What is the legal issues we have to deal with when we have an investment prorperty foreclosures? shortsale?

Look at IRS form 982....exclusion available for Bankruptcy, Insolvency,business debt, primary residence "qualified debt." Sounds like about...

Do I have to pay property tax while doing shortsale in Oakland, Ca?

You are very safe in NOT PAYING the property taxes.....if you are going to short sale or lose the property in foreclosure. The Bank will pay for...

One more question in regars to subtenant.

You can not collect rent and evict. If tenant has moved out, have they abandoned possession? Oakland has 'Just Cause' eviciton....make sure you...

It depends. If you are a renter, yes if proper notice was provided If you are the owner and no permission given or implied.....that is trespass.

How to leave our house and relocate?

Should you attempt a short sale? How long do you have? do you have a 1st and 2nd? if 2nd is involved, you are very likely not going to be...

How do we get rid of 2nd Td after filing Ch 7 Bkpty? Can we file Ch 13? Discharge was Apr. 2009

You are suggesting a Chapter 20. A chapter 7 followed by Chapter 13. If not done properly and with the right set of circumstances...the court may...

I have 3 listings in my credit hisotry for the same auto loan. First, my original lender, who is now out of business, second lis

Your question is? Is there a balance due? Due you have title? did you make all the payments? The creditors will continue to sell your debt if...

Should we sign the reaffirmation agreement on our car loans?

If you are represented by counsel, disregard this response. You sign the reaffirmation, your attorney does not sign, the court refuses to...

In a Chapter 7 Bankruptcy if you use the wildcard cc703 CA. Is a Sep Ira exempt?

Yes, you can contribute to SEP-IRA for 2009 and 2010 to shelter cash account or you can use part of your wildcard....either is acceptable. Debtors...

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I have an old COPY of a will. Cant determine if real/obsolete. Do I have to obey this will? How do i find if real?

Either you or the Probate judge will determine the validity of the will. The State of California has empowered the judge to make that...