I represent many people that file bankruptcy, have a short sale or foreclosure. So, I get the following expected questions on a regular basis. After Bankruptcy – When Do I Qualify To Buy a Home? After Foreclosure – When Do I Qualify To
With A Judicial Foreclosure, Can A Homeowner Avoid Liability For A Deficiency/Unpaid Mortgage Balance By “Abandoning” The Home Before The Foreclosure Sale?
WHY THE QUESTION? I recently had client call me and ask me this question: “If I abandon the home and the creditor judicially forecloses, can I avoid any personal liability for that part of the mortgage that is not paid
WHAT DO I DO NOW?!? Posted below is an article that explains how making decisions becomes overwhelming. IN FACT, people that are experiencing financial problems might suffer more than others from “Decision Fatigue“. Money is tight and every money spending
“Do I Need to File For Bankruptcy?” “Should I file for Bankruptcy?” I get these questions all the time. They are great and necessary questions. We answer these questions by working through the following process. What Are Your
No one’s first choice when faced with a financial hardship is to file bankruptcy. And filing bankruptcy is not on many people’s “bucket list”. So, it makes complete sense that when someone experiences financial hardship that they should look at
First, let’s make sure we have the terminology straight. The purchase and financing of a home in Washington is normally accomplished through a borrower signing a (1) “Promissory Note” that obligates the borrower for the debt incurred to purchase the
Why Its Useful: This document explains the expansion of MHA government programs for mortgage modification, short sales, etc. Subject: Making Home Affordable Program – MHA Extension and Expansion Useful Link: https://www.hmpadmin.com//portal/programs/docs/hamp_servicer/sd1202.pdf NOTE: This post is one of the many “Useful