Archived
What are the tax/financial implications if I let my foreclosure go through and walk away from my property and mortgage
Gerald's answer
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Answered on June 19, 2010
If the 1st is foreclosing the 2nd can sue you for the $25k. The 1st cannot if they complete a non-judicial foreclosure on your primary residence. ...
Can I sue Chase for ruining my credit wherein they did not honor a judgment in my favor?
Gerald's answer
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Answered on June 19, 2010
Looks like you have a separate case against Chase.
First, I would start collection activity against Chase since you have a judgment.
Second, I...
Archived
I have a judgement against a California corporation.
Gerald's answer
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Answered on June 19, 2010
Both prior answers are correct. Good luck.
Archived
My landlord didn't attempt cash our check, his reason "didn't like how we worded it" then charged us 150 late fee, is that legal
Gerald's answer
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Answered on June 19, 2010
No. You tendered payment in a timely manner, therefore he cannot do this. You clearly made a clerical error.
Archived
Anyone in CA succeed in bifurcating a non-residential mortgage loan in chapter 13?
Gerald's answer
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Answered on June 19, 2010
What you are describing is not possible in a chapter 13. The only way to accomplish this cramdown is in a chapter 11, however, the costs are much...
Archived
House am renting going into a foreclose sale on july 6, 2010 and my lease dont end until Sept. 30, 2010.
Gerald's answer
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Answered on June 19, 2010
In November 2009 Congress passed a law that provides protections for tenants whose landlords fall into foreclosure. Its called Helping Families...
Archived
When are CA trustee sale dates usually set in relation to recording dates of Default Notices?
Gerald's answer
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Answered on June 19, 2010
In a non judicial foreclosure, the lender must provide a Notice of Default. The lender then has to wait 90 days. If the default is not cured, then...
Archived
Are CA residents given an extra 90 days during foreclosure if Property being foreclosed is their Primary residence?
Gerald's answer
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Answered on June 19, 2010
In a non judicial foreclosure, the lender must provide a Notice of Default. The lender then has to wait 90 days. If the default is not cured,...
Archived
What exactly happens at the court during a trustee foreclosure sale?
Gerald's answer
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Answered on June 19, 2010
Yes. That is exactly what happens.
The price is set by the lender and is typically the amount owed on the note. The amount is always known...
Archived
Should we foreclose and do I have to file bankruptsy too?
Gerald's answer
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Answered on June 19, 2010
There is simply not enough details to give you good advice. Your house is the most important financial asset and liability in your life. It is...
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