Hi, I went to a Foreclosure conference recently and it was mentioned several times when doing a pre-foreclosure NOT to use a State standard form Purchase Agreement.

$250K of your gain is tax free ($500K married filing jointly) as it has been your residence for 2 of the past 5 years.

That means this is where the attorney files to let everyone know the house is going into foreclosure.

Because she was former military herself( I'm active) I guess she felt comfortable enough to tell me she had filed bankruptcy and was getting moved because she knew they would be giving her a date soon.

Married filing jointly your sheltered gain is $500K, filing single it's $250K!

Ideally I would be able to send Word files, or PDF files, and faxes that get sent to me would go to my email address.

Some will prefer not to divulge mobile number while others don't mind.In order to feel more comfortable before distributing personal information one can certainly freeze their credit files and etc.At root, security is highly subjective.

And others have recommended just purchasing an umbrella policy, stating that it'll serve as the same function as the former two, without the added expense of the &200.00 annual filing fee for the sub chapter S.

The primary stock holders in the company filed personal bankruptcy and even though the corporation did not file chapter 11 the property was taken since they were the primary share holders.

What happens many times is that the holder of the 1st lien will file the NODs, but the holder of the 2nd will just wait to see what happens.