You can legally refinance if you choose to, there are no restrictions from the bankruptcy. With that, you may find that lenders will not approve your loan because of the bankruptcy.
refinance and buy the other person out or sell and split any equity equally, then you will both be out and may be able to start over
Yes, you definitely can when you refinance. It would take place at the close of escrow.We're working off the assumption that you can qualify for a mortgage on your own.If you need any more information, feel free to contact us or your local lender.
"The advantages of filing for bankruptcy are that if bill collectors are calling all of the time, they aren't legally allowed to call you anymore."
You are not legally allowed to do this, the papers must be handed over in person by the individual for whom the bankrupcy proceedings are being filed.
No. The lawyer does.
No
My mother is 75 and is facing foreclosure on her property. She is concerned of what the mortgage company can seize of her personal property, especially her IRA, annuity and car. What are they legally allowed to take?
bankruptcy
Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.
Yes. Filing bankruptcy does not affect your work status generally speaking.
NO collection activity may occur legally during bankruptcy proceedings.
You'll probably have to file bankruptcy. >_> In the USA, legally, nothing can happen to you. You can't be arrested and thrown in jail, or anything of that nature. Debtor's prisons are not allowed in this country.