Archived
Recent lawsuit between govrnt and Bank of America ($1 billion), will it effect how BofA qualify people for loan modification?
Evan's answer
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Answered on October 29, 2012
Very likely that the suit will have no "official" impact but the bank may choose to do whatever it can internally to avoid a repeat of the issue....
Archived
In CA - NOD was filed by new 2nd lender and now have a trustee sale date on property that is underwater
Evan's answer
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Answered on October 29, 2012
A Chapter 13 will allow you to strip the 2nd mortgage but converting to a Chapter 7 may not be possible if the 2nd mortgage requires completion of...
Archived
My Parents were forced out there home they told them there house would go to auction in 3 days in a panic they moved .
Evan's answer
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Answered on October 29, 2012
Your parents need to consult an attorney. It sounds like there are many issues that may not have been properly addressed here. Get them some...
Archived
House is in foreclosure . want to pay house off and lender won't agree to this. why? It's been 3 lawyers.
Evan's answer
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Answered on October 27, 2012
I'm not sure that makes sense. If you have someone who's willing to pay off the loan on the house, the bank doesn't have the option of refusing...
Archived
If property is foreclosed does the owner give up old title and deed or do they make up new one?
Evan's answer
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Answered on October 27, 2012
When the property forecloses, a new deed is created. No need for you or your husband to hand it over.
Evan A. Nielsen
1255 W. Colton Ave., #506...
Archived
CPA/PA WON'T HELP ME IN AN AUDIT OF MY 2010 TAX RETURN
Evan's answer
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Answered on October 27, 2012
Audit representation is typically not included in the fee for preparing taxes. If your agreement with her for services says otherwise then you...
Archived
Wrongful foreclosure by Bank of America now they say they will rescind sale do new mod only if I sign an agreement to drop my or
Evan's answer
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Answered on October 27, 2012
If you're in the middle of a foreclosure lawsuit, consult your attorney. If you don't have one, get one. You do have options and you do have...
Archived
Bank said unless immediatly sign forbearance agreement extending time of balloon to fix defaults will accelerate all loans.
Evan's answer
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Answered on October 27, 2012
There's always time to find an attorney and you need one. Check the directory here or your local bar. You're looking for attorneys with Foreclosure...
Archived
We tennants living in foreclosed property. We don't want to leave. What are our options?
Evan's answer
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Answered on October 27, 2012
Check out the Protecting Tenants in Foreclosure Act of 2009. If you have a valid lease, you have options to remain in the property for a period of...
Archived
Received 1099C in the middle of my Chapter 13. Will I be taxed ?
Evan's answer
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Answered on October 26, 2012
No, but you will need to make sure the information is properly reported on your tax return (use form 982 to report the forgivness). There shouldn't...
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