Dear Asker, For whatever reason I like to think of foreclosure as all of the people who have an interest in the property hanging onto a vertical...

With foreclosure redemption rights do the bank loans come back in force or do I just pay the foreclosure sale price + interest?

Dear Asker, Great question. I recently helped the first homeowner in Multnomah county redeem his property for about 250K when he owed the first...

Does a junior lien holder have a way of obtaining a pro rata distribution of funds from the sale of a property?

Dear Asker, I suppose the biggest issue is that you say that yours is the second priority loan but that the documents do not indicate the...

Dear Asker, Thank you for providing the level of detail in your question. While you have quite a bit of information and it sounds like the...

If I sign a contract for business loan and I have not received the money, is the contract binding ?

While I agree with the other answers, from a practical point of view the more important question is why you don't want to take the loan. If...

I would suggest starting by approaching staff at the Oregon Real Estate Agency if you have not done so already. After that I might check with a...

Mortgage debt to Bank of America was discharged in a Chapter 7 bankruptcy July 17, 2012. B of A subsequently has sent hundreds

Your question of course raises a host of issues. You would benefit from a consultation to review the best course. The environment related to...

I received letter stating they have authorization to initiate/file foreclosure lawsuit against me.

Dear Asker, Yes they can start foreclosure. You have 180 days to redeem the property after the foreclosure but at that point a lot more costs...

Can a bank take money from a different bank for an overdrawn account?

I agree with Mr. Atchley. I would suggest googling [phone number you were called from] + the word "scam". Did they ask you for money over the...

My home has been 'sold' in a sheriff's foreclosure sale ( to the mortgage bank ). What happens next, how long until I must leave

Dear Asker, I am going to assume that you are the homeowner and not a renter. I don't want to be too intrusive here and I don't think I am...