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Foreclosure Forum

How Can I Settle My Credit Card Dispute From My Marriage?

My ex and I got a joint credit card shortly before we got married. We filed for a summary dissolution last year and at the time, the credit card balance was under the 6 grand that is the max amount of debt you can have together based on California law. In oru property

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Foreclosure Forum

Can I Get Evicted From A House That Is In Foreclosure Even If I Recently Made A Lease With A Realtor?

I was at home today and I had two gentlemen pay me a visit from the bank they stated they were at my house to change the locks they didn’t want to get into further info so i left as is. So I did my research and found out that the townhouse I live in

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Foreclosure Forum

What Will Happen To The Equity Of Your House By 2-4 Years From Now If The Home Was Loan Modified Today?

Example: Previous value of house $300K and currently paying in mortgage, current value $200K and applied for loan modification, after 2-4 years from now $400K. Will the $200K additional value be considered as equity or AUTOMATICALLY be added in the owners debt/mortgage?

Foreclosure Forum

What To Do While Waiting For Short Sale Approval From Bank?

Im getting antsy. Is there anything i could do? Seller accepted so now im just sitting biding time.. Its been about a month already

Foreclosure Forum

What Is The Difference Between A Short Sale And Needing 3rd Party Approval From A Bank?

A short sale and needing 3rd party approval go hand in hand. A short sale is when the owner is trying to sell their property for less than it’s worth so they are trying to short sale the property. They need the bank’s approval to do this.

Foreclosure Forum

How Can I Protect My Vehicle From Being Taken In Bankruptcy?

I have a vehicle that is paid off, and I plan on trying to keep this one, and putting up my other vehicle in the bankruptcy. Is there any way I can try to protect this vehicle? It wont be able to fall under an exemption for the state I have to file under. I

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Foreclosure Forum

What Happens To My Stock When A Company Emerges From Bankruptcy?

I own stock in a company that is getting ready to emerge from bankruptcy, with a new stock symbol. Will my stock be converted into the new stock symbol or stay the old symbol? Will my current stock be worth the same price as newly issued common stock? What will happen to my shares?

Foreclosure Forum

Will An Llc Shield My Personal Assets From A Foreclosure Of An Investment Property?

I don’t plan on ever going to foreclosure, but I want to purchase some investment properties with 0% chance of my personal assets being at risk if something when bad. Or is there another type of corporation that would fully shield me financially?

Foreclosure Forum

Whar Are The Risks Of Purchase A Short Sale Property From Someone Filing Bankruptcy?

We have agreed on a sales price (the seller has opened escrow) and the seller’s lender seems positive, but the seller has just declared bankruptcy and cannot proceed with the sale until they go to court in six weeks. I am interested in learning about any potential risks that we may be taking on.

Foreclosure Forum

How Long Will It Take For Iceland To Emerge From Bankruptcy?

What does Iceland need to do to get out of the bankruptcy state there are in?