The Many Ways to Rid Yourself of a Timeshare
Tuesday, July 02
While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This misconception is perpetuated by timeshare compan...
Foreclosure and the Bankruptcy Stay
Monday, May 28
While there are many reasons for the rise in bankruptcy filings, with working families falling victim to job losses, the collapse in the real estate market and plunging home values is one of the principal reasons for the rise in filings.Over the last three years, as the economic recession lingere...
The Joint Tenancy Deed Saves Money and Avoids Probate
Monday, May 28
The joint tenancy deed is one of the best tools to transfer real estate between spouses, partners and heirs. Its principal characteristic and its advantage over holding title as a tenant in common, is that a joint tenancy deed transfers title immediately upon the death. This is known as the right...
Can I Safely Walk Away from My Mortgage?
Monday, May 28
The answer to this question depends to a large part on whether you live in a state that has consumer protection statutes known as "anti - deficiency" statutes. These statutes are designed to protect the homeowner from being responsible for loans secured by their personal residence when the person...
Can I Eliminate My Second Mortgage in Bankruptcy
Monday, May 28
The current financial crisis, brought on by the collapse of the housing market has more and more people looking for solutions to their “under water” property. An “under water” property is one in which the debt on the property is greater than the value. Today, millions of homeowner are now upside...