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I had been trying to modify home loan with B of A for almost a year and still not able to go anywhere with them. Please help
Ekaterina's answer
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Answered on October 21, 2012
I know that fighting for a loan modification and dealing with a bank, especially BofA, is an uphill battle. Has the bank put you on a trial...
Archived
I am in an underwater mortgage. I tried a short sale and the bank denied it. Should I do a deed in lieu? Foreclosure?
Ekaterina's answer
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Answered on October 21, 2012
I think that, if possible, you should negotiate non-foreclosure options, but keep in mind that your bank does not have to agree to them. A...
Archived
Is a lender required to procure a promissory note to a piece of property in order to foreclose?
Ekaterina's answer
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Answered on October 21, 2012
No, a lender is not required to produce the note in order to foreclose.
Archived
Served unlawful retainer after foreclosure in California. Will I have an eviction on my record whether or not I respond to it?
Ekaterina's answer
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Answered on October 20, 2012
It is always better to respond to the unlawful detainer lawsuit. If you are letting your current home go and the bank is offering you...
Archived
I can't find housing because of my sudden decreasing FICO Score because of my divorce and shortsale? How do I find a place ?
Ekaterina's answer
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Answered on October 20, 2012
Based on what you said, you should consider Chapter 7 bankruptcy to get rid of your credit card debt. Interestingly, your credit score may go up a...
Archived
Is it possible to settle an upside down second mortgage for a percentage?
Ekaterina's answer
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Answered on October 20, 2012
Sometimes the seond mortgage lender will accept significantly less than what you owe or forgive the debt in its entirety. I can't tell what the...
Archived
ICREDIT CARD DEBT ARBITRATION
Ekaterina's answer
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Answered on September 24, 2012
As an initial matter, you cannot ignore the lawsuit. You can ask the court to "compel arbitration", which means you need to submit appropriate...
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