Foreclosure

If there is an agreement and an applicable waiting period is not waived, a deficiency judgment may be obtained on a mortgage in Indiana.

This means that deficiency judgments in the state of Indiana are allowed by state statute if it is authorized by loan documents and if borrowers do not waive applicable waiting period.

If I'm right a married couple have to file together if the assets are listed together. Not just one can file and not the other. Check with a lawyer and not what others say when it comes to legal matters as this. The bankruptcy laws have changed now. Actually, my lawyer said that I can file seperately since we are reaffirming our current mortgage, and I'm only filing on my credit card debt. What I need to know is if it's OK for my husband to get a mortgage on his own, w/o use of my credit or our joint assets. A spouse can file for BK w/o the other being included. However if there are joint debts or if the married couple live in a CP state the non-filing spouse can be held liable for the repayment of such. In regards to the non-filing spouse being affected by the BK, it should not have any impact with the exception of mutual assets such as checking and/or savings accounts. Any credit application she makes in her name using her own income/assets will not be affected by her husband's bankruptcy. Thank you, Macky. Just wanted to make sure that there are no restrictions on the non-filing spouse, and that the filing spouse won't "get in trouble". From your response and other answers to a similar question, it sounds like this shouldn't be a problem for either spouse.

The estate has to pay off all debts before it can distribute anything to any of the heirs. The estate will have to liquidate all assets to pay off the debts. If it isn't possible to pay all the debts, they will have to show a plan to the court showing how they are fairly dividing up the available assets between the creditors.

how long do you keep foreclosure papers

After they take you to court and the judge orders it. Yhats when...

After you go to court and the judge orders it. That's when...

Usually 'squatters' are a police matter.

You may be required to produce evidence of ownership or stewardship over the property in order for the police to take action.


It will also be a good idea to block the entry point once the squatters are evicted, so that you won't be required to perform this exercise again.

6 months from the sheriff's sale date.

Not that I know of, but there are laws that prohibit underage girls form dating men. They are commonly known as statutory rape laws. These laws prohibit any minor from dating and/or having a sexual relationship with an adult male the age of 18 and older. If the girl wants to date someone overseas who is age appropriate, then I don't think that is against the law. But minors in the US can't leave the country or do anything extreme without a parent or guardian's permission. Yes you can date anyone outside of your race if that is what you choose to do. It's a free country ya know.

Forget it. Have a lawyer do it or you will get taken advantage of and lose a lot of money.

Real property is the land and anything attached to it. A lease is a contract that gives the lessee the right to the use and possession of real property for a certain time period. The lessee cannot convey the land because it doesn't own it in fee. A lease is less than a fee interest and is treated as personal property.

Not long if you work on paying it off as quickly as possible. It depends on the size of the debt, and the type of intrest rates you have. For a house, expect 30 years.

With the use of a large stick or similar

Sorry, the question is totally unclear. Do you want to buy a foreclosed property that had been lease optioned -OR- is it your lease-optioned property that is in foreclosure? Are you the property owner or are you the person trying to buy it via lease-option? Please re-word the question and re-submit it.

Foreclosure usually start 4-8 months after you become delinquent on you note. The bank are over loaded in foreclosure cased they just have to much on there plate. From the day you stop paying you can probably stay in you home for another 2 years if not longer ( if your loan is with a very small bank maybe up to a year no longer). If you hire a foreclosure defense attorney you can stay for as much as 4-5 years.

If you reaffirmed the debt during your bankruptcy case, or if you signed new mortgage/note paperwork after your bankruptcy, then they CAN generally come after you for a deficiency balance if the home does not sell for enough to pay off the debt. If you did NOT reaffirm the debt during the bankruptcy case, or did NOT sign any new notes afterwards, then they usually can NOT come after you for any deficiency balance from a foreclosure sale afterwards. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!

Of course. You are still living there and your landlord's finances do not impact yours. He is still entitled to rent or can simply evict you.

Extra Special Powers

It depends on the lender, but can be as little as two or three weeks. Rather than trying to guess, call them and find out what the process will be.

With bankruptcy most banks will not take it into account after 2 years of discharge. Banks look more favorably on Chp. 13 than on Chp. 7's, I deal with many banks who will actually refinance before the 2 year period depending on the circumstances.

If banks had less money to loan they would increase their interest rates. This is because they would have to make the most profit off of the little money that they had to use. When banks have a lot of money to loan, interest rates are lower because they can still get a lot of interest even from the lower interest rates.

What?

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Yeah. What?

Masquerade party means to dress up in a fancy or over the top costume and attend a ball or party of some sort. Maybe it sounds like some average party, but what's the catch? You have to wear a mask. Some masks cover just your eyes, others half your face, and even full face masks. Usually this masquerade party will last until midnight where all the people attending are unmasked. Very secrative if you have a good mask and very fun. Masquerade party means to dress up in a fancy or over the top costume and attend a ball or party of some sort. Maybe it sounds like some average party, but what's the catch? You have to wear a mask. Some masks cover just your eyes, others half your face, and even full face masks. Usually this masquerade party will last until midnight where all the people attending are unmasked. Very secrative if you have a good mask and very fun.

You lose that home, whoever had their name on the foreclosed home has a blight on their credit, and will be liable for any money not covered by the eventual resale of the home by the lender. Nothing happens to your other home.

Yes. In addition to your normal expenses, such as rent, food, insurance and utilities, in a Chapter 7 bankruptcy you must continue paying all of your secured debts, which usually includes debts that are secured by a house, car or furniture. In other words, in order to keep your possessions, you must continue to pay for them. If you are surrendering the item that secures a particular debt to the trustee in order for he/she to sell the property & use the proceeds to pay creditors, then you do not need to continue to pay for that item. If you are unsure about which creditors you need to continue paying for, then please contact your attorney.