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Hi, my landlord lost her property in January to foreclosure. Was the bank suppose to offer me a chance to buy it?
James's answer
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Answered on September 30, 2014
Agree with colleagues. There is no law which requires party acquiring property through foreclosure to off tenant a right to purchase the property....
Archived
In California, a revocable trust evolved with a Court Settlement removing the grantor as trustee. Is this now irrevocable trust?
James's answer
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Answered on September 30, 2014
Agree with colleagues. Read the settlement agreement carefully. Generally, trust becomes irrevocable after settlor removed as trustee. ...
Can a trustee remove /amend a special needs trust to one of siblings in a living revocable trust out of revenge?
James's answer
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Answered on September 30, 2014
agree with colleague. Generally, only the trustor has ability to amend trust. Trustor must have capacity to amend trust. If no capacity, trustor...
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In Court Settlement Agreement, grantor removed as co-trustee of family trust. Major compliance violations since. What next?
James's answer
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Answered on September 30, 2014
Agree with colleague. Many important facts not stated. Is trust irrevocable? Are bi-annual accounting reports filed with court? Was Alzheimer...
Archived
A creditor levied multiple bank accounts and received more money than the debt owed. they now refuse to return the extra money.
James's answer
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Answered on September 29, 2014
Excellent advice from colleagues. Each of three issues you raise require attention immediately. If not addressed timely, rights will be lost and...
Archived
I was sent a hearing notice against my bankruptcy lawyer for "compensation paid to counsel ___ was excessive under 11 USC 329"
James's answer
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Answered on September 29, 2014
11 USC 329 regulates debtor's transactions with attorneys. Court has scheduled hearing tor review the compensation paid to your attorney. You...
Archived
My sister passed away and I am the executor. She has a mobile home that needs to be sold however the loan for it is in her name
James's answer
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Answered on September 29, 2014
Agree with colleagues. Form of title of mobile home very important. If estate is valued at less that $150k when sister died with no real...
Archived
Bank teller states that money owed to furniture store is affecting my credit score, What should I do?
James's answer
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Answered on September 29, 2014
agree with colleague. Write each credit reporting agency, your bank and the furniture store. Explain circumstances and demand correction or...
Archived
We need help to get our money back from a person?
James's answer
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Answered on September 29, 2014
Agree with colleagues. Appears you were swindled. Review with collection defense attorney. Some offer free consultation and will work on...
Archived
Can the STATE DMV levy my FEDERAL student aid money for delinquent registration on a dead vehicle?
James's answer
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Answered on September 29, 2014
Agree with colleagues. State DMV cannot levy directly on the Student Loan money. Reference: 20 U.S.C. 1095a(d)...