Foreclosure

Presuming you declared and filed for BK...you are the ones making the declaration. You simply need to find a landalord that doesn't care or check. It is every ones individual decison to accept or reject credit (and renting is granting credit).

File for bankruptcy or just let the second loan also go into forclosure.

Yes.

Not if the judgment was for a case involving fraud. And the state doesn't make any difference, unless there is a state bankruptcy procedure that you are using.

Yes, of course you are! Don't let it forclose! There are people out there that can bail you out!!!

Till the cops evict you.

Most loans are FHA guaranteed. You must wait at least three years according to FHA rules. Also , you must re-establish your credit so that you achieve a score that meets the guidelines set by lenders.

You would need to discuss this with a lender or two in your area. People who have gone through a foreclosure are sometimes approved for a subsequent mortgage but that depends on many factors such as the time that has lapsed since the foreclosure, whether your economic circumstances have changed, if you have a down payment, if you have stable employment and can afford the payments, etc.

Judgments are listed by creditor in Schedule D, E or F, depending on the nature of the debt and judgment, and in the Statement of Financial Affairs. question 4a (if within the past year).

Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.

In a foreclosure, creditors are paid in the order of their liens. A first motgage is paid first. Anything left over goes to the second, and if there is still anything left of proceeds, it goes to the third or to the debtor. Taxes and other municipal liens are paid before anything else.

A mechanic's lien is often confused with a New Jersey construction lien. Foreclosure of a construction lien is an action brought in Superior Court by the lienor (the person or company who filed the lien). In the action, the lienor seeks to recover amounts owed for construction services or materials supplied to the owner (or contractor if the lienor is a subcontractor). The "foreclosure" part of the action is an action to foreclose on the property and, if the lienor is successful, forcing of a sale of the property, the funds from which are used to satisfy the lienor's amount due.

You can usually stay at least 30 days in your house. Some banks or companies may extend much more time to you than this.

A second mortgage already has a lien on the home. If you don't pay the second mortgage they will foreclose and take the home. By paying off the first mortgage you just make it easier for the bank to get their money back out of the property when they sell it.

amendment 4 of the constitution: privacy rights

Self help and you may not breach the peace.

Foreclosure is technically only a change of ownership, not possession. You may be able to rent from the new owner, or you may be evicted by the process applicable to your jurisdiction (e.g., 30-days notice to quit your occupancy).

A deficiency judgment is where the owner of a mortgage or deed of trust is awarded a judgment against the borrower in the amount of: the amount of money owed in the mortgage or deed of trust minus the amount of money the property sold for at foreclosure sale If the above amount is a positive number, some states allow the lender to get a judgment for that amount.

Depends - you need to know if your state allows corporations, associations and such (whatever kind of entity your HOA is) to represent themselves in court. Illinois, for instance, does not. Otherwise, if your state says it's ok, well, there's another maxim: "a lawyer who represents himself has a fool for a client".

If a bank refuses a short sale offer, you can only make a new offer to the bank. Your real estate agent will be able to give more details about the short sale process.

Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may lose it by foreclosure instead. You signed a contract to make monthly payments and you are legally bound to its terms.

Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may lose it by foreclosure instead. You signed a contract to make monthly payments and you are legally bound to its terms.

Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may lose it by foreclosure instead. You signed a contract to make monthly payments and you are legally bound to its terms.

Of course you do. If you don't the interest and late penalties will add up and if it takes a while to sell the house you may lose it by foreclosure instead. You signed a contract to make monthly payments and you are legally bound to its terms.

A foreclosure proceeding that missed a recorded discharge of the mortgage may be defective. In certain states and depending on the level of the defect- the foreclosure may need to be done over from scratch. In that case you may find some assistance that was not available before pursuant to new consumer protection provisions relating to foreclosures. You would need to seek the advice of an attorney in your state who is familiar with the current foreclosure laws and bankruptcy law.

Yes..but most people or companies will make them leave by filing proper paper work with City/county. Or you could get them to sign a lease.

Yes, bac home loan servicing lp it's the bigger fraud in the history, they are country wide but with a different name now, so they continuo committing the same fraud that angelo mosilo did for many years, i believe that every American and more that half of the world knows that right? , thanks.

You need to do some research. In some jurisdictions, homestead exemptions are automatic for the primary residence. In others a Declaration of Homestead must be executed by the homeowner and recorded in the land records to be effective. You can try an online search for your state by using the state + homestead exemption. That would provide you with information about the procedure in your state. That should tell you whether it is automatic or whether you need to record it yourself. You could also try to get some preliminary information about your state at the related link provided below.

The title is in the name of the person who purchased it at the foreclosure sale. Once the foreclosure deed is recorded the debtor has no right whatsoever to occupy the property. The new owner has no relationship or obligations to the debtor. The person who has had their rights to the property foreclosed has had abundant notice of the foreclosure. They should make arrangements to move out prior to the sale and make arrangements to remove their personal property before the sale. Once that deed is recorded they are trespassing if they enter the property unless the new owner has made an arrangement with them, in writing.

You either file a new bankruptcy, fixing whatever was wrong with the first, if you can, or refinance or make a deal with the mortgage-holder. Or sell or abandon the house. If anyone tells you to stop making payments on your home to qualify for a loan modification, or to stop foreclosure, they are wrong. Honesty must be your number one priority. If someone tells you not to send your mortgage payment to qualify for a loan modification, don't do it. Lenders will work with you, they are stakeholders in your investment, they are investors in your property, just like you. Please before declaring yourself in bankruptcy talk to your lender.

Bankruptcy is the only thing that can stop foreclosure, however, it is only temporarily. You first negotiate with your mortgage company, if it is not successful, you always have the option to exercise what is called a deed-in-lieu of foreclosure - you send in the key and remove yourself from title, instead of going through a lengthy foreclosure process that would cause additional cost to you and the lender. At the end of a foreclosure, the bank will try to sell off the property, the difference between what you owe the bank and what the bank sold it for, is considered capital gain - meaning you owe taxes on that amount, and the bank will send you a 1099 (in simple terms). However, you always seek legal counsel to assist you. Always, learn the facts before you act. This information, as well as the one above is being provided by someone who has been in the banking and finance industry for over 15 years, and worked for the largest mortgage servicer in the United States. My wife is a former vice president of a bank, and responsible for the foreclosure department of the largest mortgage servicer in the United States, she worked closely with FNMA, Freddie Mac and FHA/HUD years back.