Archived
Can a condo assoc put a lien on my condo and continue collection attempts during the bankruptcy proceedings?
Barry's answer
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Answered on February 20, 2009
You need to speak with your attorney and get an answer. I cannot imagine why an attorney would not answer such an obvious problem. I recommend that...
Archived
I am going to go into foreclosure soon, and the government has required some mortgage companies to rewrite loans. any info on it
Barry's answer
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Answered on February 20, 2009
Your question has so many issues it is hard to know where to begin. As of now, the government cannot tell Countrywide, or any other lender, that...
Archived
Chapter 7 will be dismissed, why is some credit card debt gone
Barry's answer
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Answered on February 20, 2009
There is a big difference between debt "discharged" in bankruptcy and debt "written off" by a credit card company. Sometimes that written off debt...
Archived
Filed ch. 7 in Nov, 08 and just got discharge.Do I owe IRS on foreclosed investment properties that go to the sheriff's auction?
Barry's answer
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Answered on February 20, 2009
This can be a very confusing area of bankruptcy/tax law. Your accountant is right as to the general rule that forgiven or cancelled debt is usually...
Archived
Judgement Question
Barry's answer
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Answered on February 20, 2009
Speaking with a bankruptcy attorney is a good idea. Depending on the amount and types of debts that you have, bankruptcy may be an option. I think...
Can a credit card company put a lien on my home and try to foreclose on it for not paying the balance
Barry's answer
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Answered on February 19, 2009
It is possible to have multiple liens encumbering a property. However, merely having a lien on the property does not give the lienor the right to...
Archived
If discharged in chapter 7, can we still get our refund check?
Barry's answer
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Answered on February 19, 2009
A common mistake that many filers make is believing that once a discharge is received, the case is complete. Often the administration of the estate...
Archived
Can i stop this from happening to me?
Barry's answer
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Answered on February 16, 2009
Although it may seem confusing, you actually have two agreements. The first is between the lender on the car loan and you and your ex boyfriend....
Archived
Making an offer on a house
Barry's answer
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Answered on February 16, 2009
There is no legal obligation for a seller to price a property at or near the market value. It is up to the buyer to decide what price they are...
Archived
How can I avoid foreclosure and get lending company to consider refiance or short sale? I do not want to go 3 months late as
Barry's answer
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Answered on February 15, 2009
Unfortunately, the lender does not have to refinance or allow a short sale, even when it would be in their best interest. Many lenders can, and...
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