Questions answered by Michael Aaron Shurtleff

Archived

Is a mortgage note that has been completely charged off considered to be unsecured after being charged off?

Michael's answer | Answered on September 04, 2013

I assume that you don't mean the debt was discharged in bankruptcy. The lender charging off the debt is essentially their own business in terms of...

Archived

Why file Ch13 or do a Short Sale if I can just walk away from my property in Oregon? Without fear of the lender coming after me.

Michael's answer | Answered on August 15, 2013

If the trust deed being foreclosed qualifies as a "residential trust deed" (under brand new oregon state legislation the only real thing that can...

Archived

Our house was foreclosed on several years ago...

Michael's answer | Answered on June 16, 2013

Dear Borrower, I am answering this on Sunday and I don't usually work on Sunday so lets count this as service to fellow man and I can get away...

Archived

Don't know what to do. Company for my 2nd closed in 2009 and I have not made a payment to anyone since then. Current on my 1st.

Michael's answer | Answered on May 14, 2013

You are doing the right thing. Either whoever owns your loan has been changing from collection company to collection company...Or the debt is...

Archived

I was just served papers for a judicial foreclosure on my home. I do not wish to keep the house. What happens next?

Michael's answer | Answered on April 27, 2013

There are five main foreclosure firms that do foreclosures in Oregon and knowing them and their practices is helpful in deciding how to proceed. ...

Archived

What should I do if the person I loaned money died unexpectedly (primary residence as a collateral but family refused to pay),

Michael's answer | Answered on April 22, 2013

Did you have a trust deed on the home along with the note/contract?

Archived

FHA short sale in Oregon, will we get a deficiency judgement on the balance from our lender B of A?? Short 30K, owe 140K

Michael's answer | Answered on April 18, 2013

If you have not visited a hud housing counselor you need to call NEDCO or Apprisen in Salem if you are serious about continuing to work on a loan...

Archived

Do I need an attorney

Michael's answer | Answered on April 12, 2013

When you get a loan you sign a note and you sign a trust deed. The note creates the debt and The trust deed makes the house the collateral for the...

Archived

My landlord is refusing to give us our security deposit.

Michael's answer | Answered on April 08, 2013

I agree with Mr. Mauger and encourage you to proceed to filing the complaint. It only costs a couple hundred dollars to file and serve the...

Archived

Real estate atty, question or Bankruptcy Atty. question: Discharge BK in 5/12, retained home, didn't reaffirm loan,.

Michael's answer | Answered on March 29, 2013

One thing to understand is that attempting a short sale has the dual benefit of usually extending the period of time you are in your home without...

Michael Aaron Shurtleff's Answers (341)

Is a mortgage note that has been completely charged off considered to be unsecured after being charged off?

Why file Ch13 or do a Short Sale if I can just walk away from my property in Oregon? Without fear of the lender coming after me.

Our house was foreclosed on several years ago...

Don't know what to do. Company for my 2nd closed in 2009 and I have not made a payment to anyone since then. Current on my 1st.

I was just served papers for a judicial foreclosure on my home. I do not wish to keep the house. What happens next?

What should I do if the person I loaned money died unexpectedly (primary residence as a collateral but family refused to pay),

FHA short sale in Oregon, will we get a deficiency judgement on the balance from our lender B of A?? Short 30K, owe 140K

Do I need an attorney

My landlord is refusing to give us our security deposit.

Real estate atty, question or Bankruptcy Atty. question: Discharge BK in 5/12, retained home, didn't reaffirm loan,.