Can my father give his house to a family member from his Will if he has a reverse mortgage?
The property can be transferred to the heirs however it will be "subject to" the full amount of the debtor owed. However, there are situations...
Newport Beach, CA
Chapter 13 bankruptcy Lawyer at Newport Beach, CA
Practice Areas: Chapter 13 Bankruptcy, Foreclosure ... +3 more
The property can be transferred to the heirs however it will be "subject to" the full amount of the debtor owed. However, there are situations...
Focus on the non-bankruptcy laws that may allow you to save your home or delay the foreclosure. Once the trustee sale occurs, its typically much...
The death of your father will not stop the lender's march toward foreclosure. The situation is complicated by the lack of estate planning. ...
Its unclear what you want. The house seems to be underwater regardless of which valuation you use....because you owe $815k. If you really think...
Your assumptions about seasoning periods are not accurate. There are many "loan products" in the marketplace and underwriting guidelines vary....
Based on the limited facts you have provided, you are no longer the owner of the home...merely a hold over tenant. The new owner purchased your...
Your mortgage note and deed of trust will set forth the written terms under which you agreed that the full balance of your loan can become due. ...
There is no statute of limitations. The deed of trust you signed is a property interest that you gave away to ensure that you repay your debt. You...
Scheduling postponing a trustee date that existed before you filed BK13 is NOT a violation of the automatic stay; while conducting a sale is a...
All sources of income are relevant and must be disclosed. Hire a lawyer.