Archived
Can I give my home back to the lender without ruining my credit? The lender is not a bank but Aberdeen NeighborWorks of G H.
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Answered on April 15, 2014
Even though this is not a traditional banking institution as a lender, it probably still reports to credit. Missed payments are the primary...
Archived
How much time do I really have if Ive been served a 3 day notice to vacate on a foreclosed home. shouldn't I have been notified?
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Answered on April 14, 2014
It really depends on what kind of lease you have and whether you have made the payments. If you have a month to month lease, your notice to vacate...
Foreclosure postponed several times and now is "canceled". Do they have to start all over in the foreclosure process?
Nicholas's answer
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Answered on April 14, 2014
Mr. Alexander is essentially correct, except for all of the notices. The notice of default does not have to be reposted to the property. The...
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Archived
Can I get my name off a home my ex and I own that is going into foreclosure?
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Answered on April 08, 2014
HOA dues are tricking in these walk away situations. The HOA dues are personal liabilities which follow the named owners. If you have a signed...
Archived
If i do not file my tax returns this year as my income is less than 10000$. can i file my kid as a dependent next year ?
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Answered on April 04, 2014
I understand that hassle of filing returns, but considering the number of refundable credits that are available to individuals, especially...
Archived
My husband was divorced, in CA, 20 years ago. He and his ex-wife incurred debt to the IRS which has never been paid. He began
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Answered on April 03, 2014
We are a community property state and when property is received, it may be community. It may also be separate property if it is coming from an...
Archived
I filed my FBAR for the first time as I am a new resident 2013 being my first tax year.
Nicholas's answer
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Answered on April 03, 2014
FBAR is simply a reporting mechanism. You would only owe money to the IRS if you had taxable income that was not exempt from US taxation. ...
Archived
Filing bankruptcy when on disability
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Answered on April 02, 2014
My fees range from $1100 to $2000 for the attorney fee, as seen at my website. If the $1800 includes the filing fees, then it is most likely in...
Archived
I own a salon & the landlords stopped paying their mortgage so the bank posted a Notice of default. Does that void my lease?
Nicholas's answer
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Answered on April 01, 2014
Ownership of real property does not change hands until an actual foreclosure sale takes place. Consequently, your landlord, as owner, is entitled...
Archived
Do I have to include the short sale of my home on my 2013 taxes even though it was released in my 2010 Bankruptcy?
Nicholas's answer
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Answered on March 31, 2014
With your sale in 2013, you should have received a 1099-A or 1099-C showing the forgiveness of debt. You will not have any tax liability because...
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