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I would speak with your bankruptcy attorney immediately. As a general rule, a lawsuit is considered an asset in a bankruptcy. As such, the...
I have also seen situations where the trustee questions the one spouse and continues the hearing for the other spouse (this is more common in cases...
HELOCs are hybrid loans, they are secured by the property and a personal guarantee. As such, the lender has an option in default to either seek...
The quick answer is no, an employer is not allowed to clock you out if you're still working. This is of course based on some assumptions. First...
You need to contact an attorney immediately! The short answer to your question is yes. If you qualify for and file a chapter 13 bankruptcy, you...
Bankruptcy is out of the question since you need to wait 8 years between chapter 7s. You might want to consider debt settlement. You have to be...
The short answer is that there are no deficiency judgments in trustee foreclosures. What you have to consider are the tax issues discussed by my...
To supplement my colleagues responses, you have to be careful of home equity lines of credit (HELOC), although the secured loan is terminated in a...
At that point the lender is not selling the loan, but the title to the property. Yes, lenders can and do this frequently (however, I have never...
Also consider the possibility of getting a 1099 for the debt that the bank forgave in the foreclosure. You should consult a CPA on dealing with...
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