On a residential home foreclosure in CA, can the 2nd morgage holder obtain a deficiency judgment against the property owner?

For the most part, a second can go after the borrower for a deficiency in foreclosure (vs Short sale). If the second was part of the purchase...

If you purchased a senior position, then all junior liens would of been removed. In addition, you would not owe the first any additional mortgage...

In Chapter 13 Bankruptcy with a lien strip on primary residence. Now I need to rent it. Is this ok?

You can absolutely move and rent. The only caveat is if there is a restriction in the confirmation order or a stipulation at some point with the...

What would we need from attorney, to request a short sale from mortgage lender, prior to discharge on a BK CH 11, in CA?

This can truly as simple as filing a motion to sell with the court. There will likely be a modification of the plan as well. As far as...

I am in a chapter 13 bankruptcy. My case was continued. Do I need to bring the chapter 13 payment to the continued meeting?

Without a doubt, bring the payment with you to the hearing. The Trustee is very specific about the receipt of payments. You can always contact...

I am waiting for my 341 meeting (chapter 13). My financial situation changed, I lost my job earnings.

There are so many variables, however, all is not lost. If you anticipate a job or anything that will help you through these tough times (family...

If I file for bankruptcy protection will the cosigner of my car become liable

You must be truthful with all your filings. But there are solutions. Some conventional and some not so conventional. I had a client contact his EX...

Bankruptcy - divorce

First and foremost, you must include your car. Afterall, its part of your overall estate. Anything and everything must be included. That being...