Archived
Do mortgage companies have a fiduciary responsibility to make sure the loan is affordable? I'm responding to a demurrer.
Ekaterina's answer
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Answered on November 18, 2012
Courts generally opine that the bank has no fiduciary responsibility to the borrower to make sure that the borrower can afford the loan. The bank...
Archived
How long does it take to process a Home Loan Modification?
Ekaterina's answer
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Answered on November 17, 2012
If the bank is mistreating you during the loan modification process and keeps you in suspense for 2 years, you might consider a legal approach. If...
Archived
My home assesed value is 339.00 the first is 288,000 and the second - equity line - is 350.000, need to settle the 2nd soon
Ekaterina's answer
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Answered on November 17, 2012
You should speak with HUD conuselor about available loan modification options. Unfortunately, the bank doesn't have to work with you and doesn't...
Archived
My house Lakewood, Ca is already set for a Forclosure sale on 11/21/2012 so if I file BK on Mon. will the sale be postponed
Ekaterina's answer
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Answered on November 15, 2012
If you have debt that you'd like to get rid of, then bankruptcy could be a good option for you. If you don't have an attorney yet, get one. Filing...
Archived
Loan Modification - BOA service and HSBC Investor
Every time it is denied for "Investor is not approving",
Can this be done?
Ekaterina's answer
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Answered on November 14, 2012
I think you should see an attorney as well. There may be legal options available for you.
Archived
Can the Mortgage company add an extra fee in my loan modification account?
Ekaterina's answer
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Answered on November 14, 2012
Yes, the bank can add foreclosure fees, missed payments, and late fees to the overall balance of your loan as a part of the loan modification. As...
Archived
Faulty foreclosure/UD/eviction process? What can I do?
Ekaterina's answer
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Answered on November 12, 2012
I think that if there is a problem with the foreclosure process and the UD is not properly done, you should see an attorney.
Archived
How long will bankruptcy delay a tenant having to move in foreclosure?
Ekaterina's answer
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Answered on November 12, 2012
The Protecting Tenants at Foreclosure Act of 2009 should give you protection if you are a tenant in a foreclosed property. You should see an...
Archived
What can I do when my chapter 7 fee waiver was denyed and my only source of income is $251 a month plus $200 in food stamps?
Ekaterina's answer
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Answered on November 02, 2012
As my colleagues have stated, the best thing to do is to get an attorney. If you are doing things by yourself, it can be very difficult as may not...
Archived
Deed in lieu , second home in california , I purchase vacation home in 2006 for 300,000 now is worth maybe 95.000
Ekaterina's answer
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Answered on October 31, 2012
You can also consider filing for bankruptcy if you have debt that you want to get rid of.
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