Bankruptcy while on Trial Modification Program

Great question. MOST lenders will CANCEL your trial mod if you file a bankruptcy during the trial mod. A permanent loan mod is different. ...

When are you responsible for a condo assessment if you have filed chapter 7 and do not plan to retain the property.

The answer is YES. When the bankruptcy code was amended in 2005, the law was changed and now the homeowner is RESPONSIBLE for HOA dues from the...

I filed chapter 7 due to my home

In the Northern District of CA, debtors typically receive their discharge 4 months after the date of FILING. Stuart Price Price Law Group 800...

Yes, they can still collect. The "Cancellation of debt" does not mean that you do not owe the debt, despite the name. Sorry!

Unlikely that the conversion helped at all. You need to immediately file a Motion to Reinstate the Automatic Stay. And you need to make it an...

Do I need an bankruptcy or real estate attorney for help?

I'm pretty sure that you have no defense to the motion, based on your description. After they obtain relief (you should have a date on the...

Do i need a real estate attorney?

Typically your bankruptcy attorney has nothing to do with your case after the discharge. If you did, indeed, reaffirm your house -- that would...

I am married and my wife has a huge amount of debt under her name. if she files bankruptcy will it affect me as well?

The answer has to do with what, exactly, is community property vs. what is separate property. If you were recently married, and she brought the...

Can anyone tell me for sure if a lender can pursue a deficiency in California for a home sold as as a short sale? Thank you.

I have noticed that the "standard" approval letter from B of A states what you are describing. The prohibition to getting a deficiency...

I want to purchase a short sale ( NOT a foreclosure) there is a current lease in place...what will happen?

There is no difference between a "sale" and a "short sale". In either case, you take the property subject to the lease -- that is, you will have...