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Monthly Archives: October 2011
‘Mortgage Prof’: 5 Reasons Banks Would Rather Foreclose
“Why won’t the bank just reduce the amount of my loan instead of taking my home and then selling it to someone else for way less than I would have been happy to pay?” It’s a question that gets asked … Continue reading
Posted in 2nd Mortgage, Forclosures, loan modification, mortgage
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Foreclosure activity up, with a lot more on the way
By Jane Hodges MSNBC.COM Foreclosure filings increased during the third quarter of 2011, marking the first quarter they rose since the fourth quarter last year, according to data released today by RealtyTrac. Banks filed default notices, scheduled auctions, or repossessed … Continue reading
Posted in California, Chapter 13, Default Notice, Forclosures, REO
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Can I pay off my Ch 13 plan after completing at least 36 months?
If you were required to be in a 60 month plan because of your income, you generally cannot shorten the term of the plan unless you pay 100% of the allowed claims which were filed. You will want to check … Continue reading
Posted in Chapter 13, chapter 7, unsecured
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Overview of a Chapter 13 Case
Chapter 13 cases can be very complex and the procedures can be confusing and complicated. Make sure that you choose an attorney who has experience in Chapter 13 cases in the area where you live. I have been representing Chapter … Continue reading
Posted in 2nd Mortgage, Bankruptcy, Chapter 13, chapter 7, Susan J Salehi
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LEARN HOW TO STRIP OFF AN UNSECURED 2ND MORTGAGE ON YOUR RESIDENCE
It is possible to strip off an unsecured 2nd (and 3rd) mortgage on your residential real property if the property is currently valued at less than what you owe on the first mortgage as of the date your case … Continue reading
Posted in 2nd Mortgage, Chapter 13, chapter 7, twitter, unsecured
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