Is it advisable to wait to short sale a house if you are in a middle of a BK or is it better to wait for the BK to be dismissed?

If you want a second opinion from a local BK attorney, consider seeking the counsel of a bankruptcy attorney who is also a real estate broker...

What should i do with my 2nd mortgage? how can i strip off my 2nd mortgage?

Understand that a second mortgage deed of trust is a PROPERTY RIGHT you gave to someone to secure your promise to repay money you borrowed..Not...

You've already laid out your options. There is no magic legal solution here unless you want to explore eliminating your personal liability through...

Is a new notice of default required?

No. Only a Notice of Trustee expires, after one year. If you want to understand all options for delaying foreclosure...seek experienced legal...

What is my best option at this point?

You are your own worst enemy; the best analogy is that you are ill, decide to "self treat", then attempt to reach out for help on death's door. ...

Can we sell our home to our daughter and avoid using an agent?

There is some risk if you do not pay off your mortgage and try to sell her the home "subject to" your existing mortgage. Your mortgage agreement...

My bank didn't follow proper foreclosure procedures. I didn't lose my house but can I recover all penalty fees?

Generally, if the "penalties" are connected to your failure to make payments on time and resulting in initiation of a non-judicial foreclosure, a...

Its smart to not believe the advice of non-attorneys. You became the owner SUBJECT TO the mortgage. When you file chapter 7, the Trustee steps...

How much time do I have?

That depends on what actions you take before the foreclosure sale and after, what actions the loan servicer takes before the sale and what actions...

How do I get rid of PMI when I keep getting the run around?

It depends on the type of PMI, when the loan was originated and the terms of the insurance contract. To get the information or documents you seek,...