Monthly Archives: February 2009

how can i save my House if I go bankrupt?

reddwj asked: If I go bankrupt can I save my house that is paid for? Chapter7 Is there another way to save it?

What are the different stages of foreclosure, and what do they mean?

juicyfruit asked: I’m interested in buying a home in foreclosure, but I don’t know what the different stages are or what they mean. I’ve seen “notice of default”, “real estate owned”, “notice of foreclosure sale”, and “pre-foreclosure.” Can someone please tell me the stages (from beginning to end) and what that means to me as…

We are filing chapter 13 bankruptcy and do not wish to keep our home. How can we do this successfully?

Starting K asked: Please give suggestions on allowing our home to go through foreclosure or other means during our Chapter 13 process. It has become very apparent that we are unable to afford it and is part of our total money outlay problem. Not sure we can sell this property and get out from underneath…

What’s the difference between bank foreclosure and homeowner’s association foreclosure?

In_trouble asked: My sister is already facing bank foreclosure but she also just got a letter saying that she will be facing homeowner’s association foreclosure because of unpaid dues. They’re filling a lien against her … I don’t understand the difference … I thought only banks could foreclose.

home foreclosure HELP where do we go and how do we start refinancing?

catchi asked: Wasn’t the bailout suppose to help homeowners refinance if they were facing foreclosure? How? Was there any agency or website to go to in order to start the process? Related Blogs Related Blogs on Refinancing When Is Home Refinancing The Right Decision? Related Blogs Related Blogs on Refinancing When Is Home Refinancing The…

What credit card relief companies are not scams.?

wraith0564109 asked: I have a good amount of credit card debt, and I’m trying to find away to make the payments more bearable, but everything I find online seems to be a scam. Related Blogs Related Blogs on Credit Card Debt Credit card debt Become credit card debt free Little Known Tips For Avoiding Credit…

If you file Chapter 13 Bankruptcy Can they take your income tax refund?

km10j8baker asked: I have filed chapter 13 bankruptcy and I have not filed my income taxes yet. I have been told that the bankruptcy court can take your refund if you have one due to you. Is that true? Related Blogs Related Blogs on Income Taxes

How to hold companies under bankruptcy protection accountable?

pshao01 asked: What prevents a company from borrowing a ton of money, spending it all, declaring bankruptcy, and never paying back its creditors? Details: say the CEO gets a huge “salary” (this is actually borrowed money), buys himself a bunch of toys, then declares bankruptcy and never repays the money. What is the punishment for…