201709.08
Off
0

File an Emergency Bankruptcy

File an Emergency Bankruptcy in Louisville Kentucky Sometimes people wait until the last minute before a foreclosure and they are forced to file an emergency bankruptcy in Louisville Kentucky. This is often to stop a foreclosure sale after repeated promises they don’t need to worry because a mortgage modification would be approved. Other times the…

201506.01
Off
0

Heloc Foreclosures

$265 billion in Home Equity lines of Credit mortgage loans (or HELOCs) will go into foreclosure from 2015 to 2018 according to Experian. Some home owners will have to increase these monthly second mortgage payments by 3 to 4 times the present monthly amount. These HELOC loans were popular from 2005 until 2008 before home…

201404.14
Off
0

Rescue and Predatory Home Mortgage Fraud

Rescue and Predatory home mortgage frauds are common. Persons claiming to be the mortgage company, government agencies and investors will often promise to buy your home, work out a deal with the mortgage company or make your home payments for you. They steal your home, mortgage payments or money. In early 2014 what seems another mortgage…

201404.13
Off
0

Foreclosure Landlord Tenant Lease PTFA

The Landlord owns a property until the day the property transfers to the new owner. The Landlord or Owner may occupy, use, lease or sell property as he or she sees fit unless the mortgage and note have some restriction. There are often restrictions like this in large building commercial mortgages but it is rare…

201312.22
Off
0

Kentucky Deed in Lieu Law

A question on Kentucky Deed in Lieu Law as answered on Avvo: A deed in lieu of foreclosure only means you automatically and immediately lose possession of the home. There is no substantial advantage to your credit for surrendering the home and you are normally still liable for the mortgage deficiency. Even if you have it…

201311.18
Off
0

Credit After Foreclosure and Bankruptcy

A foreclosure or repossession will often have a greater impact on your credit score than bankruptcy. Although bankruptcy may decrease a good score 100 -150 points bankruptcy will often allow a credit score to increase over time after discharge. A foreclosure will prevent you from financing a home for 3 years but a bankruptcy will only…

201309.11
Off
0

Foreclosure Defense

If you face a foreclosure in Kentucky you have two options. You may delay the mortgage foreclosure by defending the foreclosure in state court or file for bankruptcy. Defending the foreclosure may give you enough time to modify the mortgage, catch up the payments, sell a home, or take other action. What is a foreclosure…

201008.15
Off
0

Home Foreclosure after Chapter 13 Bankruptcy

Sometimes debtors who file for a Chapter 13 bankruptcy, make all the required payments to the Chapter 13 and at the end of the Chapter 13 they are hit with a mortgage foreclosure claiming they are thousands of dollars behind in payments. Often Debtors fail to put into their plan language that will prevent a foreclosure. How could they file for bankruptcy and still face…