Portland, OR
Contracts and agreements Lawyer at Portland, OR
Practice Areas: Contracts & Agreements, Real Estate ... +4 more
I would strongly advise you contact an attorney who handles loan workouts / modifications as well as bankruptcy. Such a firm or attorney will be...
You are responsible until the property transfers via foreclosure or you otherwise divest (sell) the property to a willing/accepting party. Getting...
Qualifying for modification will depend on income in relation to the loan and house value and a few other factors, but not family size (although...
There is not enough information here to completely answer your question. However, it is certainly possible your default on the loan to the sole...
The answer to your question is: Yes, the lender can and probably will initiate foreclosure actions. However, the answer is also yes, you can...
There is not much you can do about the house value itself, as this is a function of the serious market decline - the busted bubble. If you are...
The only ways to get your names off the loan are: 1) pay off the loan via sale, refinance, or cashing it out; or 2) formal assumption of the loan...
You have quite a few issues here with substantial financial and credit repercussions, therefore the best answer is to pay for a thorough...
You will need to contact an attorney for specific legal advice... If a cridtor has recorded a judgment against you in the county where you own...
In general, co-signers on a note take on "joint and several" liability for the debt. This means both parties or either one of them are responsible...
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