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22 February 2016 | 6 replies
The only exception to this are bankruptcies.
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20 September 2016 | 30 replies
Bankruptcy filing provides an automatic stay from foreclosure; even if bankruptcy is filed one minute before the foreclosure auction the sale must be cancelled.Once bankruptcy is filed the borrower is given an automatic 60 days to file a bankruptcy plan.
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29 April 2016 | 10 replies
Corporations, in most states, cannot claim poor debtor exemptions...The answer is generally yes, if something is owned by an LLC, a judgment creditor can get at it unless you file for bankruptcy.
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21 March 2018 | 35 replies
You can search by practice areas (real estate, bankruptcy, etc.)
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27 March 2018 | 67 replies
Since you can't get ride of it even in bankruptcy, that means it will act more like an anchor on economic growth than a catalyst for a crash.
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5 June 2018 | 10 replies
Is that a bankruptcy, a judgement, a collection or a 30 day late?
18 April 2018 | 4 replies
(Some states request the Security Deposits be in an interest bearing account.)In other words, you will need to set up two (2) separate companies, one regular bank account for yourself, and two trust fund bank accounts to operate professionally.The reason you must have a Trust Account for your Owners and one for the Tenants Security Deposits (and they must be labeled as I’ve stated above), is to protect your clients from bankruptcies and seizures of their property.
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3 May 2018 | 18 replies
But on notes that I’ve subsequently looked at, there seems to be very little difference in initial note pricing between notes in judicial vs. non judicial foreclosure states, or differences in bankruptcy status or occupancy status.
8 May 2018 | 5 replies
A Property Sale , Foreclosure or otherwise can be reversed if a Bankruptcy was Just filed , a frustrating waste of time.most title Search do not include a Federal Bankruptcy Search this one does i t s 1.net
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7 June 2018 | 8 replies
I also know that we cannot work with the borrower themselves during the process, but with their liaison for the bankruptcy process.