady has misstated square footage on our commercial lease and taken prime parking spots and given to other tenant.

I am not familiar with the Prescott commercial leasing situation, but first off, you should scout additional places for your business for no other...

How much damage to my credit score will default on a raw land contract cause after making only 28 monthly payments?

To add to the above commentator's point on the IRS, you may have to realize gain on the cancellation of debt, and that realization is taxed as...

In the sate of Arizona do you have to pay rent if the house you are renting is in foreclosure?

By Arizona case law, yes, you do have to continue to pay, and while it may appear that you have a cause for cancelling the contract (and given the...

I have settle an account with chase bank and I received a stipulation to dismiss without prejudice should I sign and send back?

Dismissed with prejudice is different that dismissed without prejudice, but on this matter, if you settled and then paid, there would no other...

Actually, you have to be current on both of your mortgages if you wish to reaffirm the debts on your home, thus allowing you to stay in it through...