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No, but if you file bankruptcy you are willing to give up important things. Such as cars , money , boats, or anything value. That would help not having a foreclosure but it would take 2 years to get out the house if you recieve a foreclosure.
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∙ 9y ago
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What is the best way to hide liquid assets before foreclosure and is there a time period before lquidating?
There is not a need to hide assets before a foreclosure. You will owe the difference between what the house is sold for and what you owe on it, but you will have time to pay this.
What are the forms needed to file a wrongful foreclosure lawsuit?
You need to consult with an attorney.You need to consult with an attorney.You need to consult with an attorney.You need to consult with an attorney.
How do you file a lawsuit for a wrongful foreclosure?
what are the forms needed to file a wrongful foreclosure lawsuit There are no forms. A foreclosure is not filed in a small claims court, so strict rules of civil procedure apply. In other words, you will need to act like a lawyer and will be held to the same standard in all rules of court as a licensed lawyer would. Normally, any defense you would have to the foreclosure, would be expected to be pleaded in the original foreclosure suite. If based upon facts that were only discovered after the final judgment, you might be able to sue but, again, you would need an attorney.
If foreclosure homes are sold at auction how are realtors selling foreclosure homes - Do they purchase the homes themselves or are they attempting to sell before the auction - How does this work?
the owner who is in foreclosure is attempting to sell the house before the foreclosure goes through. this is completely legal. if they want to sell the house for less than the amount that is owed to to the holder of the mortgage they will need to get the mortgage holders agreement.
Mechanics lien on your house that is included in a Chapter 13 Can the lien holder start foreclosure on your house?
Yes they can, you will need to file a demurrer to inform the court that the house is involved in a bankruptcy - that may not avoid foreclosure however, it may only delay it.
What information do I need to have together before contacting a foreclosure attorney in Chicago?
Here's a website that has information on forclosures: http://www.dfi.wa.gov/consumers/education/foreclosure/prevent_foreclosure.htm. It may be able to help you in Chicago.
What do you need to know before buying a foreclosure list?
If you are planning on buying foreclosed homes, then you may want to consider buying a foreclosure list. Make sure that the list you are purchasing is up to date and accurate.
Procedural requirements in a foreclosure of mortgage?
Foreclosure procedure is addressed by state statutory laws. You need to search online for "your state + foreclosure procedure".
What happens if your home does not sale at the foreclosure auction?
at the auction sale of my home the sale was stopped. i did not file bankruptcy. i have two mortgages own by investors need to make a decision to or to move?
Foreclosure after discharge with no reaffirmation?
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.
If your house was in foreclosure what would be your greatest need?
My house is going through foreclosure. My biggest need is money to move and finding a place to rent.
In California who do I file banckruptcy with?
The FEDERAL Bankruptcy Court, for the circuit that has jurisdiction for your case.(Just by having to ask, really proves you need a lawyer.The filing and process is MUCH more difficult than finding your way to the right court. Doing it wrong leads to a bad result, up to and including criminal charges).
