Questions answered by Edgar I Hall

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Foreclosure after surrendering home in Bankruptcy....

Edgar's answer | Answered on July 12, 2012

Yes, the process is essentially the same. However, it is important to know whether the foreclosure process had begun or not prior to your...

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How long do you have to get out of the house when you get a 30 day notice?

Edgar's answer | Answered on July 05, 2012

It depends on the type of thirty day notice you received. If you received a notice of default, the clock is definitely ticking as the next step...

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Lien on investment property (land) - otherwise no debt. what are the implications of a foreclosure if we'd rather just be done.

Edgar's answer | Answered on July 05, 2012

With only a day and a few hours before the foreclosure sale, only filing for bankruptcy will stop the sale. If there are procedural errors with...

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I will be starting a Short Sale on my house. I was wondering if the bank will still need mortgage payments during this process.

Edgar's answer | Answered on June 07, 2012

The bank will want you to continue to make payments otherwise they will proceed to foreclose. However, the short sale process can take quite a bit...

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Home purchased in 2006 with an 80/20 loan all for initial purchase, what are my options to get out?

Edgar's answer | Answered on June 06, 2012

Trying to negotiate a short sale or deed in lieu when there are two different servicers involved can be difficult. If one party forecloses, the...

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I had a change in my finances and can no longer afford my mortgage and HOA fees i am (2mo behind)

Edgar's answer | Answered on May 27, 2012

I agree with the previous poster. There are additional strategies to also consider. One would be to use the Foreclosure Fairness Mediation Act...

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Foreclosure Fairness Act

Edgar's answer | Answered on May 27, 2012

You are asking several questions at once and so I will address how the Foreclosure Fairness Act (FFA) can help you and then his the other points...

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Do we have to keep paying rent if the house we are living in goes into forcoler

Edgar's answer | Answered on May 22, 2012

The short answer is yes. Your landlord's obligation to the bank (and failure to make good on it) has no bearing on your obligation to pay rent to...

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I am in foreclosure my home, and have been given a 3 month 'trial preriod' for a hamp on my loan. Am I wasting my money?

Edgar's answer | Answered on May 22, 2012

The foreclosure trustee has discretion to push back the foreclosure sale date to allow the loan modification to complete. It may be worthwhile to...

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Finance company for car tack on late payments and fees during Chpt 13

Edgar's answer | Answered on May 12, 2012

I would recommend speaking with the attorney who filed your Chapter 13 on this issue. They should be able to give you an answer on this point.

Edgar I Hall's Answers (555)

Foreclosure after surrendering home in Bankruptcy....

How long do you have to get out of the house when you get a 30 day notice?

Lien on investment property (land) - otherwise no debt. what are the implications of a foreclosure if we'd rather just be done.

I will be starting a Short Sale on my house. I was wondering if the bank will still need mortgage payments during this process.

Home purchased in 2006 with an 80/20 loan all for initial purchase, what are my options to get out?

I had a change in my finances and can no longer afford my mortgage and HOA fees i am (2mo behind)

Foreclosure Fairness Act

Do we have to keep paying rent if the house we are living in goes into forcoler

I am in foreclosure my home, and have been given a 3 month 'trial preriod' for a hamp on my loan. Am I wasting my money?

Finance company for car tack on late payments and fees during Chpt 13