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Foreclosure Forum

*will Give 10 Points!!!* Tax Question Please Help!?

I received 2 1099-C’s for debt settlements (personal loan & credit card) total of approx. $16,000. It looks like filing a Form 982 for insolvency would give me about $2,500 more in refund. How complicated is it to file for insolvency? Do I need an attorney? Is it more involved than just filing the Form?

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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

How Will My Credit Be Affected If Co-signer Files Bankruptcy?

I am the main borrower on an auto loan and I have a co-signer. The co-signer is filing chapter 13 bankruptcy very soon but the auto loan is not going to be included in the bankruptcy.
In any way, will this affect my credit or keeping my car since they are a co-signer and filing bankruptcy?

Foreclosure Forum

Foreclosure Sale Date Set – How Long Before I Will Have To Vacate?

My home is in foreclosure and sale date has been set for July 1st. After the sale is complete, how long do I have before I will have to vacate the home? I am in Broward county, Florida (Ft Lauderdale).
Thanks!

Foreclosure Forum

How Bad Will Debt Settlement Affect My Credit Score And For How Long?

My husband and I bought a timeshare…long story short, it turned into disputes about what we were told we were getting and what we got, and unless we had enough money to take

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Foreclosure Forum

Will Lender Accept Offers Less Than Approved Short Sale Amount?

i am interested in a short sale property, the lender has already approved the short sale, if my offer is less than the approved amount is there a chance that the lender accepts it? thanx

Foreclosure Forum

Will The Irs Take My Refund If My House Is In Foreclosure?

My house is in the foreclosure process,but it hasn’t been foreclosed on yet. Will the IRS take my refund to pay the bank the deliquent amount owed on my house?

Foreclosure Forum

Will I Ever Be Able To Buy Again After A Foreclosure?

I just lost my home to a foreclosure. Does anyone know if I rent for a couple of years and pay well, is it possible to buy again even from an owner finance? I am located in San Antonio, Texas.

Foreclosure Forum

Will Obama Bail Me Out? I Am In A Short Sale Situation On My Single Wide In Yuma Az?

I am about to be fired from my low level rear echelon federal bureaucratic job with Immigration Customs and Enforcement. My single wide has lost value since Obama has taken office and I am now in a short sale situation. Can I get a free house from him like he gave that old lady

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Foreclosure Forum

Will A Short Sale Hurt My Credit?

My husband bought an older mobile home with land close to 10 yrs ago. The mortgage is on a balloon note and 11% interest. He bought with the intentions of building a house but he can not refinance because of the mobile home. I called our mortgage company and they agreed to do a short

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