Unless there are significant facts you have not related, it is extremely unlikely that you would be subject to criminal charges. However, you may...

Can a credit card company raise your intrest rate even if you have never missed a payment on an exsisting balance?

If you received a letter telling you they will raise the rate in 1 1/2 years, you are very lucky. Most people are only being give a month to...

Deed in Lieu of Foreclosure

One thing you need to be aware of when considering a deed in lieu of foreclosure is the possible tax consequences. The IRS considers canceled or...

Is loan modification possible on HELOC after foreclosure (in Arizona)?

I am not sure what you asked the lender about a short sale. If the property was foreclosed, presumably by the 1st lienholder, you no longer own the...

What happens when you just stop making you mortgage payment? i know it eventually goes into foreclosure...

Before doing anything drastic you should find a local bankruptcy attorney and schedule a consultation. Many bankruptcy attorneys will provide a...

If i claim chapter 7 bankrupcy, will I get 1099 on investment properties if they are sold for less money

I do not practice in Michigan and recommend that you speak with a local bankruptcy attorney because there may be more issues involved than just the...

What do I do when I went to pay my car payment and they have packed up and moved?

You need to contact a consumer attorney right away. There are several issues that not having access to the title could raise. You may also want to...

We want to buy a house from owners that live in another state and they are preparing to file bankruptcy.

Obviously, there may be other factors involved than just getting rid of the property. Just one example is the possibility that there could be a tax...

Should I buy a 2nd home before or after filing chapter 7 or 13 BK?

You really need to sit down and speak with a local bankruptcy attorney before you do anything. No one can give you specific advice on this question...

What are the criteria for determining "undue hardship" for bankrupting student loans? My husband and I have over $150,000

It seems you are looking for a guarantee of the results and, unfortunately, you are not going to get that from any reputable attorney. As you have...